Pittsburgh fishing tech startup Anglr draws in $3.3 M in financing
ANGLR, a Pittsburgh-based fishing technology startup, will introduce a new item, its Bullseye, throughout the 2018 ICAST sportfishing tradeshow in Orlando, Florida. ANGLR announced $ 3.3 million in financing on Monday, July 9, 2018. Fishing has to do with landing the huge one, and ANGLR just landed a pretty huge one. The Pittsburgh-based fishing technology startup announced a $ 3.3 million round of financing Monday and the launch of its most recent product
. ANGLR makes little devices that connect to a fishing pole or clothes. The devices sync with mobile phones over Bluetooth and enable anglers to tape where, when and under what conditions they
catch fish. "We're constructing Strava but for sport fishing, "ANGLR CEO Nic Wilson told the Tribune-Review last year. Strava is a fitness app that allows runners, cyclists, swimmers and other professional athletes to track their workouts. The app offers insights from the data to help athletes improve their performance.
ANGLR's products operate in the exact same style. The app sets information about when and where anglers capture fish with weather and water conditions.
"ANGLR has actually shown the capability to harvest deep experiential activity data and set with artificial intelligence analysis to offer value for both consumer and enterprise," said Keith Bank, founder and handling partner of KB Partners, which lead the latest round of funding.
The concept behind ANGLR started with a few friends sitting around the campfire after a fishing journey on the Allegheny River near Oil City. Wilson and future co-founders Landon Bloomer and TJ Corbett were arguing about who captured the most fish and who captured the biggest fish during the journey. They decided that innovation might assist them track that details.
ANGLR launched its very first product, the Tracker, in 2016. The small device clips onto a fishing rod and track casts, hook sets and other data, mapping it and logging it on the app. At ICAST, a large sport fishing exhibition being held today in Orlando, ANGLR will officially introduce its next product, the Bullseye.
The button clips onto clothes or a lanyard and can log catches and mark waypoints with just a tap.
The brand-new round of financing will help ANGLR build its online network, personnel and the features in its app. The business employs 14 people and intends to grow to 24 by the end of the year.
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