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§ Private Profile · Austin, TX, USA
mobile app providing live audio commentary for sports events, enabling fans to commentate on their team's games and stream to others.
Originally founded in Dallas in 2019 by Evan Kirkham, Gregory Whilby, Luis Lafer-Sousa, and Peter Reggio, Colorcast is an Austin, Texas-based startup that developed a mobile application providing live audio commentary and fan-driven streaming experiences for sports events. The venture-funded company has raised a total of $6.57 million in capital to support its platform, which enables sports fans to broadcast their own commentary and stream directly to others. This financing includes a $3.5 million seed round, building upon the $5 million the startup had previously raised since its launch prior to a major strategic rebrand. During its early growth phase, the organization also officially filed an SEC Form D in July 2021. Following its initial focus on audio broadcasting, the enterprise eventually transitioned its business model and rebranded as Outlier, a dedicated sports betting platform.
Colorcast has raised $5.0M across 2 funding rounds.
Colorcast has raised $5.0M in total across 2 funding rounds.
Colorcast has raised $5.0M across 2 funding rounds. Most recently, it raised $3.5M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 17, 2022 | $3.5M Seed | Michael Smerklo | Capital Factory, Connetic Ventures, EonCapital, Harvard Business School Angels, Hilltop Venture Partners, John Mcevoy, VoicePunch | Announced |
| Nov 3, 2021 | $1.5M Pre Seed | — | Connetic Ventures, Hilltop Venture Partners, Tribeca Early Stage Partners, VoicePunch | Announced |
Colorcast has raised $5.0M in total across 2 funding rounds.
Colorcast's investors include Michael Smerklo, Capital Factory, Connetic Ventures, eonCapital, Harvard Business School Angels, Hilltop Venture Partners, John McEvoy, VoicePunch, Tribeca Early Stage Partners.