Galway-headquartered Orreco continues to blaze a trail with bio analytics for elite sports stars and performance products for female athletes – and it’s also top of the league for media coverage.
The company worked with StoryLab to disclose a new €3 million fundraising round which will enable it to further develop its products and hire more staff in Ireland, the UK and the US.
The fundraising round was led by True Ventures – the renowned Silicon Valley venture capitalists who were among the first to invest in Fitbit and Peloton.
CEO and co-founder Brian Moore said the new investment will enable Orreco to expand its product, engineering, data science and commercial teams, in addition to accelerating the development of its elite performance solutions, @thlete and FitrWoman.
The sports company hit the back of the net with widespread media coverage that include RTE Radio 1, Newstalk, The Irish Times, Irish Independent, Silicon Republic, Connacht Tribune and internationally with the Washington DC-based Sports Techie website and the Tech Crunch newsletter.