Tvcoins Successfully Completes $10M Seed Funding Capital Raise
08/22/22, 4:28 PM
Location
boston
Money raised
$10 million
Industry
video
advertising
Round Type
seed
TVCoins, a white-label Free Ad-Supported TV (FAST) platform, today announced the successful completion of a $10 million seed round capital raise. The startup's disruptive approach to launching video streaming apps and built-in viewer incentive program garnered significant interest from its investment partners.
Company Info
Location
boston, massachusetts, united states
Additional Info
"We are proud and excited to have played the role we did in funding TVCoins. The company is in front of a large secular trend and is led by highly capable people whom we trust," said James Roumell, Partner and Portfolio Manager at Roumell Asset Management.What differentiates TVCoins is its ability to launch streaming platforms at no cost to the customer, regardless of audience size. Target markets include media companies, publishers, and any entity that owns the licensing rights to content. The company has also introduced a first of its kind viewer incentive program designed to drive user engagement. These key features are supported by an ad-powered, revenue share business model backed by a network of supply and demand advertising partnerships.
About TVCoins
TVCoins is a free, white-label video streaming platform that delivers live content and video on-demand through an app for Connected TV and mobile platforms. The ad-powered platform-as-a-service (PaaS) is fully managed and features a viewer incentive program that rewards viewers for the time they spend watching video. Learn more at https://www.tvcoins.com/businessSOURCE TVCoins