Fastbreak AI develops sports operations software used to create scheduling solutions for the NBA, NHL, AFL, Serie A, MLS and over 55 leagues globally. Its AI technology helps leagues reduce travel and manage logistics across broadcast and venue requirements. The company has also expanded into amateur and youth sports by making its flagship scheduling platform, Fastbreak Compete, accessible to national governing bodies and local organizations such as USA Taekwondo and Lightning Basketball.

Founded in 2022, Fastbreak will use the new capital to continue building products for professional leagues while expanding its investment in youth and amateur sports technology, a market estimated at $55 billion.

“Reed Smith understands the pace and pressure that come with building a tech company,” said John Stewart, Co-Founder and CEO of Fastbreak AI. “Their team has the experience to support founders through fundraising and investor negotiation while also helping to manage IP protection and privacy concerns. They’ve been a great partner for Fastbreak, and I’d recommend them to any early-stage company looking for a firm that knows what it takes to scale.”

The Reed Smith team was led by Amie Singer and JD Hawkins.

Reed Smith’s Emerging Technology and Venture Capital practice advises founders, investors, and high-growth companies on financings and strategic transactions across the technology and AI sectors. Learn more at reedsmith.com.