# Switcher

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/switcher

- Industry: Software
- Headquarters: Louisville, US
- Website: www.switcherstudio.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Feb 28, 2017)
- Investors on record: 6

## About

Switcher, Inc. is a live streaming platform that empowers users to create professional-quality broadcasts using iPhones, iPads, and cameras, facilitating seamless streaming to multiple social media platforms.Founded in 2014 in Louisville, US, Switcher, Inc. specializes in live streaming solutions, transforming standard devices into professional multicamera studios. The company has executed three total deals, with its most recent transaction occurring on February 28, 2018. The Seed funding round raised USD 0.3 million, which included investments from Kentucky Science and Technology Corporation and Sequel Fund. The founders, Dan Petrik, Gabriele Mondada, and CEO Video Nick Mattingly, have backgrounds that contribute to the company’s innovative approach in the live streaming sector.Switcher is a live streaming platform designed to turn iPhones, iPads, and cameras into a professional multicamera studio. The platform supports capturing content from up to nine different cameras and enables live streaming to various platforms such as Facebook, YouTube, Instagram, and TikTok. Key features include customizable overlays and the integration of media like slides and scoreboards, catering primarily to North American users, including churches, sports teams, and content creators.Switcher operates on a transaction-based revenue model, charging clients USD 0.99 per transaction, especially for monetization features like ticket sales and donations through PayPal. The platform offers a 14-day free trial, followed by various pricing plans to accommodate individual creators and organizations, including educational institutions and religious organizations, although specific pricing tiers are not disclosed.Following the Seed funding round in February 2018, Switcher, Inc. aims to enhance its product offerings and expand into new markets. The company is working on upcoming features that will further streamline live streaming processes and facilitate user engagement. Although specific release dates are not mentioned, the funding will be utilized to support the development of these new products and to target expansion within North America and potentially into international markets.

## Funding rounds

- Seed, Feb 28, 2017, $0.3M — Pioneer Ventures, Sequel Fund
- Seed, Sep 16, 2016, $0.4M — Pioneer Ventures, Kentucky Science and Technology Corporation, Cherub Fund, Poplar Ventures, Sequel Fund, NexStreaming

## Investors

- Pioneer Ventures (https://capitalatlas.ai/funds/pioneer-ventures) — Seed
- Kentucky Science and Technology Corporation — Seed
- Cherub Fund — Seed
- Poplar Ventures (https://capitalatlas.ai/funds/poplar-ventures) — Seed
- Sequel Fund — Seed
- NexStreaming — Seed