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Cameo

Creator Economy
Segments:
Videos/ live stream/ photography/ podcasts/ music
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Product stage:
Growth
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Cameo offers a platform where creators, such as influencers, celebrities, athletes, artists, and musicians, can provide personalized videos and shout-outs to fans as per their request, charging for each video from USD 5 to as high as USD 2,500. Creators who have a minimum of 20,000 Instagram followers are automatically admitted onto the platform, where they set their own price and can choose to accept a fan request or not within seven days. The creator must fulfill the request within a week, which the fan can download and share. Additionally, Cameo provides a messaging option for less expensive creator/fan interactions. Cameo takes a 25% commission on each transaction on the platform.

As of September 2020, Cameo had more than 30,000 creators across multiple industries. Cameo reported that it generated around USD 100 million in video transactions in 2020, with more than 2 million video messages being shared on its platform since launch, of which 80% were gifts for others. Furthermore, the company reported its creators and fans are based in 138 and 178 countries, respectively, with almost 20% of Cameos being purchased from outside of the US as of March 2021. For example, Cameo entered into a commercial partnership ( February 2022 ) with Softbank, an existing investor of Cameo, to add more Japanese creators and expand its platform in Japan as a culturally fluent localized version.

Cameo acquired marketing and merch company Represent (October 2021) whose clients include Jennifer Lopez, Ed Sheeran, Leonardo DiCaprio, and Matthew McConaughey, among others. The acquiring company will onboard the Represent team as well as Represent’s existing client relationships. In the near term, Cameo plans to allow fans to purchase “gift bundles” that pair a Cameo video with related merchandise from the creator. The company hopes to introduce new forms of creator-fan engagement, establish new creator revenue opportunities, and offer non-profit organizations a new way to raise funds.

Funding and financials

The company’s most recent funding round was Series C funding worth USD 100 million in March 2021, which valued the company at over USD 1 billion, achieving unicorn status. The funds are to be utilized to enhance the Core Cameo experience and capabilities, create new creator-fan engagement products (including Fan Clubs and Cameo Calls), and develop Cameo's B2B business. The company also plans to continue its international expansion.

Creator Economy

Creator Economy

Key stats
Featured companies
154
Total funding (USD)
7.1 Bn
Total addressable market (USD)
12.1 Bn
Key competitors
 
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Product Overview
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Product Metrics
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Company profile
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Recent Updates

Management news
Jul 19, 2023
Cameo announces additional layoffs to streamline operations
Creator Economy
Management news
Sep 15, 2022
Cameo appoints Glen Allison as Chief Operating Officer
Creator Economy
Management news
May 4, 2022
Cameo lays off nearly a quarter of its workers
Creator Economy
Partnerships
Feb 16, 2022
Cameo plans for Japan expansion with Softbank backing
Creator Economy
M&A
Oct 25, 2021
Cameo acquires fan engagement and marketing platform Represent
Creator Economy

Company Brief


HQ location:
222 W. Merchandise Mart Plaza Suite 1212 Chicago IL USA
Founded year:
2017
Employees:
251-500
Total Funding:
USD 190.8 million
Last Funding
USD 25.1 million, Mar 2024

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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