Multiplayer TV platform Hearo.Live used this pitch deck to bag $150k in seed money from 500 Startups

ABOUT

Hearo.Live offers a “multiplayer TV” experience, enabling its users to watch movies, shows, or live TV together online.

The US-based platform was co-founded in 2017 by Edward Lerner, who worked on the PlayStation 4 console in his previous role at Sony.

Hearo.Live used this deck in 500 Startups demo day where it obtained seed funding.

Fundraising journey

• 2019: US$150,000 of seed funding from 500 Startups
• 2020: US$1.8 million of early-stage funding from 500 Startups and various angel investors like Alex Rigopulos, chairman at Harmonix; Michael Dornbrook, member of the board of directors at Modulate.ai; Tim Chae, managing partner at 500 Startups; Richard Melmon, managing partner at NSV Wolf Capital; and Gady Nemirovsky, managing partner at Inspiration Ventures.

How is the deck compelling?

• The deck is very simple and starts by introducing the co-founders together with their background.
• The presentation immediately highlights the social aspect of games, recounts how the team was inspired to build the Hearo.Live platform, and presents data on the huge market size of the media, gaming, and entertainment industry.
• It also shows how the platform works.

SOURCE

Deck: AngelMatch