About BuzzCast
BuzzCast is a company based in Los Angeles (United States) founded in 2020 by Luke Peterson and Matthias Thoemmes.. BuzzCast has raised $5.41 million across 2 funding rounds from investors including Ayre Group. BuzzCast operates in a competitive market with competitors including Paltalk, HyperConnect, OmeTV, Holla and ChatSpin, among others.
- Headquarter Los Angeles, United States
- Founders Luke Peterson, Matthias Thoemmes
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.41 M (USD)
in 2 rounds
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Latest Funding Round
$1.06 M (USD), Seed
Mar 11, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of BuzzCast
BuzzCast has successfully raised a total of $5.41M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.06 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
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First Round
First Round
(16 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - BuzzCast | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - BuzzCast | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in BuzzCast
BuzzCast has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ayre Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Ayre Group is engaged in venture capital and real estate development.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BuzzCast
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BuzzCast
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buzzcast Comparisons
Competitors of BuzzCast
BuzzCast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paltalk, HyperConnect, OmeTV, Holla and ChatSpin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Group video chat platforms are offered across multiple devices.
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| domain | founded_year | HQ Location |
Cloud-based platforms for mobile communication and social entertainment are offered.
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| domain | founded_year | HQ Location |
Free random video chat platform connecting users worldwide via webcam instantly.
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| domain | founded_year | HQ Location |
Mobile video chats with strangers are matched and facilitated.
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| domain | founded_year | HQ Location |
Offers a mobile application for seamless video chatting and social connections.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Buzzcast
Frequently Asked Questions about BuzzCast
When was BuzzCast founded?
BuzzCast was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is BuzzCast located?
BuzzCast is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is BuzzCast a funded company?
BuzzCast is a funded company, having raised a total of $5.41M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.35M, raised on Sep 16, 2021.
What does BuzzCast do?
BuzzCast was founded in 2020 in Los Angeles, United States. A social community platform is operated to enable connections among peers through one-to-one chats. Live streaming, video chats, and a rewards system are included as core features. The service focuses on young users seeking to build relationships, meet friends, and explore dating options within a digital environment.
Who are the top competitors of BuzzCast?
BuzzCast's top competitors include HyperConnect, Paltalk and Holla.
Who are BuzzCast's investors?
BuzzCast has 1 investor. Key investors include Ayre Group.
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