Jared Kutil
3/12/2024
Atlanta, GA. March 7, 2024 — FishTips, a sportfishing technology startup based in Atlanta, proudly announces the successful completion of its initial $850,000 fundraising round. This pre-seed capital will be instrumental in fueling the company's growth, and continuing the development of its innovative FishTips.com fishing knowledge platform to take guided fishing and fishing education into the digital age.
The funding round was led by Mark Sedgley and closed early with participation from multiple seed investors including Ashish Mistry with BLH Venture Partners and Grier Allen, Co-Founder and prior CEO of Boomtown out of Charleston, SC. This strong investor enthusiasm demonstrates broad confidence in FishTips' vision and in the company’s ability to impact the fishing information and guiding landscape.
FishTips is committed to giving everyone access to local, up-to-date sportfishing expertise directly from experienced guides, professional fishermen, and top local experts. The company's platform is designed to showcase sophisticated scouting reports that help anglers make the best use of their time on the water. With the infusion of this new capital, FishTips aims to accelerate its go-to-market efforts, enhance user experience, and continue the innovation that has positioned the company as a trailblazer in sportfishing information and education.
"We are thrilled to have such strong investor support, which will play a pivotal role in realizing our vision for this company," said Calvin Lott, Co-founder and CEO of FishTips. "This funding will also enable us to build on the early enthusiasm we’ve already seen for the marketplace and deliver even greater value to participants."
FishTips plans to allocate the funds towards key areas such as marketing and sales expansion, technology development, and talent acquisition. The company aims to strengthen its market presence and solidify its position as the go-to solution for recreational sport fishing enthusiasts who seek high-quality fishing information and education.
"We believe in the transformative power of FishTips and their ability to bring about positive change in the recreational fishing space," said Mark Sedgley. "Their early product traction and the sheer quality of their team is impressive, and we are excited to be part of their journey as they continue to broaden access to sportfishing expertise."
With this successful funding round, FishTips is well-positioned to execute its growth strategy and unlock new opportunities in the dynamic global fishing landscape. The company expresses gratitude to its investors, partners, virtual guides, and the entire FishTips community for their enthusiastic support.
About FishTips:
FishTips, a first-of-its-kind online fishing instruction platform, provides the highest level of fishing expertise for everyone. From where to go, what to throw, to how to find fish fast, anglers of all skill levels and pursuits can connect directly with the experts and the instructional "tips" content posted by the experts on FishTips to prepare for their next fishing adventure or fun trip with friends and family. 400+ experts serve as ‘digital guides’ and are vetted and verified by the FishTips team. Digital guides consist of experienced fishing guides, top professional anglers, and talented local experts with a background in providing helpful fishing instruction.
FishTips' digital guides create hyper-current, hyper-local, detailed game plans and fishing reports for anglers to stay informed on what the fish are doing, learn a more productive approach, and ultimately, catch more and bigger fish. Specific GPS locations are often included and important as examples of what types fishing spots to look for and expand on. However, the digital guides go way beyond coordinates to build sophisticated, next generation fishing reports and game plans with the most productive strategies, present conditions, techniques, baits, patterns, and additional local information to help anglers break down their body of water quickly and get on the bite. It can be challenging for anglers to apply new fishing approaches and techniques; many anglers message directly with the digital guides for an extra layer of customer service and clarity. FishTips digital guides are happy to help and truly want to see more anglers have success on the water.
Connect with a digital guide and apply their expert knowledge before your next fishing trip so that you can go out there yourself or with friends and family for memorable days on the water. If you don't see the exact body of water or tip you are looking for, submit a "Request a Tip" to notify the digital guides that fish the same body of water of what you are looking for to prepare for your next trip.
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