CRSHMARKET raises $3.5M for livestream prediction markets

CRSHMARKET has raised $3.5 million in seed funding for its livestream prediction platform, according to reports published on 3 November that cite an announcement by co-founder and chief executive Evan Rama.

CryptoRank reported that 6th Man Ventures led the round, with participation from Reciprocal Ventures, Lattice and Starting Line. Dealroom also reported the financing, attributing it to Rama’s LinkedIn announcement.

The product lets viewers predict what happens next in live content, with settlements described as taking 60 seconds. The funding is intended to support development of the platform.

Prediction trading inside a livestream

CRSHMARKET’s focus is on short outcomes within live content, rather than waiting for an election result or the end of a sporting fixture. That puts the company’s product at the intersection of prediction trading and interactive entertainment.

In an earlier public funding announcement, Rama described CRSHMARKET as a Monad-native livestream prediction market and named Param Patel and Lucas Pichette as his co-founders. That earlier pre-seed announcement is separate from the newly reported seed round.

The current financing reports do not disclose a seed-round valuation or deal structure. They also do not establish the platform’s regulatory authorisation or the jurisdictions in which it may accept customers.

Prediction Frontier could not directly retrieve the latest company X post or Rama’s referenced LinkedIn announcement. The financing details above are attributed to the reporting available from CryptoRank and Dealroom.