StatusPRO, as described by HypeBeast, is a sports tech and gaming company that leverages player data, augmented reality, and virtual reality to create a range of training and fan engagement products. As a Black-owned startup, StatusPRO has already formed partnerships with the NFLPA, various college athletic programs, and the Baltimore Ravens. With the backing of James, Drake, and Osaka, the potential for growth and success is immense for co-founders Andrew Hawkins and Troy Jones.
Osaka expressed her enthusiasm for this business venture, stating, “I seek investment opportunities that can have a lasting impact on culture and society, and StatusPRO is poised to do just that. Not only will it influence gaming and entertainment, two areas I am passionate about, but it will also revolutionize the way athletes train and analyze their performance.”
Maverick Carter, CEO of the SpringHill Company, praised Jones and Hawkins as innovators and storytellers. He commended their ability to create remarkable content based on personal experiences, citing their authentic perspective as former athletes. Carter believes that StatusPRO has the potential to reshape the sports experience at every level.
Jones and Hawkins have made significant strides in the sports tech industry. According to a press release, this sector is projected to reach a value of $57 billion by 2027. However, HypeBeast reports that less than 1% of Black entrepreneurs receive adequate funding from traditional venture capital firms to compete in this rapidly expanding field. As part of the select group receiving funding from major investors like James, Osaka, and Drake, Jones and Hawkins appreciate the significance of their position.
Aside from the substantial credibility that their new investors bring to the table, Jones emphasized the importance of empowerment, diversity of thought, experience, and culture within their business. He expressed his gratitude for the support of industry pioneers who believe in their vision.
Chief Business Officer Andrew Hawkins added, “It is incredibly humbling that individuals of their caliber have faith in us as founders and in our vision for this industry. At StatusPRO, we always emphasize the strength of our team, and with the addition of these influential figures, our team has become even more formidable.”