NBA backs $40M Startup Round

Fastbreak AI has raised US$40 million in Series A funding backed by the NBA, NHL, GTMfund, Greycroft, TMRW Sports, and several professional athletes. The Charlotte-based startup builds sports scheduling and operations software used across professional and amateur leagues.

Funding Details. The round totals $40 million, with participation from major sports leagues and athlete investors to accelerate product development.

Product Focus. Fastbreak AI provides scheduling and event management tools for over 55 leagues globally, including the NBA, NHL, AFL, Serie A, and MLS.

Growth Plans. Funding will expand the platform’s reach into youth and amateur sports, where Fastbreak already works with USA Taekwondo and Lightning Basketball.

Market Context. Founded in 2022, Fastbreak AI joins a growing cohort of AI-driven sports tech firms aiming to modernize league operations and scheduling efficiency.

If successful, the company could cement its role as a core software provider for both pro and amateur sports organizations.