GigaStar, a Chicago, IL-based startup bringing creators and investors together, is launching a $1M YouTube Creator Fund to help accelerate the journey of YouTubers.
The new fund will launch in the coming month to provide discretionary grants to established creators earning over $100K in annual YouTube revenue.
The fund will contribute to GigaStar’s mission of enhancing human creativity while it continues to serve creators who list on GigaStar Market, a crowdfunding platform where creators can raise capital from thousands of investors by monetizing potential future revenue.
Led by CEO Hazem Dawani, GigaStar provides creators with a platform to raise capital from investors who gain exposure to the creator economy while joining a creator’s journey.
This news followed GigaStar’s recent announcement that it completed an additional $3M investment round to advance efforts to scale GigaStar Market (its current primary market platform), attain its broker-dealer registration, and develop its secondary market trading platform, which is targeted to launch by the end of 2024.
GigaStar Market, an SEC-registered funding portal, operates under Reg CF and has launched 8 YouTube channel offerings, raising for Creators on the platform over $1.2M to date with over 12,000 investor accounts.
FinSMEs
10/04/2024