for 8.98% equity
Globally, we estimate 380,000 - 480,000 small-to-medium (50 - 5,000 racers) distance-based, sporting events annually. These are made up of running, cycling, swimming and multi-sport events. Continued growth of this market is reflected locally in the 240% increase in cycling events and 63% increase in triathlons participation in the 5 years ending in 2014.
Unlike the large event market (6,000 - 50,000 racers), where there are complex tools to suit their needs, we found that services for the smaller event market are far more limited. In a ‘make-do’ approach, the majority cobble together a mix of tools for setup, marketing, comms and event management. The outcome is often high cost, time consuming and low quality.
Race Space is one of the first end-to-end event management tools designed specifically for the needs of this underserved event market. We include the tools, features and processes specific to organiser needs throughout the event lifecycle, delivered in a single intuitive, beautiful platform.