ADELAIDE, Australia, January 17 2023 - Lumin Sports, the Adelaide-based athlete wellbeing and performance software startup, has been added to KPMG’s High Growth Ventures portfolio.
It comes as Lumin Sports builds on its successful launch in the lucrative U.S collegiate and high school markets.
KPMG High Growth Ventures will work with Lumin Sports’ executives to scale the business as it traverses global borders.
Amanda Price, Head of KPMG High Growth Ventures, said her team is enthusiastic about helping another Australian business reach its potential.
’'Lumin Sports is an innovative startup that is assisting coaches and managers make sense of the mountain of raw data now synonymous across all levels of sport, from elite organisations to local clubs,’' Price said.
‘'We’re thrilled to be working closely with the team to help them scale both in Australia and abroad."
Already working with elite teams and athletes within the AFL, NBL, UCI, Australian Olympic program and the Armed Forces, Lumin Sports is leveraging its world-class Arc software platform to address the growing demand for athlete wellness and data visualisation solutions in the United States.
Lumin Sports Chief Executive, Ben Tripodi, said he’s excited to capitalise on what’s a critical time in the company’s lifecycle.
"We’ve only scratched the surface in terms of what’s possible in the US and if we’re going to achieve our ambitious targets, we need to grow accordingly," Tripodi said.
"By working with the KPMG High Growth Ventures team, I’m confident we can grow our business to ensure our Arc platform is embedded in collegiate and high school sporting programs."
Lumin Sports was founded by Ben Tripodi and Ryan Brereton.
Chief Executive, Lumin Sports
Lumin Sports is the ultimate data and wellbeing solution for sporting teams. Its premiere software offering, Arc, has revolutionised how data is collected and visualised. Lumin Sports currently supports elite teams around the world and has recently extended its software offering to include Arc Core, a platform for organisations starting out on their data and performance journey.
KPMG High Growth Ventures
KPMG High Growth Ventures, a unit within the KPMG Australia professional services firm, works with startup founders to reach their business milestones. They advise and provide solutions to assist startups to scale sustainably both locally and abroad.
"As a professional cycling team we have athletes based all over the world, and at times we don’t see them in person for several weeks during the season or months during the off season, and even longer in the current climate. The Lumin Arc platform and Phila app allow us to simplify and centralise both qualitative and quantitative data on the athletes and is a valuable tool for us both for helping with team selection decisions, but also for general monitoring of the athletes health and well being."
"Lumin's Arc platform is a game changer in professional cycling. Arc has given our team real insights into the athlete’s performance and how they are feeling and training every day. This has and will continue to improve our decision making in a globally disparate team."
"We are a sport and a team with such a diverse work force which is geographically dispersed. Keeping in touch with each other is critical , every day that a rider is not able to train is a day lost to the team and to the rider. Technology and the partnership with Lumin has enabled us to be more connected than ever in a meaningful and relevant way, keeping us on the road."
"I can comfortably say that Lumin has saved us well over 40% in time spent collecting and preparing data, meaning we can spend more time putting the data to use."
“I am able to see all of my data in real time combined into the one system. Everything from my wellness to my performance data on one system is incredibly powerful. I’m able to connect all of my data to my coaches, performance staff and the people allowing me to be at my best. I’m able to integrate my 3rd party hardware and it will upload instantly to the Arc platform for instant analysis. As an athlete we often are asked to use a variety of different tools to monitor all of our performance metrics, With the Arc Mobile and Arc platforms this now consolidates this monitoring and data collection to very few seamless steps, allowing me to concentrate on racing and performing at my best."
"The Arc and Phila platforms have provided us with the ability to understand and monitor our group more in depth, while reducing our admin time with the data analysis perspective, giving us more time for what matters, developing our players on the field."
"The interactive, user-friendly nature of the platform helps to sort through large data sets to find the relevant information. With around 25-30% reduction in work-force across the league as a result of the COVID-19 pandemic, we have been able to maintain the same level of analysis across the 2021 season through the Arc platform."
"Since using Arc by Lumin Sports, we, as a high performance football team have been able to consolidate a-lot of our existing data storage and analysis platforms so that we can now use one central platform throughout the department. Seamless integrations with real time visuals has been at the forefront of my work and where I see the most benefit and potential from the Arc platform from my point of view."