Dublin-based HealthTech company Output Sports Secures €4.5 million in Pre-A Round Funding

New investors include Apex Capital, Uni.Fund, and Dopamine Sports, alongside existing backers Elkstone, Atlantic Bridge, and Enterprise Ireland. Angel investors such as Jim Kelliher (Drift, LogMeIn) also participated.

Dr Martin O’Reilly, Co-founder and CEO of Output Sports said, “Output Sports is committed to developing data-driven insights that support coaches and athletes, Our team has worked hard to build a platform that meets the needs of some of the world’s leading sports teams such as New Zealand’s All Blacks, England’s national soccer team and the Colorado Buffaloes and delivers meaningful value through data. This investment will help us support our growth in the US, deepen our technology capabilities, and grow our team to support our increasing customer base.”

Output Sports, a University College Dublin (UCD) spin-out founded in 2020 by Dr. Martin O’Reilly, Dr. Darragh Whelan, Julian Eberle, and Professor Brian Caulfield, helps over 800 sports organizations, including more than half of the English Premier League clubs, make data-driven decisions to enhance athlete performance.

Its all-in-one wearable sensor provides lab-quality data anytime, anywhere, simplifying athlete testing and tracking. Developed from 10 years of UCD research, the technology supports coaches, sport scientists, and rehab specialists in analyzing performance.

It is used in various sports, including football, swimming, basketball, and golf, for velocity-based training, strength measurement, and power development, helping athletes improve at all levels.

In 2024, Output Sports recorded 30 million athlete measurements worldwide and contributed to several Olympic medal wins, including Daniel Wiffen’s gold in swimming for Ireland and Zheng Qinwen’s historic tennis gold for China.

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The company has also supported championship-winning teams in major US sports leagues and national teams in soccer and rugby sevens. The sports technology market, currently valued at €13.1 billion, is expected to grow by 20.5% by 2030 due to rising demand for biometric tracking, virtual and augmented reality, and AI-powered tools.

The new funding will help Output Sports expand in the US and grow its teams in sales, marketing, product development, data science, and customer support.

Koen Bosma, Head of Venture Capital at Apex Capital said, “At Apex, we invest in the future of sport Off-field measurement and driving competition in the gym are key to success for sports organisations and Output Sports is best in class in this crucial part of the sports tech stack.”

Niall McEvoy, Head of Venture at Elkstone said, “Since Elkstone first invested in Output Sports at seed stage, we have seen the founders build an incredible roster of well-known customers across the sports world, As the team continues to put data-driven insights at the centre of athlete development, we are proud to reaffirm our support alongside strong international co-investors.”

Dr Helen McBreen, Board Director and Partner at Atlantic Bridge said “Output Sports is an excellent example of the research based deep tech businesses we invest in at Atlantic Bridge. Since first investing in 2020 we have worked together to provide access to international markets, institutional co-investors and talent. I am optimistic about future growth as the company continues to scale rapidly in key markets, improving performance for all athletes.”

Output Sports aims to be a go-to tool for assessing strength, power, and movement, with a target of tracking 100 million exercise reps in 2025.

About Output Sports

Output Sports provides easy-to-use, high-quality data for sports professionals at all levels. Its V2 sensor offers a complete view of training and rehab sessions, allowing seamless athlete testing and tracking with a single advanced wearable and real-time insights through the Output Hub.