# TZsports

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tzsports

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.tzsports.com
- Latest round: Series A (Oct 20, 2016)
- Investors on record: 1

## About

TZsports is a company dedicated to providing innovative sports technology solutions, focusing on enhancing athletic performance and experience through cutting-edge products.Founded in 2016 and headquartered in Shanghai, China, TZsports specializes in sports technology solutions aimed at improving athletic performance. The company has not undergone any significant pivots or changes in operational strategy. It is not a subsidiary nor does it have subsidiaries. The firm has completed 2 deals, with the most recent one occurring on August 29, 2017. TZsports raised CNY 20 million in a Pre-A funding round led by Yao Capital, with participation from Northern Light Venture Capital, bringing the total amount raised to CNY 20 million. The CEO of TZsports is Liang Mei.TZsports offers a range of innovative solutions primarily focused on sports technology, with its core products designed to address performance enhancement needs. Their flagship offerings include wearable devices that monitor athletes' biometrics and performance metrics, functioning by providing real-time feedback through a user-friendly interface. These products are tailored for professional athletes and sports teams, enabling them to achieve better training outcomes. The company has strategically positioned itself in the Asian market, where it serves a diverse clientele of athletes and sports organizations.The company's revenue model is structured around direct sales of its products to sports teams and individual customers. Transactions typically occur through B2B sales and direct-to-consumer models, providing a seamless experience for clients. Clients may engage in annual subscriptions for software updates and product support, allowing them to access the company’s flagship products. The pricing plans are designed to cater to different segments of the market, ensuring affordability and value for both individual consumers and larger enterprises.TZsports plans to launch several new innovative products aimed at expanding its product line by the end of 2023. Additionally, the company is targeting expansion into the European and North American markets to increase its global footprint. The recent funding of CNY 20 million raised in August 2017 will be utilized to support these product development initiatives and market entry strategies.

## Funding rounds

- Series A, Oct 20, 2016 — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A