Analyst Report: Upgrade for access BuzzCast’s Huge Market Opportunity Comes With a Catch

BuzzCast’s platform makes virtual events smooth, high-quality experiences. But it’s not the only company doing so.

Details
Company: BuzzCast, Inc.
Security Type: SAFE
Valuation: $18,000,000
Min Investment: $150
Platform: Republic
Deadline: Oct 16, 2022
 
Inez Sanjaya - September 14th, 2022

The Virtual Event Boom

It’s hard to believe that it’s been almost two years since the pandemic started. It was the first time human connection felt scarce. Most people and organizations switched to hosting virtual meetups. I attended more virtual events than I ever had before. Virtual events and meetings quickly became routine for me — as they did for millions of people around the world. Virtual events increased by 1,000% on certain virtual platforms during the pandemic. 

But it’s not easy to host a virtual event. One major challenge event producers face is finding the technology that suits the event’s needs best. It hugely depends on the size of the audience, the amount of concurrent events streaming, or the need for sponsorships. Another common difficulty is ensuring a stable internet connection throughout the event for a better user experience. 

BuzzCast, a virtual event platform catered to enterprise businesses, is riding the global remote trend. The company guarantees broadcast-quality streaming for all kinds of virtual events, including conferences, company meetings, product launches and more. Some of its services include brand customization, a content management system, event engagement features (e.g., polling, networking, sponsorship), and audience engagement analytics. BuzzCast charges enterprises an annual subscription fee for platform access and an additional usage-based fee depending on factors like the number of events, number of attendees, and total streamed content.

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