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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.
Colorcast has raised $5.0M across 2 funding rounds.
Colorcast has raised $5.0M in total across 2 funding rounds.
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. 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.