Crealo Raises $1.42 Million in Seed Round

Crealo, a Paris, France-based copyright-management platform, has raised $1.42 million in seed funding.

The investment was from The 212Founders program, part of CDG Invest, which also saw participation from notable entities such as Kima Ventures, Evolem, Super Capital, and a select group of business angels.

Founded in 2019, 212Founders is an accelerator/incubator based in Casablanca, Morocco. The firm seeks to invest in Africa, and Middle East-based companies operating in the technology, banking, finance, and insurance sectors. The 212Founders program by CDG Invest aimed at bringing out world-class startups linked to Morocco and Africa.

The company will use the funds to enhance the quality of its product, foster new partnerships, and expand its workforce, thereby accelerating its growth trajectory.

Founded in 2021 by Mohammed Belghiti and Najlae Zeitouni, Crealo focuses on providing solutions for copyright management in the technology sector, which counts Palais de Tokyo, Beaux Arts Magazine, and other institutions as its users. The company offers a software-as-a-service (SaaS) platform that automates the management of copyright rights, including automatic extraction of sales states, calculation of rights, generation of associated statements, centralized contract management, and facilitated accounting reconciliation. Crealo primarily serves sectors such as publishing, music, visual arts, video games, audiovisual, press, licenses, NFT studios, advertising, and toys. It is based in Neuilly-sur-Seine, France.

Funding Details

Company: Crealo, SAS

Raised: $1.42M

Round: Seed Round

Funding Month: January 2024

Lead Investors: The 212Founders

Additional Investors: Kima Ventures, Evolem, Super Capital

Company Website: https://en.crealo.app/