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Laylo Gets Strategic Investment

Los Angeles-based Laylo, a startup which helps creators "drop" tickets, merchandise, and content to their fans, says it has raised a round of strategic investment. Size of the investment was not announced. According to the company, the funding was led by Eldridge, and also included Third Prime Ventures, LVRN Management, Shane Mac (XMTP), Gil Weisblum (Ranger Global), Patricio Worthalter (POAP), Jonathan Strauss (Create Music Group), Damian Manning (HiFi), Summer Watson and Micah Johnson (Aku World), Sam Evitt (Method Music), and Moment Ventures. Laylo is led by co-founder and CEO Alec Ellin. The company said it is targeting creators in the music, podcasting, sports, fashion, gaming, and other categories.