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Venture Capital News: Pearpop Raises $16M in Funding

2021-04-16
LOS ANGELES, CA, Pearpop has announced $16M in funding led by Alexis Ohanian's Seven Seven Six.
Pearpop announced $16M in funding, which includes $10M in Series A financing, led by Alexis Ohanian's Seven Seven Six with participation from Bessemer Venture Partners and $6M in prior seed financing co-led by Ashton Kutcher and Guy Oseary's Sound Ventures and Slow Ventures, with participation from Atelier Ventures and Chapter One Ventures.

Angel investors supporting pearpop include Abel Makkonen (The Weeknd), Amy Schumer, The Chainsmokers, Diddy, Gary Vaynerchuk, Griffin Johnson, Josh Richards, Kevin Durant (Thirty 5 Ventures), Kevin Hart (HartBeat Ventures), Mark Cuban, Marshmello, Moe Shalizi, Michael Gruen (Animal Capital), MrBeast (Night Media Ventures), Rich Miner (Android co-founder), Snoop Dogg and Tyga.

Founded by Cole Mason, Spencer Markel, and Guy Oseary, pearpop is the first marketplace for social collaboration between creators. Pearpop first launched on TikTok, where creators can buy and sell duets, comments, or the use of the sound feature. Since its launch in October 2020, the platform has attracted almost 10,000 creators including names like Heidi Klum, Loren Gray, Snoop Dogg and Tony Hawk, among others.
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