Afterparty Raises $5M in Funding

Afterparty

Afterparty, a Los Angeles, CA-based provider of a platform empowering creators with the tools and technology for personal fan connections and monetization, raised $5M in funding.

The round was led by Blockchange Ventures, with participation from existing investors Acrew Capital, Act One Ventures, and Tamarack Global, as well as new investors Wilson Sonsini and Vinny Lingham.

The company intends to use the funds for product development and business reach expansion.

Led by CEO and Founder David Fields, Afterparty leverages technologies like blockchain and AI to provide a platform delivering tools and technology for creators to scale one-to-one fan interactions and fan experiences and streamline content monetization and ownership. Afterparty, whose platform already includes live streaming and 1:1 chats, IRL community events, and collectibles, will soon deliver AI voice, photo, and video messaging. The new platform, Afterparty AI, allows creators to scale personalized fan interactions while activating fans to generate one-of-a-kind images and videos that live as collectibles on the blockchain.

Thousands of creators, including musicians Lauv and Jaden Hossler, dancer and choreographer Matt Steffanina, global podcasters Tana Mongeau and Mads Lewis, and international stars Nicolle Figueroa and Strangehuman, have used tge platform in their creative growth process and and to strengthen fan relationships.

FInSMEs

20/09/2023