Fancred Raises $1.5M in Seed Funding

Fancred, a Boston, MA-based sports social network, raised $1.5m in seed funding.

Backers included Atlas Ventures, Militello Capital, Star Power Partners, and some unnamed angel investors.

The company intends to use the funds for user base growth, product development and partnership set up.

Led by Chief Executive Officer Hossein Kash Razzaghi, Fancred is a social mobile app (launched in March for iPhone) that provides a personalized way for sports fans to communicate and consume their favorite sports content.
The platform allows users to comment, share photos and links about their favorite sports events, players and teams they support.
It is a TechStars startup.

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