What is Recast?
Founded in 2018, Recast operates a video platform designed to empower rights holders by enabling direct fan engagement. The platform supports a wide spectrum of content, from short-form clips to live games, offering fans a unique pay-per-view model using in-app credits, thereby eliminating the need for monthly subscriptions. This innovative approach to sports content consumption positions Recast as a key player in the digital media landscape.
How much funding has Recast raised?
Recast has raised a total of $8.2M across 1 funding round:
Series A
$8.2M
Series A (2021): $8.2M with participation from Simon Bax, Visor International, Chris Gayle, and Riva Technology and Entertainment
Key Investors in Recast
Simon Bax
Simon Bax is an individual investor participating in Recast's funding round. Further details on their investment focus are not publicly available.
Visor International
Visor International is an entity involved in Recast's latest funding initiative. Their specific investment thesis or sector specialization is not detailed.
Chris Gayle
Chris Gayle, a notable figure, has participated in Recast's funding round. Their investment strategy or background in this sector is not specified.
What's next for Recast?
The substantial enterprise-level funding indicates Recast is poised for significant scaling and market expansion. This strategic investment will likely fuel further development of its platform, enhance its content acquisition efforts, and broaden its reach to a global audience. The company's focus on a direct-to-fan model, free from subscription barriers, suggests a strategy aimed at capturing a large user base and establishing a dominant position in the evolving video streaming industry.
See full Recast company page
