Bluestone Equity Partners led a $40m investment round in Scorability.

Bluestone Equity Partners, a private equity firm, led a $40m investment round in Scorability, a technology company specializing in college athletics recruiting software, with participation from Next Coast Ventures, Silverton Partners, and Luther King Capital Management. The new capital will accelerate product innovation, expansion into additional sports, and continued growth of the Scorability team. The company is also pursuing strategic acquisitions to further entrench its leadership in the recruiting space.