Funding · AI & Deep Tech

StepOut raises $1.5M for global expansion

By Startup Enthusiast · 21 January 2026

What they do

StepOut builds AI tools that turn simple match videos into professional sports intelligence dashboards

The company raised $1.5 million led by Rainmatter to expand internationally and scale its technology

It serves 120 clubs across 23 countries with a 90% renewal rate and tripled revenue this year

StepOut has raised $1.5 million in a Pre-Series A funding round.
Rainmatter by Zerodha led the investment alongside SucSEED Innovation Fund and Misfits Capital.
This follows a prior seed round also led by Rainmatter in late 2024.
The startup plans to use the funds for international expansion and product scaling.
Funds will support R&D in AI and computer vision technologies.
The company aims to expand its AI layer beyond football to other amateur sports.
StepOut reported tripling its revenue year-on-year during this period.
The business maintains a strong 90% client renewal rate.

The funding validates StepOut's growth in the global sports technology market.
Rainmatter's participation signals continued confidence in the company's trajectory.
Expansion plans indicate a shift from domestic focus to international markets.
The high renewal rate suggests strong product-market fit among clients.

StepOut provides an AI-powered football performance and intelligence platform.
It converts simple match videos into professional-grade analysis dashboards.
The tool saves coaches up to 80% of manual analysis time.
Metrics include xG, xA, PPDA, and Player Impact Scores.
The platform gamifies youth development using digital badges and leaderboards.
Features include AI match analysis, automated highlights, and live analytics.
Clients include AFC Ajax, Rayo Vallecano, and Bengaluru FC.
The company serves 120 clubs and federations across 23 countries.
Pilots are underway with Real Madrid, Chelsea, and Fulham.

Product: AI-powered football performance and intelligence platform for player development, match analysis and scouting
Customers: Football clubs, academies, federations and professional teams
How it makes money: B2B SaaS for sports performance analytics and workflow automation
What sets it apart: Automates manual video-based analysis with AI and computer vision, claiming high data accuracy and time savings
Operations: Used across youth, semi-professional and professional football, with expansion planned into other sports