LoudCrowd, Inc.
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LoudCrowd, Inc. - overview
Established
2019
Location
Austin, TX, US
Primary Industry
Software
About
LoudCrowd, Inc. is an innovative creator management platform that monetizes influencers, affiliates, and brand ambassadors through AI-driven shoppable pages, enhancing social commerce for brands. Founded in 2019, LoudCrowd, Inc. operates out of Austin, US, providing a platform that connects creators with brands for effective social commerce.
The company has raised USD 1. 281 mn in Series A funding in August 2022 led by Mucker Capital, bringing its total amount raised to USD 1. 281 mn with a current valuation of USD 16. 527 mn.
The founders, Gary Garofalo and Justin Papermaster, have a history in launching and managing tech-centric businesses, with Gary Garofalo serving as the current CEO. LoudCrowd functions as an end-to-end creator management platform, aiming to monetize influencers, affiliates, and brand ambassadors. Its primary offering, Creator Storefronts, allows users to create personalized landing pages featuring curated products, addressing eCommerce challenges in converting social media traffic into sales. The platform serves direct-to-consumer brands in various industries, with clients such as Revival Rugs, Melinda Maria, and Pretty Little Thing, and is accessible globally, benefiting brands in North America, Europe, and Asia.
LoudCrowd's revenue model is based on partnerships with brands that utilize its Creator Storefronts. The platform operates on a subscription basis, providing brands access to onboarding, support, and consultations. Revenue is also generated through a performance-based structure, where creators earn commissions on sales from their storefronts, with a portion retained by LoudCrowd. This system enhances transaction efficiency between creators and brands, facilitating the establishment of affiliate programs and accurate revenue tracking.
In August 2022, LoudCrowd, Inc. secured USD 1. 28 mn in Series A funding, which will be directed towards hiring engineers and accelerating product development. The company is focused on expanding its product offerings and aims to enter new geographic markets, enhancing its technology to support social commerce initiatives.
Further details on specific product launches or targeted regions are yet to be disclosed.
Current Investors
Active Capital, LiveOak Venture , Mucker Capital
Primary Industry
Software
Sub Industries
Sales & Marketing Software, Content Management Software, Analytics & Performance Software
Website
www.loudcrowd.com
Verticals
AdTech, Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only

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