Wednesday, September 20, 2023

Afterparty Gets $5M For AI Tools For Creators

Los Angeles-based Afterparty announced late Tuesday evening that it has raised $5M in a funding round. The company said the strategic growth round was led by Blockchange Ventures, and also included Acrew Capital, Act One Ventures, and Tamarack Global, plus Wilson Sonsini and Vinny Lingham. The company said it is developing tools and technology for "personal fan connections and monetization", using artificial intelligence. The company's CEO and founder is David Fields. The company says it is using AI to deliver live streaming, 1:1 chats, community events, collectibles, and soon will provide AI-created voice, photo, and video messaging to provide "24/7 interactions" between creators and fans.