Players Health, a Minneapolis-based company that created a platform that tracks injuries in young athletes, closed a $28 million funding round from venture capitalists.
The money will be used for hiring and app development, the company said in a press release.
Founded in 2016, the company has so far raised over $35 million in venture capital.
Organizations that use Players Health include US Youth Soccer, NFL Flag Football, and i9 Sports.
In addition to tracking injuries and diagnosis so players don’t return until it’s safe to do so, the risk management platform created by founder and former professional football player Tyrre Burks allows athletes document abuse and other incidents of misconduct. It is designed to help sports organizations manage compliance and insurance.
Some of the insurance products that can be managed on the platform include general liability, accident and health and professional liability and property insurance.
The recent funding round was led by San Francisco-based Mastry Ventures and Bermuda-listed insurance company SiriusPoint, according to the statement. Existing investors RPM Ventures, EOS Venture Partners and Will Ventures also participated in the round.
“These investments further our mission to create a safe haven in at least one corner of a child’s world,” Burks said in a statement. “By expanding our partnerships, we are expanding the roster of mentors and the safety net of accountability for the growing number of young athletes.”