# Recount Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/recount-media

- Industry: Media
- Headquarters: New York, US
- Website: www.therecount.com
- Total disclosed funding: $41M
- Latest round: Series B (May 4, 2021)
- Investors on record: 11

## About

Founded in 2019 and based in New York, US, Recount Media, Inc. operates The Recount, a digital journalism platform that broadcasts short-form videos covering political news. The company was founded by its CEO John Battelle and John Heilemann. In 2020, the company launched a podcast slate with iHeartMedia and in May 2021, Recount Media, Inc. raised USD 18 million in series B funding led by new investor Foundry Group. 

Recount Media provides journalism in a short-form video format for 5 minutes or less. The company’s show, the daily recount, is a daily recap that remixes television news to tell users the stories covering politics and, video product, Recount wire provides a string of short clips featuring news of the day. The platform allows users to share videos from the website to social media platforms and is also available as a mobile app. 

As of 2021, the company has more than 40 employees and generates revenue by licensing its content, as well as ad revenue splits with distribution partners and sponsorships. 

Recount Media, Inc. plans to expand its product suite and widen its editorial coverage to more topics outside of politics.

## Funding rounds

- Series B, May 4, 2021, $18M — Union Square Ventures, True Ventures, Correlation Ventures, Foundry Group, Alumni Ventures Group, Burda Principal Investments
- Series A, Mar 10, 2020, $13M — True Ventures, Viacom, Inc., Burda Principal Investments
- Seed, Oct 29, 2019, $10M — Union Square Ventures, True Ventures, SV Angel, Arrive, 32 Ventures, Thirty5 Ventures

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed, Series B
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed, Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Arrive (https://capitalatlas.ai/funds/arrive) — Seed
- 32 Ventures — Seed
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Seed
- Viacom, Inc. — Series A
- Burda Principal Investments (https://capitalatlas.ai/funds/burda-principal-investments) — Series A, Series B
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B