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 funding amount reaching $4M, the company is well-positioned to accelerate its development roadmap. This recent funding amount of $4M underscores the confidence institutional backers have in the firm's unique approach to content engagement and creator monetization within the digital ecosystem.

The capital injection serves as a catalyst for scaling operations, allowing Recrd to refine its proprietary technology stack and expand its user base. By prioritizing immediate monetization for creators and risk-mitigated advertising opportunities, the company is carving out a distinct niche in the competitive landscape of social media and digital content distribution.

What is Recrd?

Recrd
Media & InternetSocial LoginMobile App Development

Recrd operates as a dynamic video community that fundamentally shifts the paradigm of user interaction by facilitating engagement through video responses. Unlike traditional social platforms that rely on text-based commentary, Recrd fosters a more immersive and authentic environment. The platform is engineered to empower creators by enabling immediate monetization through ad revenue sharing, while simultaneously providing advertisers with a low-risk environment to connect directly with highly engaged audiences. By integrating blockchain-adjacent principles, Recrd is positioning itself at the intersection of the creator economy and decentralized digital infrastructure, aiming to solve the transparency and efficiency issues that currently plague legacy media platforms.

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 Sui Foundation, Dna Holdings, and Alphabit

Key Investors in Recrd

Sui Foundation

Sui is a Layer 1 blockchain and smart contract platform focused on enhancing digital asset ownership through scalable, high-performance infrastructure.

Dna Holdings

DNA Fund provides essential resources and strategic guidance to startups and enterprises operating within the Web3 and digital finance sectors.

Alphabit

Alphabit is a regulated digital asset investment firm that provides advisory services and capital to projects advancing blockchain and distributed ledger technology.

What's next for Recrd?

Looking ahead, the strategic deployment of this capital will likely focus on enhancing the platform's technical infrastructure to support higher throughput and more complex video interactions. As the company transitions from its initial development phase into a broader market expansion, the focus will shift toward user acquisition and the refinement of its ad-tech stack. The involvement of specialized blockchain and Web3 investors suggests that Recrd may further integrate decentralized asset ownership or tokenized incentives to deepen creator loyalty. By leveraging its recent financing, Recrd is poised to challenge established social media incumbents by offering a more equitable and interactive value proposition for both content producers and brand partners.

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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 Sui Foundation. 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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