CreatorStack Raises $2M In Seed Round Led By Accel
- ByAyushi Ray | August 17, 2021
Market Network for Digital Creators CreatorStack raises $2M in seed round led by Accel. The round also saw participation from On-Deck’s The Runway fund, PointOne Capital, and Wekan, alongside angels active in the media, entertainment, and future of work sectors, notably Kumar Akash. Deobrat Singh, Co-founder, CreatorStack, said, “We are in the beginning of a new world, where the content gatekeepers of yesterday will become irrelevant. There are different entities involved in a creator’s success – fans, teams, investors, brands. We can unlock huge monetary value by providing a trusted way for all these entities to authentically collaborate together through data and insights. We are starting by enabling creators to own their own audience by building their communities and engaging their audience in new and unique ways. Through this, we are creating authentic and new social graphs that aren’t easily duplicated or subsumed by platforms like Facebook, TikTok, YouTube, etc. As a result of which the creators remain in control and have a direct relationship with their audience.”
CreatorStack was founded in 2020 by Deobrat Singh, Kevin William David, and Nachiketas Ramanujam, and is majorly based around India and USA. They run a market network that helps digital creators to create content, engage with their fans, brands, and investors; and monetise their time. The company has over 1000+ beta signups from content creators and it has started working closely with a small group of creators to build a compelling product. Dinesh Katiyar, Partner, Accel, added, “With the rapid growth of the global creator economy, creators are emerging as small businesses, in need of sustainable monetisation models. With its well designed, innovative product and a great team for execution, Creatorstack is well-poised to leverage this macro-dynamic shift like no other existing platform.”
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