Mtec Results
Mtec Results provides professional RFID timing and scoring services for competitive athletic events, including marathons and triathlons. Using MYLAPS hardware and a proprietary results platform, the 6-person firm serves over 100 events annually for race organizers worldwide.
- Company typePrivate
- Founded1998
- HeadquartersSt. Paul, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Mtec Results does
Mtec Results is a privately held sports timing and scoring company headquartered in St. Paul, Minnesota, founded in 1998 as ChampionChip Minnesota and rebranded to Mtec in 2010. The company provides professional timing and scoring services for competitive athletic events — including marathons, triathlons, road races, ski events, bike races, and cross country races — and serves more than 100 national and international events annually. Its marquee clients include the Boston Marathon, Chicago Marathon, Houston Marathon (continuously since 1998), Medtronic Twin Cities Marathon, Grandma's Marathon, and the Reggae Marathon in Negril, Jamaica.
The company's technology stack combines MYLAPS RFID timing hardware (BibTag, ProChip, and ChampionChip) with custom-built proprietary software. Core products include a custom results website (mtecresults.com) featuring live runner tracking, finisher videos, finisher certificates, leaderboards, and automated post-race emails; a mobile application (iOS and Android) with white-label options for race organizers; and organizer-facing tools including Leaderboard Report, Course Report, and Announcer Screens. Participant experience add-ons include the ShoutOut Video Board and a customizable Result Clock. The mobile app uses pace-projection logic based on historical timing data, age, and sex to estimate participant location on the course.
Mtec's business model is event-driven professional services with quote-based pricing, supplemented by recurring platform fees for the results website and licensing revenue from white-labeled mobile applications. The company is a 6-person operation, has no disclosed external investors or funding rounds, and appears to be family-operated with the Magnuson family in key leadership roles (Event Solutions and Software/Program Development). Customer acquisition is driven primarily by industry reputation and long-standing relationships with major race organizers rather than formal marketing channels.
Mtec Results firmographics
Firmographics- Name
- Mtec Results
- Legal name
- Mtec Results
- Website
- https://mtectiming.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mtec Results provides professional RFID timing and scoring services for competitive athletic events, including marathons and triathlons. Using MYLAPS hardware and a proprietary results platform, the 6-person firm serves over 100 events annually for race organizers worldwide.
- Ownership category
- akta.pro rank
Mtec Results industry classification
Industry- Product category
- Sports Event Timing Services
- NAICS
- Spectator Sports (71121), Racetracks (711212)
- SIC
- Services-Racing, Including Track Operation (7948)
- akta.pro primary industry
- Racing Technology & Timing/Tracking Infrastructure (MPAEADAN)
- akta.pro secondary industry
- Mass Participation Race Organizers (Runs, Triathlons, Cycling) (MPAKADAD)
Keywords
Where Mtec Results is headquartered
LocationHeadquarters
- HQ city
- St. Paul
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mtec Results business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Event Timing Services: Onsite timing and scoring services for competitive athletic events including setup of RFID timing equipment, real-time data processing, and race-day operations support.
- Results Platform and Technology: Custom results websites, mobile applications, and data management services for race organizers. Includes live tracking, finisher certificates, finisher videos, and email communications.
- Mobile Application (White-labeled): White-labeled mobile app solutions available for event organizers, providing live results, spectator tracking, and interactive features under the event's own branding.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Mtec Results product offering
Product offeringCore offering
Mtec Results provides RFID-based timing and scoring services for competitive athletic events such as marathons, triathlons, road races, ski races, bike races, and cross country races. The company combines MYLAPS BibTag, ProChip, and ChampionChip timing hardware with its own custom results website, custom hardware, and a white-labeled mobile application to deliver onsite event timing, real-time results, finisher certificates, finisher videos, and live participant tracking to race organizers and participants.
Product overview
Mtec Results offers a unified timing and scoring platform for competitive athletic events. The core offering consists of the Results Website (mtecresults.com), a comprehensive race results platform providing live tracking, finisher videos, finisher certificates, leaderboards, and automated emails; and the Mtec Results Mobile Application (iOS/Android) enabling participants and spectators to track race progress in real-time. Supporting organizer tools include Leaderboard Report, Course Report, and Announcer Screens for real-time race day management. Special experience add-ons include the ShoutOut Video Board and Result Clock for enhanced participant engagement. The platform utilizes MYLAPS BibTag, ProChip, and ChampionChip RFID timing technology.
