LOS ANGELES, May 12, 2021 /PRNewswire/ — Jellysmack, the worldwide creator firm, has raised a Series C funding spherical from SoftBank Vision Fund 21. The funding was introduced at the moment by SoftBank Chairman & CEO Masayoshi Son throughout their Earnings Results Briefing for FY2020. The funding will speed up Jellysmack’s worldwide growth and acquisitive progress in addition to R&D funding in its core expertise. In reference to the funding, Yanni Pipilis, Managing Partner for SoftBank Investment Advisers, will be a part of the Jellysmack board of administrators.
Jellysmack combines its AI-powered expertise and experience to establish social video creators and gas their progress by optimizing video efficiency, uncovering new audiences, and establishing new income streams throughout a number of platforms like Facebook, Instagram, TikTook, Snapchat, and YouTube. The firm tailors a creator’s authentic video for every social platform then runs in depth multivariate testing with its proprietary expertise to assist every video discover the best viewers. In this manner, Jellysmack unlocks distinctive efficiency, ceaselessly yielding from 25M to upwards of 300M in incremental views monthly for every creator. Jellysmack-managed content material instructions the most important social viewers of all digital corporations within the U.S., raking in 125 million viewers and roughly 10 billion views every month.
The Series C funding will gas the corporate’s worldwide growth, permitting it to establish and accomplice with probably the most proficient creators all around the world in assist of its imaginative and prescient of shaping the way forward for the creator economic system. The funds can even go in the direction of additional enhancing Jellysmack’s highly effective AI expertise and accelerating future mergers and acquisitions with the objective of offering the most effective options for creators.
Jellysmack co-founder and co-CEO Michael Philippe commented, “We have lofty objectives and ambitions at Jellysmack, and it is very thrilling to accomplice with such a forward-thinking investor who really believes in our imaginative and prescient to develop into the one-stop-shop for creators.” Jellysmack co-founder and co-CEO Robin Sabban added, “Creators are the way forward for leisure and we’re dedicated to discovering the world’s most influential expertise and powering their success throughout each present and future platform with our expertise.”
“Media consumption has pivoted massively in recent times with cellular video content material quickly outpacing TV,” mentioned Yanni Pipilis, Managing Partner at SoftBank Investment Advisers. “There at the moment are 50 million creators however solely 0.1% are in a position to make a full-time dwelling from their content material. Jellysmack straddles AI and the creator economic system to assist video makers embrace their ardour and construct new audiences. We’re excited to assist the corporate because it continues to scale the platform internationally.”
About Jellysmack
Co-founded in 2016 by Michael Philippe, Robin Sabban, and Swann Maizil, Jellysmack is the worldwide creator firm that detects and develops the world’s most proficient video creators via expertise. The firm’s proprietary information and video optimization instruments drive social viewers progress, unlocking new income streams and amplifying monetization. Currently residence to almost 200 influential creators, together with PewDiePie, MrBeast, Bailey Sarian, Derek Deso, Karina Garcia, Charles & Alyssa Forever, and Brad Mondo. Jellysmack optimizes, operates, and distributes creator-made video content material to Facebook, Instagram, Snapchat, TikTook, Twitter, and YouTube. The firm’s creator technique builds upon its success in scaling its personal authentic content material channels in magnificence (“Beauty Studio”), soccer (“Oh My Goal”), gaming (“Gamology”), and extra. Combined Jellysmack-managed content material boasts 10 billion international month-to-month video views and a cross-platform attain of 125 million distinctive U.S. customers, reaching almost 45% of all Americans and making it the most important digital-first U.S. firm in month-to-month social media viewers. The firm’s buyers embody Highland Europe, Interplay, OneRagtime, Partech and Unilever Ventures. To be taught extra, go to jellysmack.com.
1 As of the date of this press launch, SoftBank Group Corp. has made capital contributions to enable investments by SoftBank Vision Fund 2 (“SVF 2”) in sure portfolio corporations. The info included herein is made for informational functions solely and doesn’t represent a proposal to promote or a solicitation of a proposal to purchase restricted partnership pursuits in any fund, together with SVF 2. SVF 2 has but to have an exterior shut, and any potential third-party buyers shall obtain extra info associated to any SVF 2 investments prior to closing.
Contacts
Jellysmack Public Relations:
The Brand Agency
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