![]() ![]() Just two days after releasing 3.0, Colorcast's community is already weighing in on the Hot Take prompts alongside celebrities and athletes like LaVar Ball, Myles Gaskin, Doug E. Sunday's release of "Colorcast 3.0" includes a feature titled "Hot Takes," a first-of-its-kind audio exchange where users can create, share, and vote on short-form sports takes, in the form of 30-second to 3-minute sound-bites, on topics like: "Is LeBron James the GOAT?" "Who will win the NBA MVP?" "Should the College Football Playoffs be expanded?" and more.Ĭolorcast Co-Founder and CTO, Luis Lafer-Sousa explained that Hot Takes were "built in direct response to community excitement to extend sports conversations outside live events." He noted that " users wanted three things: (1) to consume audio content, not just during the game, but before and after the game, (2) to share controversial sports opinions, and (3) to join in on the social sports experience with limited preparation." 07, 2021 (GLOBE NEWSWIRE) - Colorcast, the Texas-based media tech company, has released a new version of its social sports talk app, hot off a $1.5M round of financing. This content was issued through the press release distribution service at Image for Colorcast Featured Image for ColorcastĪUSTIN, Texas, Dec. ![]() To learn more about Colorcast, visit Colorca.st, follow Colorcast on social media ( or simply download the app from the Apple App Store.įor media inquiries, please contact Images I have every reason to believe they will be able to address problems in the sports betting industry like widespread confusion around betting terminology, uninformed decision making, and bettors' inability to articulate or improve on their strategy, in the same way that the team solved for the lack of engagement resulting from genericized network broadcasting." The speed at which the Colorcast team iterates is seriously impressive. Tribeca ESP's Managing Partner, John McEvoy seconded Smerklo's sentiments: "We are doubling down on our bet. We're excited to partner with the Colorcast team given their track record of executional excellence and maniacal focus on fan engagement." Next Coast Ventures' Managing Director, Mike Smerklo, stated that he believes that because of "their proprietary technology and ease of use, Colorcast is changing the way we interact with live TV, and, by extension, other sports fans. Sports betting is the next frontier of fan engagement and there are some serious accessibility problems that we believe our team is uniquely positioned to solve." "We've made sports more accessible and engaging for tens of thousands of sports fans with our social sports talk product. "Colorcast has always been about fan engagement," stated Co-Founder and CEO, Evan Kirkham. Now, with the NFL season quickly approaching, Colorcast is planning a bold move into the sports betting space with the support of major sportsbooks, 20+ years of in-house sports betting experience, and a world-class community of users. ![]() 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. Colorcast provides "casters" and listeners with stats, scores, betting odds, and other real-time information about the game. At the same time, Colorcast has inked affiliate partnership deals with major sports books including BetMGM, Caesars, PointsBet, and others, whereby Colorcast's users will be able to place bets on their sports book of choice without ever leaving the app.Ĭolorcast is a Social Sports Talk App that allows anyone, anywhere, with no equipment, to commentate on live sports, before, during, and after the game. AUSTIN, Texas, J(GLOBE NEWSWIRE) - Colorcast has closed a seed round of $3.5M from Austin-based Next Coast Ventures, New York-based Tribeca Early Stage Partners, Dallas-based Capital Factory, Los Angeles-based VoicePunch, Denver-based Hilltop Ventures Partners and eon Capital Venture Fund, San Francisco-based Connetic Ventures, and Chicago-based Harvard Business School Angels, among others. ![]()
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