ChannelMeter Inc.

ChannelMeter Inc. delivers financial technology solutions for creator-driven businesses, enhancing payment processes and financial access for influencers and brands in the creator economy. Founded in 2012 and headquartered in San Francisco, US, ChannelMeter Inc. specializes in providing financial technology to creator-driven businesses.

The company was founded by Eugene Lee, who also serves as the CEO. In July 2020, ChannelMeter raised USD 4. 000 mn in Seed funding led by ARTIS Ventures, bringing the total amount raised to USD 4. 000 mn.

To date, the company has completed 5 deals, with the most recent deal occurring on July 1, 2020. ChannelMeter, Inc. offers a robust suite of financial technology solutions specifically designed to support creator-driven businesses. The company's core products include Creator Pay and Creator Cash, which facilitate streamlined payments and upfront cash access for creators, respectively.

These services aim to enhance revenue generation and financial fluidity for influencers, agencies, and brands involved in creator economies. By partnering with Stripe Payments Company for money transmission and utilizing banking partners like Fifth Third Bank and Evolve Bank and Trust, ChannelMeter ensures secure financial transactions. The primary users of these services are creators and agencies operating primarily in the United States and major markets such as Canada and the United Kingdom, targeting a diverse array of content creators ranging from social media influencers to digital marketing agencies. ChannelMeter's revenue model is predicated on transaction-based fees for its suite of services, which are tailored to meet the financial needs of its clients.

Revenue is generated through various transaction structures, including partnerships and direct-to-consumer interactions. For instance, creators utilizing the Creator Pay service may be charged a percentage of the payment processed, while those opting for Creator Cash may incur specific fees for accessing upfront funds. These transactions typically occur within a framework designed to provide both creators and agencies with efficient financial solutions. The scalability of these offerings allows ChannelMeter to cater to a wide range of clients, from small agencies to larger brands, ensuring a steady revenue flow aligned with the evolving demands of the creator economy.

As of the most recent deal dated July 1, 2020, ChannelMeter Inc. plans to utilize the USD 4. 000 mn raised in Seed funding to enhance its product offerings and expand into new geographic markets. The company aims to launch new products aimed at improving financial solutions for creators and agencies, although specific product release dates have not been disclosed.

ChannelMeter is particularly focused on increasing its presence in Canada and the United Kingdom, with targeted expansions planned for the next 12 months.