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Home COUNTRY IBERIA

Barcelona-based sportstech CeleBreak scores €1.1 million in funding to reshape the world’s football experience

EU Startupsby EU Startups
May 22, 2023
Reading Time: 2 mins read
in IBERIA, VENTURE CAPITAL
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CeleBreak, a startup focused on offering the most engaging football playing experience worldwide, has just secured a €1.095 million funding round. This significant milestone will fuel CeleBreak’s strategic growth initiatives and reaffirms the company’s commitment to making the world’s most popular sport accessible to all, everywhere, anytime.

This latest investment has attracted backers such as Tom Horsey (Eoniq Fund), Andreas Mihalovits, René de Jong, and Stefan Lauer (former Lufthansa Exec. Board Member), amongst others, and will be used strategically to maximize growth. CeleBreak aims to leverage this financial boost to expand product lines, improve its tech product, and enhance the scalability of operations.

A primary focus will be to grow the annual revenue run rate in Barcelona alone from €800,000 to over €2 million. The introduction of new product lines will make football accessible to everyone. This will be achieved by offering a mix of friendly games designed to cater to all playing levels, training sessions, leagues, and tournaments. The aim is to become the go-to place in Barcelona to play football and find community through football.

In that sense, CeleBreak intends to replicate the successful model that has been proven in Barcelona, to expand its operations in more cities. According to the vision of the company, in the next 3-5 years, CeleBreak works towards making the world’s most beloved sport accessible to play anywhere and anytime.

By redefining the football playing experience, CeleBreak promises an exciting future for football enthusiasts worldwide. Since its inception, CeleBreak has proven its ability to inspire football enthusiasts by cultivating a community of over 6,000 monthly active paying players who participate in more than 1,000 games each month. These loyal customers have contributed to CeleBreak’s substantial €1 million plus in annual revenue and more than 16,000 paid monthly bookings.

Read the orginal article: https://www.eu-startups.com/2023/05/barcelona-based-sportstech-celebreak-scores-e1-1-million-in-funding-to-reshape-the-worlds-football-experience/

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