ClubSpot raises €750K seed to double in size and chase €3M in revenue

What's the deal? ClubSpotDealroom has a profile for this one. Try Dealroom →, an Irish sports technology company, has raised €750,000 ($812,000) in a seed round backed by high-profile angel investors. Founder John HylandDealroom has a profile for this one. Try Dealroom → says the company is targeting €3 million in revenue over the next 12 months.

Why now? Hyland says the business is ready to expand internationally. The fresh capital will help ClubSpot double in size as it pursues that growth.

What's the endgame? ClubSpot serves sports clubs — a world Hyland knows well. His father ran a pitch construction and maintenance business in Cavan, and Hyland was helping out from the age of 10. "I was always around sports clubs," he said.

The signal: At €750,000, the round sits at the smaller end of the funding spectrum. But paired with a €3 million revenue target, it points to a lean, revenue-focused approach — one that leans on angel backing rather than institutional capital to fund international expansion.

Read more: The Currency