Laylo Announces Latest Round of Strategic Investment
Summary
LOS ANGELES--(BUSINESS WIRE)--Laylo (the Company), a customer relationship management (CRM) platform powering some of the worlds biggest drops, has completed a new round of strategic investment. This year, we helped creators across music, podcasting, gaming, sports, and video create drop experiences that drove tens of millions in tickets, merchandise, content, and collectibles. Were excited to have even more capital to triple down on our mission of building the Creator CRM by growing the team, expanding to new verticals and launching new features faster, said Alec Ellin, Co-Founder and CEO of Laylo. " The Company has achieved several growth and product development milestones over the last 12 months, including: Increasing the number of creators using its platform by more than 5x to over 10,000 Establishing strategic partnerships with other Creator Economy disruptors, including Acast (podcast distribution), Fevo (sports and entertainment ticketing), Sound.xyz (music NFTs), Polygon (Web3 tooling), Hoo.be (link-in-bio), Genies (digital fashion), CD Baby (music distribution), Pixelynx (gaming), Voice.com (NFT art collectibles) Building a Spotify Follow and Pre-Save integration that drives up to 3x conversion rates for musicians Launching a Web3 messaging feature that allows creators and brands to send gated messages to fans based on NFT ownership We were blown away by the product and saw how quickly our artists felt the same, shared Justice Baiden, Co-Founder of LVRN Management. Launched in 2021 by Alec Ellin and Saj Sanghvi, Laylo powers drops for some of the worlds biggest musicians, podcasters, celebrities, and brands allowing them to automatically notify fans about new content, merchandise and tickets through SMS, Email, Instagram DM, Facebook Messenger, and Discord.