In the first quarter of 2024, funding for U.S.-based creator economy startups significantly increased, marking the first year-over-year rise since early 2022, according to the Creator Economy Database. This growth more than doubled compared to the same period last year, despite a continued overall slump in U.S. startup funding. Notably, this increase was not driven by the recent investor interest in artificial intelligence. The funding environment remains challenging, with heightened metrics required to secure Series A funding, as noted by industry expert Katelin Cruse.
📊 Founder & VC heads up: VC funding might be quietly picking up steam. Here's the evidence. h/t @cartainc https://t.co/67zMoOWixA
Trace Cohen's Q1 2024 - Trends, News and Investments! My newsletter via @beehiiv The Startups/VC world is showing some signs of recovery, but is it real? TL;DR: - What’s going on in the tech world? Ai + Series A crunch - Family offices are growing and investing more - What…
Funding for U.S. creator economy startups increased for the first time in two years—and gains weren’t due to investor excitement around AI. https://t.co/7iJESFM0f8 Creator Economy by @kyurieff