# Snipfeed

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

- Industry: Internet
- Headquarters: Culver City, US
- Website: www.snipfeed.co
- Total disclosed funding: $6.1M
- Latest round: Seed (May 5, 2021)
- Investors on record: 9

## About

Based in California, US, and founded in 2019, Snipfeed, Inc. operates as a social media platform that allows users and content creators to monetize all of their content in one place. The company was co-founded by Anas Bouassami, Pierre-Habté Nouvellon, and Redouane Ramdani and is backed by investors including Charles River Ventures and Abstract Venture in a USD 5.5 million Seed funding round in May 2021.

Snipfeed is a platform that allows followers to buy exclusive content, video, and tickets to creators' live streams, send tips, and access all of the creators' assets across the internet, such as merchandise and other social profiles through one customized link. Snipfeed has built-in analytics that enables creators to better understand, adapt and engage with their audience.

The company generates revenue through commissions from content creators. The company takes 15% inclusive of any transaction fees from the sales made by the content creators. It also has a referral program where creators can make 5% of sales from anyone they onboard to the platform. 

Snipfeed plans to build out its e-commerce tools so that creators can sell physical products on their link-in-bio. The company will also employ AI to help match brands to creators and will be launching a “Superfan” feature that enables followers to sign up for creator updates directly through text messages, helping creators become further connected with their top followers and less dependent on algorithms. The company also wants to develop educational content to show its users how to best monetize their platform

## Funding rounds

- Seed, May 5, 2021, $5.5M — CRV, ISAI, Abstract Ventures, ID8 Investments, Diaspora Ventures, Crossbeam Venture Partners, First Capital
- Seed, Feb 1, 2019, $0.6M — SmartHub Investments, Sequoia Scout

## Investors

- SmartHub Investments — Seed
- Sequoia Scout — Seed
- CRV (https://capitalatlas.ai/funds/crv) — Seed
- ISAI (https://capitalatlas.ai/funds/isai) — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- ID8 Investments (https://capitalatlas.ai/funds/id8-investments) — Seed
- Diaspora Ventures (https://capitalatlas.ai/funds/diaspora-ventures) — Seed
- Crossbeam Venture Partners (https://capitalatlas.ai/funds/crossbeam-venture-partners) — Seed
- First Capital (https://capitalatlas.ai/funds/first-capital) — Seed