RALEIGH – Nine investors have invested some $215,000 in Raleigh sports tech startup Gryppers, according to an SEC filing.
And the company, built around an idea scrawled on a cocktail napkin years ago, is looking to raise $800,000 in all.
Gryppers made the filing on Monday.
The firm was created by two former North Carolina State University Wolfpack football players.
It’s mission, according to its webside, is to provide “Superior, Wearable Technology Designed to Strengthen & Support Your Everyday Active Lifestyle.”
A closeup of a Gryppers glove
Jamelle Eugene, a record-setting running back at NC State, and his partner DaJuan Morgan, who spent some time in the NFL, created their startup to make a product halfway between athletic tape and a football glove. A patented model, in addition to tactile sensation, compression, and grip-enhancing features, includes FDA approved thermo-reactive technology to recycle heat and wick moisture.
The company raised $165,000 in 2019 and $150,000 in 2016.
The entrepreneurs landed a $50,000 NC IDEA grant in 2016 and worked their idea out at the NC State N.C. State’s College of Textiles and the Poole Entrepreneurship Clinic.
Grypper’s web site includes testimonials from players in basketball, golf, rugby, football and workouts.
