Sports-tech startup StepOut raises $1.5 Mn led by Rainmatter

Sports-tech startup StepOut raises $1.5 Mn led by Rainmatter


Bengaluru-based sports-tech startup StepOut has raised $1.5 million in a Pre-Series A funding round led by Rainmatter by Zerodha. 

The round also saw participation from SucSEED Innovation Fund and Misfits Capital. Rainmatter had earlier led the company’s seed round in late 2024.

The proceeds will be used to expand international operations, deepen investments in AI and computer vision, and scale product capabilities. StepOut also plans to expand beyond football into amateur sports and other disciplines over time.

Founded by Jeet Karmakar and Sayak Ghosh, StepOut is an AI-powered football performance and intelligence platform focused on player development, match analysis, and scouting. The platform is used across youth, semi-professional, and professional football.

Since its last funding round, StepOut claims to have analysed over 25,000 matches, tracked over 150,000 players, and reported 3x year-on-year revenue growth with a 90% customer renewal rate. The startup currently serves 120 clubs, academies, and federations across 23 countries.

StepOut’s platform offers tools such as AI-driven match analysis, automated highlights, performance dashboards, live match analytics, and advanced football metrics including xG, xA, PPDA, and player impact scores. It has been deployed across tournaments like the Dream Sports Championship and elite domestic competitions.

The startup works with clubs and federations including AFC Ajax, Rayo Vallecano, Bengaluru FC, Hong Kong FC, and the All India Football Federation, and is running pilots with global clubs such as Real Madrid, Chelsea, Fulham, and Espanyol.



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