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Going after social commerce for sportspeople, Millions gets $10M

TechCrunch

Millions.co , a social commerce platform geared towards professional and semi-professional athletes wanting help to monetize their fanbase by selling merch and/or on-demand video, has grabbed $10 million in funding led by Boston-based Volition Capital. “We love Cameo , but we’re really different and focused on sports.”

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FanDuel founder and Sequoia bet on Spanish-language fantasy sports app Draftea

TechCrunch

While he didn’t necessarily make it to the “big leagues” playing the sport, his new company Draftea aims to win over the 350 million sports fans in Latin America, Jaime Misrahi told TechCrunch in an interview. Draftea’s app charges sports fans a fee to draft a lineup of players and compete to win daily cash prizes.

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Fantasy sports app Champions Round raises $7M to build new content creator feature

TechCrunch

Champions Round , a fantasy league startup that caters to Gen Z sports fans, announced today that it raised $7 million in new Series A funding. Users, particularly Gen Z users, are moving away from traditional fantasy sports, where leagues are tied to entire seasons. participate in DFS, up 12% from 2019.

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“Link-in-bio” company Linktree raises $45M Series B for its social commerce features

TechCrunch

Linktree’s latest funding will be used on tools that make social commerce easier. This is in partly because people have been spending more time on social media and e-commerce shopping during the pandemic. Linktree raises $10.7M for its lightweight, link-centric user profiles.

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Social stock trading services Public raises $65M Series C

TechCrunch

Less than a year after it raised a $15 million Series B, Public , a social-focused free stock trading service, has raised a $65 million Series C. While competing services to Public also sport zero-cost trading, Public’s model hinges on a social focus (TechCrunch covered an element of Public’s social platform here , for example).

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Demand Curve: How to get social proof that grows your startup

TechCrunch

Nick writes actionable growth marketing insights as head of content at Demand Curve. Demand Curve: 10 lies you’ve been told about marketing. This is called social proof, which is a physiological effect that influences your decisions every day, whether you know it or not. How businesses use social proof.

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Social listening app Earbuds raises $3 million in Series A funding

TechCrunch

Ten years later, Earbuds has raised a $3 million Series A round for its social listening app, led by Ecliptic Capital with additional investment from the Andre Agassi Foundation and LFG Ventures. As streaming services like Spotify grow, social listening apps like Earbuds are emerging too.

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