How Much Did Recrd Raise?
Funding & Key Investors

Recrd has successfully secured a major strategic investment, marking a pivotal moment in its trajectory as a burgeoning video-centric social platform. With a total capital accumulation of $4M, the company is positioned to accelerate its market penetration. This latest injection of $4M underscores investor confidence in the firm's unique value proposition, which bridges the gap between high-engagement social interaction and immediate creator monetization.

The financing round reflects a broader trend of institutional interest in decentralized content ecosystems, where the intersection of user-generated video and blockchain-enabled revenue models is becoming increasingly critical for long-term scalability.

What is Recrd?

Recrd
Media & InternetSocial LoginMobile App Development

Recrd operates as a sophisticated video community designed to facilitate direct interaction through video-based responses. By prioritizing a feedback loop that rewards both creators and viewers, the platform effectively disrupts traditional social media paradigms. The company's core architecture allows creators to monetize their output immediately via integrated ad revenue streams, while simultaneously providing advertisers with a low-risk environment to engage with highly targeted audiences. This dual-sided marketplace approach ensures that Recrd remains competitive in an industry dominated by legacy platforms, offering a more transparent and equitable distribution of value within the digital content economy.

How much funding has Recrd raised?

Recrd has raised a total of $4M across 1 funding round:

2024

Angel/Seed

$4M

Angel/Seed (2024): $4M with participation from Dna Holdings, Sui Foundation, and Alphabit

Key Investors in Recrd

Dna Holdings

DNA Fund offers tools designed to support the development of businesses in the Crypto/Web3 space, as well as those backed by private, venture, and public funding.

Sui Foundation

Sui is a Layer 1 blockchain and smart contract platform aiming to enhance digital asset ownership by providing fast, private, secure, and accessible solutions.

Alphabit

Alphabit specializes in investments in blockchain and distributed ledger technology projects, acting as a regulated advisor for digital asset funds.

What's next for Recrd?

With this major enterprise-level funding, Recrd is expected to focus on scaling its technical infrastructure and expanding its user base. The strategic alignment with blockchain-focused investors suggests a roadmap that likely includes deeper integration of decentralized identity and asset ownership features. As the company transitions from its initial development phase to a more aggressive growth stage, the focus will shift toward optimizing ad-tech performance and enhancing the creator dashboard to support a wider array of monetization tools. By leveraging the expertise of its backers, Recrd is well-positioned to navigate the complexities of the evolving Web3 landscape while maintaining its commitment to authentic user engagement and sustainable creator growth.

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Frequently Asked Questions Regarding Recrd Financial Insights

What are the most recent funding rounds that Recrd has completed, and what were the funding rounds?
Recrd has recently completed 1 funding rounds: Angel/Seed on Jul 17, 2024.
What is the total amount of funding Recrd has raised to date?
Recrd has raised a total of $4M in funding to date.
How many funding rounds has Recrd completed?
Recrd has completed 1 funding rounds.
How much funding did Recrd raise in its most recent funding round?
Recrd raised $4M in its most recent funding round.
Who are the lead investors in Recrd's latest funding round?
The lead investor in Recrd's latest funding round was Dna Holdings. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Recrd's history?
The largest funding round in Recrd's history was $4M.
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