The Triangle has a rich and deep history in SportsTech and the newest company in the category is Cookie. Cookie focuses on youth sports leagues with solutions for event managers, clubs, coaches, parents and players. Their anchor functionality is around event ticketing and payments and they are branching out from there to digitize and modernize the other parts of the youth sports experience.
The Triangle Tweener Fund strategy is to build an index – smaller investments in a relatively large number of companies. At the current fund size this translates to 10-15 investments a quarter, or 40-60 a year. If you’ve been involved with traditional venture funds (picking winners) this pace seems impossible. Trust us, it’s not easy, but it’s definitely possible and the opportunity is there.
