Creator Ventures Launches $20M First Fund

Creator Ventures, a London, UK-based enterprise capital agency investing in early-stage consumer-internet corporations advancing how folks work together, closed its first fund, at $20M.

Investors in Creator Ventures embody enterprise funds-of-funds, household workplaces and founders of unicorns, a number of creators and media personalities, and senior leaders from Kaletsky’s former employer, Bridgepoint.

The fund will make investments $100-500K first cheques in Seed to Series A startups throughout 4 themes. Consumer Social; protecting apps throughout gaming, relationship and social. Marketplaces; each client and B2B2C marketplaces. Creator Economy; for merchandise or options that creators can use and for brand spanking new experiences. E-Commerce enablement, protecting instruments for on-line commerce.

The fund will spend money on startups globally.

Creator Ventures has invested in additional than ten startups throughout the US, Europe and Asia. Investments embody FACEIT, a UK-based aggressive esports gaming platform which exited in early 2022 in a transaction value $1.5bn. Beehiiv, a US platform for e-newsletter creators that Social Leverage additionally backed. Feels, a French Gen-Z relationship app backed by Kima Ventures, and Bounce, a General Catalyst and Andreeson Horowitz-backed market for baggage storage.

Creator Ventures was born from the Creative Investment Club, a syndicate fund established in 2019 to spend money on startups throughout consumer-social, consumer-technology and the creator financial system. The syndicate enabled celebrities and creators to again startups from Pre-Seed to Series A. This syndicate fund shared offers completely with large-scale content material creators, athletes, actors and different celebrities. 

Following early successes with this syndicate, the 2 co-founders Sasha Kaletsky and Caspar Lee have launched a enterprise capital fund to proceed their funding technique. Co-investing strategically alongside influencers and celebrities, together with Grammy-award-winning artists, BAFTA-award-winning actors, and premiership footballers. 

Sasha Kaletsky most not too long ago was a personal fairness investor for Bridgepoint. He beforehand labored at Uber and Boston Consulting Group and accomplished his MBA at Harvard Business School. 

Caspar Lee is a serial entrepreneur, having based Influencer.com, one in every of Europe’s largest influencer advertising and marketing companies, and Margravine, a three way partnership with WME. Lee was an early YouTube Creator with an viewers of six million YouTube subscribers, 5 million Twitter followers, and extra on numerous different platforms.

FinSMEs

04/07/2022

https://www.finsmes.com/2022/07/creator-ventures-launches-20m-first-fund.html