HomeCourt is a technology company.
HomeCourt has raised $25.0M across 1 funding round.
HomeCourt has raised $25.0M in total across 1 funding round.
HomeCourt has raised $25.0M in total across 1 funding round.
HomeCourt's investors include Ardent Venture Partners, Audrey Capital, Blossom Capital, Cherubic Ventures, Cross Culture Ventures, Expa, Future Ventures, General Catalyst, Gradient Ventures, Heavybit, Jared Hecht, QED Investors.
HomeCourt, developed by NEX Team Inc. (also known as Nex), is a mobile app that uses AI and computer vision via a smartphone camera to track basketball shots in real-time, providing instant feedback, performance analysis, video review, and statistical insights.[1][2][3][6] It serves basketball players of all levels—from casual users to aspiring pros—in over 170 countries, solving the problem of accessible, data-driven training without needing expensive equipment or coaches by turning any smartphone into a personal trainer.[1][2][6] The app features NBA partnerships for pro-level drills, virtual challenges, and scouting programs, with strong growth including over 25 million shots tracked since launch, features in major media like Wall Street Journal and Sports Illustrated, and accolades such as Fast Company’s Most Innovative Company in Sports and a 2019 Apple Design Award.[2][3]
NEX Team was founded by second-time entrepreneurs with backgrounds at Apple, Google, and Facebook, including experience from a prior startup acquired by Apple.[1][2][3][4] The idea for HomeCourt emerged from combining cutting-edge mobile AI, computer vision, and community engagement to make sports training fun and accessible, starting as NEX Team's flagship product launched around 2019.[1][2] Early traction came quickly with free App Store availability, global adoption in 100+ countries initially, $4 million in seed funding from high-profile investors like Mark Cuban, Steve Nash, Jeremy Lin, and others, and rapid recognition including media features and awards.[1][2][3]
HomeCourt rides the wave of AI democratization in sports tech, leveraging smartphone ubiquity and computer vision to make elite training accessible amid rising youth sports participation and data analytics trends in athletics.[1][2][3] Timing aligns with post-2019 AI mobile advancements and NBA's digital push for global talent scouting, amplified by pandemic-driven home training needs.[2][6] Market forces like investor interest from sports icons (e.g., Mark Cuban, Steve Nash) and tech execs, plus expansion to apps like Active Arcade, position it to influence the motion-based entertainment ecosystem, transforming passive devices into active play tools for broader fitness and youth development.[3][4]
HomeCourt is poised to expand its NBA-backed scouting and global challenges, potentially integrating more AR/VR for immersive pro simulations and scaling to other sports via NEX's motion tech platform.[3][6] Trends like AI wearables convergence, youth esports-athletics fusion, and investor backing from figures like Will Smith and YouTube co-founders will fuel growth, evolving its role from shot-tracker to full talent pipeline influencer.[1][2][3] As smartphone AI matures, expect deeper ecosystem impact, unlocking pro potential for millions while blending utility with joy in sports training.
HomeCourt has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series B in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $25.0M Series B | Ardent Venture Partners, Audrey Capital, Blossom Capital, Cherubic Ventures, Cross Culture Ventures, Expa, Future Ventures, General Catalyst, Gradient Ventures, Heavybit, Jared Hecht, QED Investors, Sound Ventures, SV Angel, Symbolic Capital, Aaron Levie, Adrian Aoun, Dylan Field, Eddie Hartman, Eric Wu, Gokul Rajaram, Jenna Hannon, Kevin Lin, Mark Cuban, Saturnin Pugnet, Scott Belsky, Steve Chen, Troy Carter, Vivek Patel |