Amount Raised: $20M. Total amount Raised: $26.5M
Lead Investor: PGA Tour
Other Participants: PING, Inc., TaylorMade Golf Company, COBRA PUMA GOLF, Topgolf Callaway Brands Corp. (NYSE: MODG), and others.
Company's Purpose for Funding: Arccos aims to enhance and expand its on-course tracking system, further integrating it as "The Official Game Tracker of the PGA TOUR."
Location: Stamford, Conn.
Leadership: Sal Syed (CEO & Co-Founder)
Product/Service: Arccos provides a pioneering on-course tracking system that empowers golfers to monitor their performance on over 40,000 courses worldwide. With the Arccos Caddie App, every shot taken by a golfer is automatically captured, while also offering AI-powered GPS rangefinding, caddie tips, and tailored game analytics. This comprehensive solution ensures golfers have access to real-time PGA TOUR data through ShotLink powered by CDW. Arccos collaborates with major brands, bringing smart club technology from PING, TaylorMade, COBRA GOLF, Srixon / Cleveland Golf, and providing smart fitting from Club Champion, smart coaching from Me And My Golf, in addition to partnerships with EA Sports and Golf Digest.