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Passionfroot raises $15M to expand its B2B creator marketplace to the US
United States🏛️ PoliticsCenter9 hr. ago

Passionfroot raises $15M to expand its B2B creator marketplace to the US

Passionfroot, a German startup that operates a B2B creator marketplace, has raised $15 million in a Series A funding round led by Insight Partners. The funding will support expansion into the U.S., including the opening of an office in New York, and further growth in Brazil. The company's CEO, Jen Phan, noted that AI is driving demand for creators to enhance brand visibility and that the company has experienced significant revenue growth, with a 13-fold increase in the past year. Passionfroot has onboarded notable clients such as ElevenLabs and Figma and developed an AI agent named Zest to assist brands in campaign management and creator selection. The startup also highlights its proprietary creator graph and global payment system, having paid out at least $10 million to creators in the last 18 months. The funding follows trends in creator platforms like Substack and Beehiiv, which are enhancing monetization options for creators.

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TechCrunch logoTechCrunchIndependentCenter9 hr. ago
Passionfroot raises $15M to expand its B2B creator marketplace to the US

Passionfroot, a German startup that operates a B2B creator marketplace, has raised $15 million in a Series A funding round led by Insight Partners. The funding will support expansion into the U.S., including the opening of an office in New York, and further growth in Brazil. The company's CEO, Jen Phan, noted that AI is driving demand for creators to enhance brand visibility and that the company has experienced significant revenue growth, with a 13-fold increase in the past year. Passionfroot has onboarded notable clients such as ElevenLabs and Figma and developed an AI agent named Zest to assist brands in campaign management and creator selection. The startup also highlights its proprietary creator graph and global payment system, having paid out at least $10 million to creators in the last 18 months. The funding follows trends in creator platforms like Substack and Beehiiv, which are enhancing monetization options for creators.

Bias read (Center): The article presents information about a startup's fundraising and business strategies without overtly favoring any political ideology. While it discusses the impact of AI on marketing and creator economies, these are presented as market trends rather than politically charged issues. The framing is

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