Posted 2/28/2024, 5:44:00 PM
Creator Monetization Startup Passes Raises $40M Led by Mary Meeker's Bond
- Lucy Guo, 29, raised $40M in Series A funding for her new startup Passes, a creator monetization platform
- Passes helps influencers earn money directly from fans via exclusive content, messages, livestreams, calls, and tips
- Funding led by Mary Meeker's Bond, with participation from Emma and Jens Grede (Skims), Michael Ovitz, and others
- Guo previously cofounded AI startup Scale AI and runs her own VC firm Backend Ventures
- Passes currently supports 900 creators and 500,000 fans; top 10 creators on track to earn $1M+ this year