# Creative Market Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/creative-market-labs

- Industry: Software
- Headquarters: Austin, US
- Website: www.creativemarket.com
- Total disclosed funding: $7M
- Latest round: Series A (Jan 4, 2018)
- Investors on record: 2

## About

Creative Market Labs, Inc. specializes in providing a wide range of digital design assets to creative professionals and businesses, facilitating high-quality resource access for diverse projects.Founded in 2012 and headquartered in Austin, US, Creative Market Labs, Inc. operates as a digital marketplace for design assets. The company was acquired by Dribbble Holdings Ltd. in April 2020. Jaekyung Sung, the founder, previously led initiatives in digital design and entrepreneurship. Creative Market has successfully closed three deals, with its LATEST ROUND being a Series A of USD 7.05 mn led by Accomplice, contributing to a total amount raised of USD 7.05 mn and a current valuation of USD 40.178 mn.Creative Market offers a diverse array of digital design assets, including fonts, graphics, photos, videos, illustrations, and design templates sourced from independent artists across over 30 countries. These products cater to industries such as marketing, advertising, and web development, addressing the need for unique creative content within efficient design workflows. The platform serves a global clientele in North America, Europe, Asia, and Australia, fulfilling various design requirements across different markets.Creative Market generates revenue through a marketplace model where independent artists sell their design assets directly to consumers and businesses. Customers can purchase individual products or access curated collections through membership options. Special offers, such as a 15% discount for new subscribers, incentivize additional purchases. The pricing structure includes competitively priced typefaces and graphic bundles, supporting a wide range of design resources while fostering a community of creatives.Creative Market plans to leverage its recent funding from the Series A round to enhance its product offerings and expand into new geographic markets. The company will focus on launching new digital design assets tailored to meet evolving customer needs. Furthermore, Creative Market aims to expand its reach in regions such as Asia and Europe by 2022, with a focus on increasing market penetration and accessibility for creative professionals.

## Funding rounds

- Series A, Jan 4, 2018, $7M — Accomplice, Palm Drive Capital

## Investors

- Accomplice (https://capitalatlas.ai/funds/accomplice) — Series A
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Series A