Today, the State Space gathered a round of funding for a series of 15 million dollars, led by Hosla, and the partner Samir Kaul joined the board. Existing investors, such as FirstMark Capital, Lux and Expa, as well as a newly arrived June fund, also took part in the round.
Statespace launched in 2017 with a product called Aim Lab, which recreates the physics of popular FPS games to help players practice their goal and work on their weaknesses. Statespace was founded by neuroscientists at New York University and goes beyond the mechanics of the goal itself to understand and measure several parts of a player’s game, from visual acuity through screen quadrants to reaction time.
Anyone from the average gamer to a professional can use Aim Lab to improve. But the company has other proposals. The company is working on the Academy, which will launch in the third quarter of this year and was built in partnership with MasterClass and a number of top servers. Users can get advanced tutorials from these streamers, which include KingGeorge (Rainbox Six Siege), SypherPK (Fortnite), Valkia (Overwatch), Drift0r (CoD) and Launders (CS: GO).
The state space is also partnering with the Professional Hall of Fame Pro to develop a “Cognitive Combination”
The company also works directly with export teams such as 100 Thieves and Philadelphia Fusion, building dashboards and custom data products so that these teams can look more closely at their performance and create regimes around their weaknesses.
The state space is also sprinting to make its products more accessible to a wider user base, including the launch of a mobile version of the Aim Lab and the introduction of the Aim Lab in the Xbox, with plans to launch PlayStation support soon. The company also plans to launch support for 400 games next month.
Interestingly, the technology behind Statepace, which allows the company to measure much more than the homicide: death ratio and a look at cognition, can be used for many other applications. The company has applied for a grant with several universities to work on a commercial application for stroke rehabilitation.
The state will use the funding to continue to grow the team, which has doubled since the $ 2.5 million increase in August 2019. The company has also attracted several notable hires from larger companies, including new vice president of engineering Scott Raymond (formerly of Gowalla, Facebook) and Airbnb), Jenna Hannon as vice president of marketing (formerly Uber, Uber Eats) and Phil Charm as VP of growth (formerly of Checkr, Gainsight).
According to founder and CEO Wayne Mackie, Statespace has 2 million registered users and 500,000 active users per month, up 400% from January.