Starzly, online platform connecting consumers with celebrities raises Pre-Seed funding
Starzly, an online platform connecting consumers wanting a more personal interaction with celebrities and influencers, has raised a Pre-Seed funding round, led by Nama Ventures, with participation from Jabbar Internet Group, Woman Spark, and other notable angel investors.
• It’s impossible to get in touch with your favorite star with the big number of followers they have and even impossible to interact with them, in the meantime talents want to connect with their biggest fans and monetize their following. Starzly is the platform making it possible.
• Starzly was founded by Badr Kachibal and RedOne. Badr served as Digital Technical/Creative Director for Al Arabiya, Shahid.net, and MBC Group. RedOne is a celebrity himself and has been nominated for ten Grammy awards, and is one of the most successful and sought after record producers and songwriters in the world.
Co-Founder and CEO, Badr Kachibal said, "People are looking for an authentic and unique experience from their favorite celebrities, and Starzly makes it happen. The reviews we are getting, and the happiness that the videos create for people is priceless. Our ambition is to be the go-to-brand for personal shout-outs in the MENA region for entrepreneurs and brands – letting them aim for the moon while exploring the stars."
Read the full press release below.
Starzly, the platform that allows people to have a unique experience from their favourite stars, announced that it has raised an undisclosed amount in a Pre-Seed funding round, led by Nama Ventures, with participation from Jabbar Internet Group, Woman Spark, and other notable angel investors.
It’s impossible to get in touch with your favorite star with the big number of followers they have and even impossible to interact with them, in the meantime talents want to connect with their biggest fans and monetize their following. Starzly is the platform making it possible.
Starzly was founded in January 2020 by Badr Kachibal and RedOne. Badr, CEO, is very familiar with the Entertainment and EntertainTech space in the region, having served as Digital Technical/Creative Director for Al Arabiya, Shahid.net, and MBC Group. RedOne is a celebrity himself and has been nominated for ten Grammy awards, winning three. One of the most successful and sought after record producers and songwriters in the world, his work includes more than 70 international hit singles and stars such as Lady Gaga, Michael Jackson, BackStreet Boys, Jenifer López, Enrique Iglesias (and counting) with #1 singles.
"People are looking for an authentic and unique experience from their favorite celebrities, and Starzly makes it happen. The reviews we are getting, and the happiness that the videos create for people is priceless. Our ambition is to be the go-to-brand for personal shout-outs in the MENA region for entrepreneurs and brands – letting them aim for the moon while exploring the stars." says Badr.
"We have been nothing but impressed with the Starzly team’ says Mohammed Alzubi, General Partner of Nama Ventures. ‘Starzly is exactly what we look for in a preseed opportunity, a complementary founding team that is obsessed with delivering results. The team has deep domain expertise in the Entertain-tech and has been able to deliver a very engaging platform between superstars and their fans. We are honored and privileged to be working with the Startzly, learn from them, as well as add value on their high growth journey".
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July 2020 has seen a 45% drop in the number of deals, but total funding has increased by 72% when compared to the same month last year. Discover more trends and insights in our July 2020 Dashboard.