Despite the cooling off of the creator economy, some startups are still catching investors' attention. Insider recently asked over a dozen VCs and angel investors to share which startups they are watching in the creator economy as 2023 comes to a close. These investors highlighted 14 startups that are worth keeping an eye on. Here are 4 of those 14.
The first startup to catch investors' attention is Graphcore, a British AI chip company. Graphcore has developed a range of AI processors, called Intelligence Processing Units (IPUs), which are designed to accelerate AI workloads.
Graphcore has raised over $400 million in venture capital funding from investors such as Microsoft, BMW, Dell, and Samsung. The company has also partnered with several major tech companies, including Microsoft, Dell, and HPE, to develop AI solutions.
Graphcore's IPUs are used in a variety of applications, including autonomous vehicles, healthcare, and robotics.
The second startup to catch investors' attention is Patreon, a platform that helps creators monetize their content. Patreon allows creators to set up subscription-based services, allowing fans to pay a monthly fee to access exclusive content. Patreon has become a popular platform for creators, with over 200,000 creators using the platform to monetize their content. The company has also raised over $500 million in venture capital funding from investors such as Sequoia Capital, Thrive Capital, and Index Ventures.
The third startup to catch investors' attention is Substack, a platform that allows writers to create and monetize newsletters. Substack has become a popular platform for writers, with over 200,000 writers using the platform to monetize their content. The company has also raised over $100 million in venture capital funding from investors such as Andreessen Horowitz, Spark Capital, and Index Ventures.
The fourth startup to catch investors' attention is Glitch, a platform that helps developers create and share web applications. Glitch has become a popular platform for developers, with over 1 million developers using the platform to create and share web applications. The company has also raised over $100 million in venture capital funding from investors such as Sequoia Capital, Accel, and Index Ventures.
These four startups are just a few of the many startups that are catching investors' attention in the creator economy. As the creator economy continues to grow, more startups are emerging to capitalize on the trend. With the right tools and services, these startups can help creators monetize their content and reach larger audiences. It will be interesting to see which startups emerge as the leader in the creator economy in the coming years.
