Telescope Inc.

Telescope Inc. provides innovative real-time fan engagement solutions, enhancing audience participation during live events and broadcasts through interactive technologies. Founded in 2002, Telescope Inc. specializes in real-time fan engagement and audience participation solutions.

The company is headquartered in Los Angeles, US, and has undergone significant developments in its service offerings. The leadership includes CEO Bahy elaraby and co-founders Ashley Mo, Camila Fernandes, Camin McCluskey, Hebe Foster, Keshav Ottoor, Nilotpal Roychowdhury, Reza Javan, and Sarah Holliday. In August 2021, Bally's Corporation acquired Telescope Inc. from HIG Growth Partners and Moorgate Partners, with financial terms undisclosed.

The company has completed 2 deals in total, with the most recent deal occurring on 2021-08-12. Telescope Inc. specializes in real-time fan engagement and audience participation solutions, offering a comprehensive suite of products that enhance interactivity during live events and broadcasts. Their core offerings include voting solutions using various channels such as online platforms, social media, toll-free numbers, SMS, and mobile applications.

Additionally, Telescope provides second-screen and play-along products, allowing audiences to actively participate beyond traditional viewing experiences. Their services also include user-generated content facilitation and sweepstakes, aimed at incentivizing audience participation through prizes and recognition. The company serves a diverse clientele, including major entertainment and sports organizations, operating in the United States, Canada, the United Kingdom, and select international markets. Telescope Inc.

generates revenue primarily through partnerships with clients in the entertainment and sports sectors, providing tailored engagement solutions. Their business model includes direct B2B transactions, with clients accessing services on either a subscription basis or through one-time project fees. Although specific pricing structures are not disclosed, they vary based on the scope and customization of the services utilized. Key offerings, such as live streaming solutions and interactive voting platforms, significantly contribute to revenue generation, catering to high-profile events like the NBA All-Star Weekend and reality TV voting for shows like Big Brother.

The company emphasizes collaboration with brands to create engaging experiences, ultimately enhancing viewer loyalty and participation. Telescope Inc. plans to leverage its recent acquisition by Bally's Corporation to innovate and launch new products aimed at enhancing audience engagement. The company is focusing on expanding its reach into new geographical markets, particularly targeting Europe and Asia by 2023.

The recent funding is expected to support these initiatives, facilitating the development and introduction of advanced engagement solutions tailored for diverse entertainment sectors.