Reel Talk / FishTips Secures $850,000 in Initial Seed Funding to Propel Expansion and Platform Development

Jared Kutil

Jared Kutil

3/12/2024

FishTips Secures $850,000 in Initial Seed Funding to Propel Expansion and Platform Development

Cover image

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 seed capital will be instrumental in fueling the company's growth, and continuing the development of its innovative FishTips.com online marketplace to take guided fishing 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 is a marketplace that connects anglers of all skill levels and fish species interests to online guides with detailed fishing game plans. FishTips’ “Virtual Guides” consist of experienced fishing guides, top professional fishermen, and talented local anglers. These vetted virtual guides create hyper-current, detailed strategies for anglers to catch more and bigger fish on hundreds of fisheries across the United States. These virtual guides go far beyond traditional fishing reports to build sophisticated scouting reports with the present conditions, techniques, baits, patterns, specific location examples, and additional local information insights to help anglers break down their body of water quickly and get on the bite.


Check out our other posts

Passive Income as a Fishing Guide

Passive Income as a Fishing Guide

We are going to Alaska as a family with money we earned this year on FishTips! What will you do with yours!?

Austin Neary

Austin Neary

1 month ago

The FishTips Story

The FishTips Story

Josh Roberts

Josh Roberts

6 months ago

GET 10% OFF