Differentiator
Problem solved
Functional benefit
Products and services
- Onsite Timing and Scoring Services
Quantifiable outcome
- More than 100 national and international events served annually
- +1 more outcomes
Companies that use Mtec Results
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles1 record
Mtec Results technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Mtec Results partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MYLAPScoreMtec Results utilizes best-in-class MYLAPS timing equipment for their timing and scoring solutions, including options for MYLAPS BibTag, ProChip, and ChampionChip RFID technology. MYLAPS is a leading provider of sports timing technology and their equipment forms the foundation of Mtec's timing hardware infrastructure.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Mtec Results competitors and assessment
Company assessmentDirect peers
- Race Roster: Event registration and race-day technology platform serving endurance events with registration, results, and timing integrations. Comparable end-to-end offering to Mtec's event organizers.
- Lin-Mark Computer Sports: Sports timing and event results company with multi-decade history serving marathons, road races, and triathlons. Closely comparable to Mtec in event mix and customer profile.
- MYLAPS: Mtec's strategic hardware partner and the leading global sports-timing technology vendor (BibTag, ProChip, ChampionChip). Also competes indirectly by selling timing platforms to race organizers and other timing companies.
- B-Tag Timing: Race timing services provider using RFID technology for road races, marathons, and triathlons. Direct competitor offering timing and results to similar race organizers.
- RunSignup: Online registration, results, and event-management platform for endurance races. Overlaps with Mtec in serving race organizers and providing participant-facing results experiences.
- Mobo Timing: Race timing services company using UHF RFID chip technology for road races, marathons, and endurance events. Direct competitor delivering comparable professional timing services.
- ChronoTrack Systems: Provider of RFID chip-based timing systems and race timing services for road races, marathons, and endurance events. Direct competitor in the same sports-timing market using overlapping UHF bib-tag technology.
- ITS Racing (Innovative Timing Systems): Race timing services and UHF RFID chip timing provider for road races, marathons, and endurance events. Comparable in business model and customer base to Mtec Results.
- Atomic Timing: Sports timing and scoring services company for endurance events including marathons and triathlons. Comparable professional services provider in the race-timing niche.
Broad incumbents
- ACTIVE Network: Large-scale event registration and activity platform with timing, results, and marketing tools. A broader incumbent offering overlapping but more general-purpose functionality than Mtec's specialist timing focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Mtec Results social profiles
Digital presenceMtec Results financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mtec Results leadership team
Management profileNumber of profiles
Profiles4 records
Mtec Results funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mtec Results M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mtec Results
What does Mtec Results do?
Mtec Results provides RFID-based timing and scoring services for competitive athletic events such as marathons, triathlons, road races, ski races, bike races, and cross country races. The company combines MYLAPS BibTag, ProChip, and ChampionChip timing hardware with its own custom results website, custom hardware, and a white-labeled mobile application to deliver onsite event timing, real-time results, finisher certificates, finisher videos, and live participant tracking to race organizers and participants.
Is Mtec Results a public or private company?
Mtec Results is a private company. It is classified as family owned and is currently operating.
When was Mtec Results founded?
Mtec Results was founded in 1998. It employs 1 to 10 people.
Where is Mtec Results based?
Mtec Results is headquartered in St. Paul, United States, in the North America region.
How does Mtec Results make money?
Three revenue lines are on record. Event Timing Services are the primary driver. The others are results Platform and Technology and mobile Application (White-labeled).
Who are Mtec Results's main competitors?
Direct peers on record are Race Roster, Lin-Mark Computer Sports, MYLAPS, B-Tag Timing, RunSignup, Mobo Timing, ChronoTrack Systems, ITS Racing (Innovative Timing Systems) and Atomic Timing. ACTIVE Network is listed as a broad incumbent.
Does Mtec Results have an API?
No public API is recorded for Mtec Results.
What industry is Mtec Results in?
Mtec Results's product category is Sports Event Timing Services. Its primary akta.pro industry code is MPAEADAN, Racing Technology & Timing/Tracking Infrastructure, with a secondary code of MPAKADAD, Mass Participation Race Organizers (Runs, Triathlons, Cycling). Its NAICS code is 71121 and its SIC code is 7948.