Card, a startup that is building a platform to help creators monetize lrtrading their content, has raised $12 million in a Series A funding round. The funding was led by Peter Fenton of Benchmark and included participation from Harrison Metal, SV Angel, and several prominent angel investors.
Card’s platform allows creators to sell digital products, such as courses, eBooks, and digital downloads, directly to their fans. The platform also includes a suite of tools to help creators build their audience and engage with their fans.
The startup was founded in 2019 by two former Google employees, Andrew Sampson and Erik Finman. Sampson previously worked on the Google Play Store, while Finman made headlines as a teenager for becoming a Bitcoin millionaire.
Card’s founders say they were inspired to start the company ifsptv after seeing how difficult it can be for creators to monetize their content. They believe that the traditional advertising model is broken and that there is a huge opportunity for creators to sell digital products directly to their fans.
The new funding will be used to expand Card’s team and to accelerate the development of its platform. The startup plans to focus on building new tools to help creators grow their audience and to improve the overall user experience of its platform.
In a statement, Card’s founders said that they are excited to partner with Benchmark and other investors to build a platform that empowers creators to build sustainable businesses around their content. They also noted that the new funding will allow giveme5 them to bring on new team members and to invest in new technology to support their vision.
Card’s focus on helping creators monetize their content is part of a broader trend in the tech industry. Over the past few years, there has been a growing recognition of the importance of creators and the need to provide them with better tools and platforms to monetize their content.
Platforms like Patreon and Substack have emerged as popular tools for creators to build their audience and monetize their content. These platforms have also attracted significant investment from venture capitalists and other investors.
Card’s founders believe that their platform offers several advantages over existing solutions. For one, they say that their platform is more flexible and customizable than other solutions. They also believe that their platform is more accessible to creators who are just starting out and may not have a large following or established brand.
The new funding round is a significant milestone for 123chill Card and a reflection of the growing interest in creator-focused startups. With the support of its investors, Card is well-positioned to continue building its platform and to help creators build sustainable businesses around their content.
Overall, Card’s focus on empowering creators is an important manytoons development in the tech industry. By providing better tools and platforms for creators to monetize their content, startups like Card are helping to support the creative economy and to ensure that creators can continue to produce high-quality content for their fans. As the tech industry continues to evolve, it will be interesting to see how platforms like Card and others continue to shape the future of content creation and distribution.