Colorcast Raises $3.5M in Seed Funding
- Colorcast, an Austin, TX-based provider of a social sports talk app, raised $3.5M in Seed funding
- The company intends to use the funds to expand operations and its business reach
- The company is a Social Sports Talk App that allows anyone, anywhere, with no equipment, to commentate on live sports, before, during, and after the game
- It provides “casters” and listeners with stats, scores, betting odds, and other real-time information about the game
- Casters and listeners interact with each other via text chat or via the “Hot Seat,” where listeners are brought onto the microphone and given a chance to ask questions or share their own hot sports takes
