# Allstar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allstar-2

- Industry: Software
- Headquarters: New York, US
- Website: www.allstar.gg
- Total disclosed funding: $16M
- Latest round: Series A (Dec 12, 2023)
- Investors on record: 12

## About

Allstar, Inc. is a US-based technology company specializing in innovative solutions for capturing in-game highlights, enabling users to effortlessly create personalized highlight reels for gamers and content creators.Founded in 2019 in New York, US, Allstar Gaming, Inc. focuses on developing technology for highlight generation from gameplay. The company has completed 2 deals, with its most recent funding round being a Series A in December 2023, raising USD 12.000 mn from lead investor Drive Capital and others. The founders include Gavin Silver and Nick Cuomo, with Nick Cuomo serving as the CEO.Allstar specializes in providing innovative solutions for capturing in-game highlights, allowing users to generate personalized highlight reels effortlessly. The core offering includes a technology platform that automatically identifies and compiles significant moments from gameplay, catering primarily to gamers, sports enthusiasts, and content creators looking to enhance their engagement with audiences. By leveraging advanced algorithms, Allstar’s services streamline the highlight creation process, thereby addressing the need for quick and efficient content production in the gaming and sports industries. This technology is particularly valuable for professional teams, amateur athletes, and casual gamers who aim to share exciting moments across social media platforms. Allstar's products are marketed in key geographical regions, including North America, Europe, and parts of Asia, thereby reaching a diverse global clientele.The revenue structure of Allstar is primarily based on a subscription model, which allows users to access the highlight generation services on a recurring basis. Clients, ranging from individual gamers to professional organizations, purchase subscriptions that grant them various tiers of service, including standard and premium packages, which may offer different levels of highlight customization and storage options. The transaction process typically involves direct-to-consumer sales, with clients paying upfront for their chosen subscription plans. In addition to individual subscriptions, Allstar also engages in partnerships with gaming platforms and sports leagues, extending their reach and enhancing service offerings for end-users. The flagship product, which encapsulates the company's unique technology, serves as a central component of their value proposition in the competitive landscape of digital content creation.In December 2023, Allstar Gaming, Inc. raised USD 12.000 mn in Series A funding, led by Drive Capital with participation from other investors. This funding will be utilized to accelerate product development, further enhancing their technology platform. The company plans to introduce new products aimed at refining the highlight generation experience and is targeting expansion into additional markets in Europe and Asia by 2025.

## Funding rounds

- Series A, Dec 12, 2023, $12M — Drive Capital, Overwolf Ltd., Alumni Ventures Group, Studio VC, J-Ventures, New York Angels
- Seed, Apr 1, 2021, $3.9M — Emerging Ventures, Sand Hill Angels, Harvard Business School Alumni Angels, Miami Angels, Gaingels, Studio VC, 10X Capital, J-Ventures, New York Angels

## Investors

- Emerging Ventures (https://capitalatlas.ai/funds/emerging-ventures) — Seed
- Sand Hill Angels (https://capitalatlas.ai/funds/sand-hill-angels) — Seed
- Harvard Business School Alumni Angels — Seed
- Miami Angels (https://capitalatlas.ai/funds/miami-angels) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Studio VC (https://capitalatlas.ai/funds/studio-vc) — Seed, Series A
- 10X Capital (https://capitalatlas.ai/funds/10x-capital) — Seed
- J-Ventures (https://capitalatlas.ai/funds/j-ventures) — Seed, Series A
- New York Angels (https://capitalatlas.ai/funds/new-york-angels) — Seed, Series A
- Drive Capital (https://capitalatlas.ai/funds/drive-capital) — Series A
- Overwolf Ltd. — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A