Salesforce CEO Marc Benioff has joined a group of prominent investors in a funding round for the social media talent agency Whalar Group, which was valued at $400 million. The investment round also includes contributions from Shopify and film producer Neal H. Moritz. Whalar Group operates within the rapidly growing creator economy, focusing on influencer marketing. Despite the sector's expansion, the technology infrastructure to effectively manage and scale influencer marketing remains underdeveloped. The new funding aims to support Whalar's efforts to advance the creator economy by enhancing its technological capabilities and market reach.
Whalar Group Secures Strategic Investment From Marc Benioff, Shopify, and Neal H. Moritz to Power the Next Era of the Creator Economy https://t.co/3E0x2FOE6u https://t.co/WsAHDAe10I
Marc Benioff joined a handful of prominent investors in influencer agency Whalar’s latest fundraising round, valuing it at $400 million. https://t.co/VD9DG0CcGj
The creator economy is growing rapidly, but the technology infrastructure required to manage and scale influencer marketing has yet to catch up. https://t.co/ZkRCWfPryk