Recur designs and develops on-chain branded experiences allowing fans to buy, collect and re-sell digital products and collectibles (NFTs). The platform will be chain agnostic. The company plans to scale its go-to-market team with 150+ open roles across recruiting, marketing, customer success, design and engineering. Recur raised a $50M Series A at a $333M valuation. Founded by Zach Bruch and Trevor George and based in Miami, the company is using the funding to bring brand experiences to market over the next year. Recur has partnered with Veritone and CLC to license Pac-12 moments and collegiate marks for NFTU.com, a dedicated marketplace for college sports highlights starting with the Pac-12. RECUR builds on-chain branded experiences that let fans buy, collect, and re-sell NFTs for global brands. The company is positioning NFTs as a gateway for everyday consumers to enter the crypto ecosystem and expects exponential growth for partnered brands. RECUR has implemented a decentralized recurring royalty standard in its assets and defaults minted assets to Ethereum while planning to become chain-agnostic for wider distribution. Its first branded NFT Fan Experience was set to launch in Summer 2021. Financially, RECUR announced a $5 million seed raise—the article describes this as the largest seed raise to date in NFT history. The founding team includes Co-CEOs Zach Bruch and Trevor George and senior hires from crypto and licensing, such as President Stephen Teglas, Head of Engagement Chris Heatherly, and CTO James Seibel.

Total raised

$55M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2021