BurdaPrincipal Investments
10/03/2020

Burda Invests in US Short-Form Video Platform Recount Media

None

Hubert Burda Media announced an investment in Recount Media, an innovative short-form video platform dedicated to political news headquartered in New York, United States. Burda’s growth capital arm BurdaPrincipal Investments participated in the Series A funding round alongside Union Square Ventures, True Ventures and ViacomCBS. The Series A investment will allow the company to optimize growth through new programming and additional licensing and distribution deals.

Recount Media is a new kind of platform and approach to short-form video devoted to political news. Co-founders John Heilemann and John Battelle launched the media venture in 2019 and it already features more than a dozen short-form programs, including The Daily Recount, Recap 2020, and This Week in Bullshit, as well as a live event series. Recount Media is solving the two central problems faced by Americans looking to take part in the political conversation in this era: information overload and time famine.


“We see great potential in media platform models that capture the changing way of content consumption. We are excited to back John Battelle, John Heilemann and their team in building a leading mobile-first short-form video platform.”

Christian Teichmann, Managing Director of BurdaPrincipal Investments


“Burda Principal Investments’ tradition of investing in digital media companies paired with Recount Media’s long-term strategy to change how people consume news made this a natural partnership.”

John Heilemann, Co-Founder and Editor-in-Chief of Recount Media


For more information on Recount Media, visit www.therecount.com

PDF
More images & downloads

John Battelle © Recount Media

John Heilemann © Recount Media

Christian Teichmann © Recount Media

Logo of Recount Media © Recount Media

Related articles
BurdaPrincipal Investments
Carsome scoops US$170 million funding and becomes Burda’s second unicorn
BurdaPrincipal Investments
Carsome scoops US$170 million funding and becomes Burda’s second unicorn

BurdaPrincipal Investments adds another unicorn to its investment portfolio as the Carsome Group (Carsome), Southeast Asia’s largest integrated car e-commerce platform

BurdaPrincipal Investments
Burda Invests in Sustainable Food Waste Reduction Platform Oddbox
BurdaPrincipal Investments
Burda Invests in Sustainable Food Waste Reduction Platform Oddbox

BurdaPrincipal Investments (BPI), the growth capital arm of media and tech company Hubert Burda Media, has invested in UK-based Oddbox, a platform that is leveraging technology to fight food waste.  

BurdaPrincipal Investments
Burda supports podcast creator Wait What with follow-on investment
BurdaPrincipal Investments
Burda supports podcast creator Wait What with follow-on investment

Burda continues to support WaitWhat, one of the most valuable independent portfolios of premium IP in podcasting, with a follow-on investment.