● CreatorStack aims to reinvent how digital creators create content, engage with their fans, brands, and investors; and monetize their time
● Platform aims to help creators gain complete control of their content and their audience
● Announces two key appointments to leadership team
Bengaluru, NFA Post: CreatorStack, a market network for digital creators, has raised a seed funding of US$ 2 million from Accel.
The round also saw participation from On-Deck’s The Runway fund, PointOne Capital, Wekan alongside angels active in the media, entertainment, and future of work sectors, notably Kumar Akash (SVP Growth – Hotstar).
CreatorStack, a startup based in India and USA, runs a market network that helps digital creators to create content, engage with their fans, brands, and investors; and monetize their time. The start-up will use these funds to continue building a world-class creator-centric platform.
Expressing happiness over the development, CreatorStack Cofounder Deobrat Singh said the company 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. We are privileged to have Accel, On-Deck’s The Runway fund, PointOne Capital, Wekan and others on our captable,” said Deobrat Singh.
Commenting on the investment, Accel Partner Dinesh Katiyar said 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,” said Dinesh Katiyar.
Ankit Acharya will join as Director of Strategy & Business and will lead the business development and creator partnerships worldwide, by focusing on building strong relationships with creators, brands, agencies, and influencers worldwide. In his earlier stint, Ankit led communications & founders’ office at Bounce.
Also, Puneet Jain joins as Director of Product. Apart from leading core product initiatives, he will be instrumental in building a product that’s valuable and compelling to use. He comes from Cred where he firsthand experienced how gamification and growth were correlated.
CreatorStack was founded in 2020 by Deobrat Singh, Kevin William David, & Nachiketas Ramanujam. The company aims to empower the next generation of creative entrepreneurs by building a platform with strong network effects for creators to build their creative business in the cloud. The company has over 1000+ beta signups from content creators and they have started working closely with a small group of creators to build a compelling product.