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BuzzCast Is Betting Big on NFTs For Events
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Nov 29, 2021
Virtual platform BuzzCast was founded in M | Virtual platform BuzzCast recently completed a $4.3 million seed funding rou...
Problem
A large gap in the Enterprise Sector of the market
Current 'self-service' virtual events platforms are very limited in the options they offer, and are not built for professional use. Enterprise brands—and the top-tier production teams that support them—need more robust, flexible, and professional-grade toolsets to manage their premium events.
Enterprise customers need:
- Broadcast-quality streaming, not pixelated content.
- Ability to scale from 100 attendees to over 100,000, while supporting multi-day and multi-track content formats.
- Enterprise-class security to safely maintain innovative ideas and user data.
- Fully customizable experience that allows audiences to seamlessly engage with their brand.
Solution
We built the industry's premium platform
We've already built the industry's premium platform and put it to the test with some of the top brands in the world including Uber, The United Nations, Anthem, Shiseido and many more.
BuzzCast was built by producers for producers and engineered with Enterprise Businesses in mind. We prioritized stability and scale by building our product from the ground up on AWS Serverless technology. By doing so, BuzzCast is able to deliver broadcast-quality streaming with customization capabilities, to support demanding brands and millions of viewers anywhere in the world.
Our platform was also architected as a single-tenant system, enabling us to deliver a world-class degree of security.
But don't take our word for it...
Product
BuzzCast features
Our intuitive CMS (Content Management System) makes it easy to brand your event, select features, and manage content all in one interface. Utilize our built-in registration, or simply connect leading ticketing platforms.
Rightsize your event by activating our robust set of features including: high-def streaming, polling, networking, sponsors, resource library, leaderboard, private meeting rooms, and more.
Leverage BuzzCast's rich analytics to see which attendees you should follow up with first, or identify your most popular topics and speakers and launch follow-up deep dive meetings or recast and promote popular sessions.
Traction
Generated $1.65M in revenue
Since launch in July 2020, the most prominent events have been hosted on BuzzCast. Across multiple industries, our platform powered global corporate town halls, internal sales kick-offs, multi-day and multi-track events, educational experiences, marquee conferences and more! BuzzCast continues to host simple to complex experiences, serving brands and production agencies including but not limited to The United Nations, Uber, Shiseido, Waste Management, Anthem Blue Cross and Carnival.
300% Increase in sales pipeline - Q4 to Q1 2022
In 'Q4' 2021, we moved out of 'Stealth Mode', and have seen an immediate and sharp increase in the sales pipeline. We hired one Account Executive, two SDRs in Q4, as well as Jeff Kreinik—a 20-year veteran of event-tech sales—as our CRO.
Projection analysis*
* Click here for important information regarding Financial Projections which are not guaranteed.
Customers
Trusted by global brands
Business model
We leverage the existing client base of top-tier production companies
We provide top agencies with the technology backbone they need to operate enterprise events. By amplifying their event content and community investment beyond the event itself, we can boost ROI and ROX (return on experience).
Our discipline
Operational Efficiency
BuzzCast’s entire team received extensive training for EOS (Entrepreneurial Operating System), a practical methodology that creates a clear operational framework for effectively running a company, while implementing goals and accountability in accomplishing them.
BuzzCast’s entire team received extensive training for EOS (Entrepreneurial Operating System), a practical methodology that creates a clear operational framework for effectively running a company, while implementing goals and accountability in accomplishing them.
Financial Oversight
*Greg Crabtree, author of Simple Numbers, developed a firm to support a system for strategically managing cash flow in a fast-growing startup.
Core Values
Market
Solve complex problems, then expand the offering
With the Q4 2021 release of our CMS, we've already begun to expand our self-service offerings to enable our production partners and their enterprise clients to handle simpler meetings—in addition to their marquee events.
Market Trend
Competition
BuzzCast stands out in a market filled with outdated technology
BuzzCast's digital platform provides the customization and scale customers expect for their events and other experiential content. With the launch of our integrated CMS in late 2021, brands and production agencies now have the flexibility to seamlessly execute many events at a given time, while also amplifying engagement opportunities for their audiences. BuzzCast also continues to prioritize scale, security, and support across the entire platform, providing a dependable and trustworthy experience enterprise-grade customers require.
Our team is comprised of experienced producers, offering a unique approach to amplifying both virtual and hybrid events.
Vision and strategy
Where BuzzCast is going
* Click here for important information regarding Financial Projections which are not guaranteed.
Digitize Content with Innovative Blockchain Technology
As the Digital Venue for large corporate and consumer events, BuzzCast is the “expo hall” for users to exchange ideas and content. By automatically turning every session, attendee, speaker and, sponsor booths into digital objects that can be collected, exchanged, and redeemed, we believe incredible value can be unlocked for event organizers, sponsors, and attendees.
Funding
Democratize the private investment market
Since expanding our team at the end of last year, we’ve seen tremendous growth, and expect this to increase throughout the fiscal year. Through Republic, everyone will have the opportunity to impact our innovation at the ground level. In turn, BuzzCast will reach its fundraising goals, while also democratizing the private investment market.
Current investors include:
Founders
Veteran event producers & world-class web technologists
Our founders launched the industry’s premiere virtual and hybrid event platform in July of 2020. Learn more about then below!
