# Calaxy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/calaxy

- Industry: Internet
- Headquarters: Beverly Hills, US
- Website: www.calaxy.com
- Total disclosed funding: $7.5M
- Latest round: Seed (Jul 1, 2021)
- Investors on record: 6

## About

Calaxy, Inc., based in Beverly Hills, US, is an innovative platform that enables Creators to establish and manage personalized online social clubs, referred to as "Worlds," enhancing community engagement and monetization opportunities.Founded in 2020 by Solo Ceesay and Spencer Dinwiddie, Calaxy, Inc. operates a platform that facilitates the creation of tailored social environments for individuals. The company successfully raised USD 26.00 mn in funding on June 7, 2022, co-led by Animoca Brands, HBAR Foundation, and Polygon Studios. The total amount raised to date stands at USD 26.00 mn from three deals.Calaxy's primary offering is its platform for creating "Worlds," which are online social clubs owned and operated by individual Creators. The Calaxy World Builder allows users to develop and launch their own branded Worlds, enabling them to create unique social environments tailored to their communities. These Worlds can feature various access modes, including open, invite-only, subscription, and token-gated options, providing flexibility for Creators to monetize their content. The platform is designed to streamline user interaction through integrated social feeds that facilitate posting, polling, and selling experiences or subscriptions directly from their profiles. The end-user base spans various demographics globally, as Calaxy aims to enhance online community-building across North America, Europe, and parts of Asia, empowering Creators to engage with and grow their audiences.Calaxy generates revenue primarily through subscription models and transaction fees associated with the sales of experiences and premium content within the Worlds created on its platform. Creators can monetize their Worlds by offering paid content, subscriptions, and unique experiences to their communities, with transactions processed through the integrated Calaxy wallet, which supports various currencies including USD and cryptocurrency. This allows for seamless financial interactions between Creators and their members. Additionally, the platform may facilitate partnerships with Creators who seek to leverage their Worlds for further engagement and monetization opportunities. Specific pricing structures for services are outlined within the platform, providing clarity on the costs associated with launching and maintaining a World, though these details are not publicly disclosed.In June 2022, Calaxy raised USD 26.00 mn in venture funding to expand its platform and products. The company plans to enhance the functionality of its Worlds, with new features expected to be released in the coming year. Additionally, Calaxy is targeting expansion into emerging markets in Asia and Europe by the end of 2023, aiming to broaden its user base and Creator partnerships.

## Funding rounds

- Seed, Jul 1, 2021, $7.5M — Animoca Brands Corporation Limited, Gaingels, NGC Ventures, GBV Capital, Red Beard Ventures, ArkStream Capital

## Investors

- Animoca Brands Corporation Limited — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- GBV Capital (https://capitalatlas.ai/funds/gbv-capital) — Seed
- Red Beard Ventures (https://capitalatlas.ai/funds/red-beard-ventures) — Seed
- ArkStream Capital (https://capitalatlas.ai/funds/arkstream-capital) — Seed