SportsHero

SportsHero
Private
Industry Prediction game, Fantasy sport
Founded 2016
Headquarters Singapore
Key people
 Dinesh Bhatia (Founder, CEO)
Website sportshero.mobi

SportsHero is a real-time fantasy sports app and social prediction platform.[1][2] Within the app, users make predictions on match, game, competition results. These users are ranked based on information provided by other fans and experts in the community, as well as real-time news and statistics.[3]

Football (soccer) and baseball are currently available on the app, with plans to introduce tennis, basketball and cricket.[4] SportsHero is available as a mobile download for both iOS and Android devices.[5]

It uses virtual currency through SportsHero Points and Golden Tickets[6][7].

Background

SportsHero was launched by MyHero Pte Ltd, a Singapore-based mobile app developer, in May 2016.[8][9][10] The app replaces FootballHero, which had a user base of over 250,000. Existing users prior to the launch of SportsHero were migrated over to the app.[11][12]

SportsHero is based on the same model as TradeHero, a social investment network founded by Dinesh Bhatia in 2013. It is a currency trading simulation app that allows stock-watchers spend and earn virtual credits buying and selling stocks on exchanges around the world. In an interview with Straits Times, SportsHero’s founder and CEO Dinesh Bhatia said, “A patent has been granted in the United States for the paid broadcasts of users in a subscription-based information ecosystem like SportsHero.”[13][14]

In May 2016, SportsHero received US$2.4 million in funding, led by Australia-based Nevada Iron Ltd.[15][16][17] The latter company signed a Heads of Agreement with Sportz Hero Pty Ltd to acquire SportsHero.[18]

Screenshots of SportsHero app; featuring gameplay and online competitions

Partnerships and agreements

On June 6, 2016, SportsHero announced a partnership with YuuZoo Corp, a Singapore-based social e-commerce network.[19][20][21] The partnership will allow YuuZoo users to access SportsHero’s social prediction platform.[22][23]

Patents

“Method, System And Computer Program To Broker The Monetized Broadcasts Of Users Through A Subscription Based Information Ecosystem” U.S. Patent 20150356559. Filed November 4, 2013, published December 10, 2015 (Dinesh Bhatia, Dominic Morris)[24][25]

References

  1. ↑ Bryant, Sean (2016-05-31). "Fantasy Sports App SportsHero Raises $2.4 Million | Investopedia". Retrieved 2016-08-02.
  2. ↑ "SportsHero secures $2.4m investment, to list on ASX in RTO deal - DealStreetAsia". DealStreetAsia. Retrieved 2016-08-02.
  3. ↑ "Fantasy sports app SportsHero scores US$2.4 mil funding on launch". 2016-05-25. Retrieved 2016-08-02.
  4. ↑ "SportsHero raises $2.4 mln". PE HUB. 2016-05-25. Retrieved 2016-08-02.
  5. ↑ "MIS-Asia - Asia's real-time sports app SportsHero launches". www.mis-asia.com. Retrieved 2016-08-02.
  6. ↑ "There is a hero in all of us: Fantasy sports app SportsHero launches with a US$2.4M funding". Retrieved 2016-08-02.
  7. ↑ "SportsHero launches with US$2.4mil funding, aims for ASX listing via RTO". 2016-05-25. Retrieved 2016-08-02.
  8. ↑ Lomas, Natasha. "Singapore App Maker MyHero Raises $10M Series A For Its Stock Market Trading Gamification App, TradeHero". TechCrunch. Retrieved 2016-08-02.
  9. ↑ Russell, Jon. "New fantasy sports app SportsHero raises $2.4M ahead of planned Australia IPO". TechCrunch. Retrieved 2016-08-02.
  10. ↑ "Fantasy Sports App SportsHero Raises $2.4 Million". www.msn.com. Retrieved 2016-08-02.
  11. ↑ "Nevada Iron Ltd jettisons resources for fantasy sports - Proactiveinvestors (AU)". www.proactiveinvestors.com.au. Retrieved 2016-08-02.
  12. ↑ "SportsHero Is Betting On Southeast Asia's Mobile Gaming Market - Inc". 2016-07-15. Retrieved 2016-08-02.
  13. ↑ hermes (2016-06-08). "Start Singapore: Financial research firm raises $6.4m to expand". Retrieved 2016-08-16.
  14. ↑ Bhatia, Dinesh; Morris, Dominic (2014-06-26), Method, System and Computer Program to Broker the Monetized Broadcasts of Users Through a Subscription Based Information Ecosystem, retrieved 2016-08-16
  15. ↑ hermes (2016-06-08). "Start Singapore: Financial research firm raises $6.4m to expand". Retrieved 2016-08-02.
  16. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2016-08-02.
  17. ↑ "There is a hero in all of us: Fantasy sports app SportsHero launches with a US$2.4M funding". Retrieved 2016-08-02.
  18. ↑ "Sports app seeks listing, Queste out". 2016-05-20. Retrieved 2016-08-02.
  19. ↑ hermes (2016-06-06). "Sports app and social network join forces". Retrieved 2016-08-02.
  20. ↑ Cheok, Jacquelyn. "YuuZoo signs deal to run SME e-commerce platform in Nigeria". Retrieved 2016-08-02.
  21. ↑ "Yuuzoo, SportsHero forge app deal for fantasy sports | The Manila Times Online". www.manilatimes.net. Retrieved 2016-08-02.
  22. ↑ "SportsHero, YuuZoo kick off partnership". Retrieved 2016-08-02.
  23. ↑ "YuuZoo partners with Singapore's SportsHero to bring fantasy sports to 118 million users worldwide - Startup Daily". Startup Daily. 2016-06-08. Retrieved 2016-08-02.
  24. ↑ BHATIA, Dinesh; MORRIS, Dominic (Jun 26, 2014), Method, system and computer program to broker the monetized broadcasts of users through a subscription based information ecosystem, retrieved 2016-08-16
  25. ↑ Bhatia, Dinesh; Morris, Dominic (2014-06-26), Method, System and Computer Program to Broker the Monetized Broadcasts of Users Through a Subscription Based Information Ecosystem, retrieved 2016-08-16
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