Summary:
ShopMy raised $77.5M to transform creator marketing.
Funding led by Bessemer Venture Partners and Bain Capital Ventures.
Plans to expand into health, wellness, food, and hospitality sectors.
Offers a creator-centric ecosystem connecting brands and influencers.
Features include Opportunities for budget allocation and Lookbooks for gifting.
ShopMy, a New York City-based platform, is making waves by transforming creator marketing into a performance-driven channel. Recently, they successfully raised $77.5 million in funding, led by Bessemer Venture Partners and Bain Capital Ventures, alongside contributions from Menlo Ventures and various strategic investors.
Funding Details
This significant funding round aims to bolster ShopMy's growth by expanding their team and exploring new verticals such as health and wellness, food and beverage, hospitality, and kids and family. They also plan to deepen their presence in the fashion and beauty sectors.
About ShopMy
Under the leadership of CEO Harry Rein, ShopMy offers a creator-centric ecosystem that connects brands with influential creators. The platform integrates:
- Direct creator connections
- Paid partnerships
- Affiliate marketing
Key Features
- Opportunities: A performance-driven feature that helps brands allocate budgets wisely and ensure creator coverage.
- Lookbooks: An automated gifting feature designed to streamline brand and creator interactions.
Today, over 50,000 brands are commissionable through ShopMy, with more than 550 brands leveraging this technology to turn creator partnerships into effective performance marketing channels.
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