Beastcoast, an Indiana-based esports company, recently announced it secured $2.5 million in a pre-seed round of funding. Several investors took part, including Elevate Ventures, Techstars, Andover Ventures, and Flywheel Fund.
Pat East is executive director of The Mill, a coworking and entrepreneurship center. The company’s Fly Wheel capital fund invested $50,000 in Beastcoast. “Flywheel Fund is so fortunate to have the opportunity to invest in Beastcoast. E-sports viewership is growing by double-digits annually, and Beastcoast is the fastest-growing pro-gaming content creator online,” he said. “It’s just a really cool company with tremendous potential that’s already being realized.”
Beastcoast is a Bloomington, Indiana-based esports and gaming network company. They produce content through 14 different channels and brands generating millions of users each month.