Binded, Inc.

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Binded, Inc. - overview

Established

2014

Location

San Francisco, CA, US

Primary Industry

Software

About

Binded, Inc. specializes in copyright protection services for creatives, offering tools that secure intellectual property rights and streamline image management through innovative technology. Founded in 2014 and headquartered in San Francisco, US, Binded, Inc. provides copyright protection solutions for photographers and digital artists.


The company, founded by Thiago Madureira, has completed 2 deals, with its most recent funding round being a Seed round where it raised USD 0. 95 mn on March 15, 2017, from investors including M&Y Growth Partners, Mistletoe, and others. The total amount raised by the company to date stands at USD 0. 95 mn with a current company valuation of USD 4.


443 mn. Binded, now integrated within the Pixsy platform, primarily offers copyright protection services aimed at creatives, including photographers and digital artists. The core service enables users to upload images to a private copyright vault, where each image receives a unique fingerprint permanently saved on the Bitcoin blockchain. This process provides users with a copyright certificate as proof of ownership and facilitates the registration of images with the U.


S. Copyright Office and other jurisdictions. The platform includes features such as 24/7 monitoring of images online, automated takedown notices for copyright infringements, and a comprehensive dashboard for managing copyright claims. The services are designed to protect the intellectual property rights of users, primarily in North America and Europe, catering to a global clientele seeking to safeguard their creative works against unauthorized use.


Revenue generation for Binded, as part of Pixsy, is largely driven through subscription models and service fees associated with the management of copyright registrations and monitoring services. Clients typically engage with the platform by signing up for a free account and can then opt for premium features that may include advanced monitoring and legal support for copyright infringement claims. The structure includes direct-to-consumer transactions where users pay for enhanced services such as recovery of lost revenue from unauthorized image use. While specific pricing details for these services are not disclosed, the revenue model is built around providing tailored solutions for creatives who require robust copyright protection and management tools.


In March 2017, Binded, Inc. raised USD 0. 95 mn in Seed funding, which will support its plans to develop new products focused on expanding its copyright protection offerings. The company is also targeting expansion into additional markets beyond North America and Europe, aiming to establish a presence in Asia by late 2023.


The recent funding will facilitate these initiatives, enabling Binded to enhance its service features and broaden its reach to creatives globally.


Current Investors

Social Starts, Vectr Ventures, Sterling.VC

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Legal Software

Website

www.binded.com

Verticals

Blockchain

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Binded, Inc. - employee data

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