HOUSTON, TX, Clutch announced today that it has raised $1.2 million in pre-seed funding to fuel its open beta launch.
Clutch, the digital marketplace company connecting next generation creators with emerging brands, today announced the open beta launch of its platform for brands and student creators nationwide. The open beta launch follows Clutch's highly successful closed beta phase that began in January 2022 and focused on connecting student creators with emerging brands resulting in students making over $10,000 on Clutch's platform every month. Leading CPG brands, consumer-focused startups and Gen-Z centric brands use Clutch to hire student creators for their digital marketing needs including heywell, Agua Bonita, Campfire and Zerotio.
Along with announcing the open beta launch of its platform, Clutch also announced today that it has raised $1.2M in pre-seed funding to fuel its open beta launch. The round was led by Precursor Ventures and included investment from Capital Factory and HearstLab. It followed one prior fundraising round which was an angel round of $350,000 with investment from DivInc along with friends and family in June 2021.
Founded in 2020 by Madison Long and Simone May, Clutch is the digital marketplace connecting creators with emerging brands. With our people-first platform, creators have the opportunity to monetize their unique talents and passions by helping businesses with their content creation needs. We are currently focused on connecting Gen-Z student creators with emerging brands in need of digital marketing. At Clutch, we believe the future of work will be led by the next generation. But in order for that to happen, they need a platform that equips them to thrive in the ever-changing workplace. That's Clutch. Our vision is to build a world where authentic, engaging work supports a more sustainable, equitable lifestyle.
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