Sports-focused podcast firm Blue Wire used this deck to secure 500 Startups’ backing

ABOUT

Blue Wire is a sports-focused podcasting startup that combines the expertise of journalists, influential fans, commentators, as well as former athletes on its platform. The company looks to change the game by focusing on one team or one specific topic, then acquires and launches relevant podcasts.

Programs in the company’s portfolio include Laker Film Room, Light Years, The Rapcast, and The Barcelona Podcast.

The US-based firm used this pitch deck in 500 Startups demo day in 2019 and obtained US$150,000 in pre-seed funding. It went on to raise a combined US$6.2 million in funding last year from investors such as Dot Capital and Forty5 Ventures.

Fundraising journey

• 2019: US$150,000 of pre-seed funding from 500 Startups
• February 2020: US$1.2 million of seed funding from Dot Capital, 500 Startups, Prakash Janakiraman, co-founder and chief architect at NextDoor, and professional football player Deion Jones through his venture fund Forty5 Ventures
• December 2020: US$5 million of series A funding led by Dot Capital and participated by Bettor Capital, Side Door Ventures, and Forty5 Ventures

How is the deck compelling?

• The deck begins with introducing Kevin Jones, Blue Wire Podcasts’ founder and his background.
• It continues by showing why the Blue Wire Podcasts service was started.
• It also shows the company’s traction and the amount of its market validation.

SOURCE

Deck: Angel Match