AN IRISH SPORTS science company has announced that it is to create 24 new jobs after it successfully raised €475,000 in a combination of private investment and matched funding from the Department of Jobs, Enterprise and Innovation through Enterprise Ireland’s iHPSU fund.
The jobs will be created over the next three years, as Kitman Labs expands their operations into the UK market.
The company specialises in delivering athlete management solutions to elite sports organisations, with a focus on highlighting and predicting injury risk in professional athletes.
Through the creation of Injury Profiler, Kitman Labs have developed a system which highlights, manages and reduces the occurrence of injuries in professional sport.
Funded initially through Enterprise Ireland’s Competitive Startup Funding, Kitman Labs’ current round of funding includes notable private investors such as Irish Rugby captain Jamie Heaslip, two time Heineken Cup winner Kevin McLaughlin, along with Barry Maloney, founding partner at Balderton Capital, a leading venture investor.
Kitman Labs was founded in November 2012 by Iarfhlaith Kelly, Stephen Smith, and Jason Cowman.
It is based in the Media Cube, which is located on Dun Laoghaire Institute of Art, Design and Technology’s (IADT) Kill Avenue campus.
Welcoming the announcement, Minister for Jobs, Enterprise and Innovation Richard Bruton TD said:
“Today’s announcement that Kitman Labs is to create 24 new jobs over the next three years, as the company expands their operations into the UK market, is very welcome. Here is an Irish company which, with the support of my Department and Enterprise Ireland in particular, is developing innovative products, pursuing new markets, and creating new jobs. I commend all involved on their efforts and wish them every success for the future”.
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