Kelowna-Based ProSmart Hits Bay Street
News August 2, 2017
Posted by Joanna Schlosser
ProSmart Enterprises Inc. (ProSmart) is the first Accelerate Okanagan client or alumni to be publicly trading on an exchange (TSXV: PROS). In a strategic move to access capital and broaden their service offering, ProSmart entered into an M&A transaction with a public company, Sora Capital Inc. Through this transaction, ProSmart was able to integrate with Sora's wholly-owned subsidiary, RosterBot Inc., a leading sports team management platform. The two companies connected for the first time at Metabridge in 2015 where RosterBot placed as a Top 15 Startup.
ProSmart is a Kelowna-based media company focused solely on the sports software marketplace. The company was founded on the simple belief that all grassroots sports participants (well over 1 billion youth and recreational participants worldwide) deserve equal access to the best supportive resources anytime and anywhere.
ProSmart supports coaches, managers, teams, players and families in over 1,500 registered governing bodies and associations spanning 100 different countries with a platform that blends player, coaching, and team development content supported by a diverse suite of team management tools.
"ProSmart's best-in-class approach to developing the quality of the player and the state of the game regardless of economic means, age, gender or skill level is an absolute game changer for the sports marketplace" says Alan Schuler, ProSmart Co-Founder & Chief Executive Officer.
To secure best-in-class content, ProSmart is consistently looking to strengthen their team of sports influencers and strategic advisors and as a result they have created a means for people like NHL Alumnus, Wendel Clark, to give back on a global scale.
"ProSmart is a great way for me to give back to the game I love, and to be a part of something new and innovative. I've been coaching my son for years and it's exciting to now have a platform that keeps everyone in the community on the same page!" says Wendel Clark, NHL Alumnus and ProSmart Ambassador.
"No other company in the youth, recreational and professional sports industry provides a bridge for these communities to connect in one marketplace to create and exchange value, while also increasing sports participation at the grassroots level." says Ty Summach, ProSmart Co-Founder & Chief Operating Officer.
"The tech scene in the Okanagan is quietly booming. Recent advancements like the new Okanagan Innovation Centre are boosting collaboration and driving growth, ultimately making this tech eco-system sustainable for the future. We're just excited to be a part of it all! The Accelerate Okanagan programs gave us access to a highly-qualified set of mentors who have the experience and know-how to coach us through the challenges of building a successful startup." Ty Summach continues. ProSmart is proud to be part of the Okanagan tech community and although they now have offices in Vancouver and soon to be New York, ProSmart is committed to keeping their headquarters right here in downtown Kelowna.
"ProSmart is an excellent example of what is happening in the Okanagan tech community and their success is exactly what our programs were designed to support." says Raghwa Gopal, CEO, Accelerate Okanagan. "We are proud to be a part of their journey".
"This is another important milestone as Kelowna's technology ecosystem continues to grow and evolve. ProSmart is having a positive impact on the world of sports from the grassroots level to the highest level of elite competition and everything in between. I'm proud that such a company, having a major impact, is not only based in Canada, but in Kelowna where tech startups have all the resources needed to grow and thrive." says Colin Basran, Mayor of Kelowna.
With the transition to the public markets complete and an upgraded board of directors, ProSmart can now focus on the international launch of their new Football (Soccer) platform and the continued expansion of their portfolio of prominent brand, sponsors and advertising partners.