Sep 30, 2013

Posted on September 26, 2013 by Dennis Haku Sports, a Miami startup developing an app that facilitates the organization of endurance events, has raised $275K in seed funding. Investment details were not disclosed. The funds from the raise will be used to engage additional developers to add new features that leverage social media and to launch a nationwide marketing campaign. Haku Sports, founded in 2013 by brothers Carlos and Jose Escobar, allows race organizers to sign up participants, continuously engage them through social media, and boost registrations through marketing campaigns and tracking tools. “Haku has tapped into a niche that is desperate for innovation and shows remarkable revenue potential,” explained Kubs Lalchandani, Partner at Lalchandani Simon and counsel to Haku Sports. “We are excited to move forward with fantastic group of investor partners,” explained Carlos Escobar, CEO and President at Haku. “We are building a technology platform that will revolutionize the way athletic races are organized and we are eager to launch the next phase.”  Haku Sports is headquartered at the Miami Entrepreneurship Center (MEC 261) in Miami.