About The Recount
The Recount is a company based in New York (United States) founded in 2019 was acquired by The News Movement in January 2023.. The Recount has raised $31 million across 2 funding rounds from investors including Axios, Paramount and The News Movement. The Recount offers products and services including Newsletters, Podcasts, and Videos. The Recount operates in a competitive market with competitors including Haystack TV, Watchup, Pear Video, Blip and Local Play, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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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
$31 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series B
May 04, 2021
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Investors
Axios
& 6 more
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Employee Count
Employee Count
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Acquired by
The News Movement
(Jan 30, 2023)
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Products & Services of The Recount
The Recount offers a comprehensive portfolio of products and services, including Newsletters, Podcasts, and Videos. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers updates on politics and business topics.
Features discussions on political and cultural issues.
Offers news clips on technology and events.
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Funding Insights of The Recount
The Recount has successfully raised a total of $31M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in May 2021. 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 Series B — $18.0M
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First Round
First Round
(09 Mar 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series B - The Recount | Valuation | Axios , Foundry |
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| Mar, 2020 | Amount | Series A - The Recount | Valuation | Union Square Ventures |
| 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 |
Investors in The Recount
The Recount has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Axios, Paramount and The News Movement. 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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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm supporting AI founders through investments and community.
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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 The Recount
| 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 - The Recount
| 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 |
The Recount Comparisons
Competitors of The Recount
The Recount 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 Haystack TV, Watchup, Pear Video, Blip and Local Play, 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 |
Personalized video news is aggregated across phones, tablets, and TVs.
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| domain | founded_year | HQ Location |
Personalized video newsreels are built from trusted media sources.
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| domain | founded_year | HQ Location |
Short news and entertainment videos are streamed via mobile platforms.
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| domain | founded_year | HQ Location |
Onine video sharing service
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| domain | founded_year | HQ Location |
Online news platform with video content
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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 The Recount
Frequently Asked Questions about The Recount
When was The Recount founded?
The Recount was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is The Recount located?
The Recount is headquartered in New York, United States. It is registered at New York, New York, United States.
Is The Recount a funded company?
The Recount is a funded company, having raised a total of $31M across 2 funding rounds to date. The company's 1st funding round was a Series A of $13M, raised on Mar 09, 2020.
What does The Recount do?
The Recount was founded in 2019 in New York, United States, as an app-based platform in the political news sector. Video content on global events, including elections, protests, and spotlight stories, is delivered via a mobile app available for Android devices. Operations focus on worldwide political coverage, with monetization achieved through display advertisements.
Who are the top competitors of The Recount?
The Recount's top competitors include Haystack TV, Watchup and Pear Video.
What products or services does The Recount offer?
The Recount offers Newsletters, Podcasts, and Videos.
Who are The Recount's investors?
The Recount has 7 investors. Key investors include Axios, Paramount, The News Movement, Foundry, and Union Square Ventures.
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