Allstar, a NYC-based consumer technology startup focused on gaming content, raised $3.85m in seed funding.
The round was led by New York Angels with participation from Studio.vc, J-Ventures and Emerging Ventures, as well as angel groups Harvard Business School Alumni Angels of Greater New York, Miami Angels, Gaingels, and Sand Hill Angels, and several individual investors whose professional experience span across companies like Twitch, Riot Games, and Zynga.
The company intends to use the funds to enhance its current product offering, integrate new titles onto its platform and expand its hiring and partnerships efforts.
Founded in August 2019 by former pro-gamer and Chief Executive Officer Nick Cuomo and Chief Technology Officer Gavin Silver, Allstar enables everyday gamers to capture and share high-quality snackable highlights with a growing network of supportive users.
The company’s proprietary cloud technology integrates with platforms like Discord. Allstar recently announced a partnership with TikTok, allowing users of the platform to sign directly into Allstar via their TikTok credentials.
Simultaneously with the raise, the company is adding Cindy Cook, former chief strategy and marketing officer at Vivendi Games, to its board of directors.
FinSMEs
17/05/2021