Phyllo raises $15 million
Phyllo, a California-based startup offering third parties access to creator data, has raised $15 million in Series A funding from RTP Global, Nexus Venture Partners, Better Capital, and iSeed.
Founded in 2021, the startup provides developers with a single API that offers continuous access to verified, creator-permissioned data across platforms such as YouTube, Twitch, Discord, Spotify and TikTok. Some of the use cases include verifying creator identity and profile data, accessing content data and engagement metrics, and assessing creator income via “multiple sources.”
“We’ve been closely following Phyllo for a few months now. It’s amazing to see the great traction they are getting. It also validates that there is a strong need for a Plaid-like solution in this market. The creator economy and Web3 is only just starting to grow and companies like Phyllo will play a significant role in the growth of this market and RTP Global is proud to be a catalyst in this journey.” – Nishit Garg, partner at RTP Global.
“We are witnessing the meteoric rise of the creator economy, but the creators and the companies catering to them are plagued by a lack of easy, secure, and verified access to organized creator data, that remain siloed in numerous platforms. Phyllo is all set to address that key pain point. Think about what Stripe and Plaid did for payments and banking respectively – we believe that Phyllo will do the same for the creator and digital native economy.” – Jishnu Bhattacharjee, managing director at Nexus Venture Partners.