Class101 Secures $2.6M Investment to Expand Creator Content Platform

On the 3rd, Class101, an all-in-one creator content platform, announced that it has received a $2.6 million (KRW 3.5 billion) investment from Strong Ventures.This bridge investment follows a $11.2 million (KRW 15 billion) funding round in October last year, bringing the total cumulative investment to approximately $61.5 million (KRW 82.5 billion).

Strong Ventures, Class101’s first investor, has participated in six funding rounds since the platform’s early growth stages, solidifying its role as a key partner.

Class101 has grown into a leading creator content platform in Korea, offering 6,000 online classes and supporting 130,000 creators. In 2024, the company achieved profitability in both operating income and net profit, improving per-capita sales and financial stability.

Since August, Class101 has been piloting ‘Creator Home,’ a customized page that integrates classes, communities, and merchandise sales for mega-creators, fostering a creator-centric business platform.

With this new investment, Class101 plans to focus on: ▲ enhancing the Creator Home service, including the development of items like coaching passes, ▲ recruiting creators and strengthening content in key areas such as economics, side hustles, art, crafts, and careers, and ▲ expanding corporate subscription services for employee training and welfare.

Ki-hong Bae, CEO of Strong Ventures, stated, “Class101, which we’ve supported since its early stages, is unlocking new possibilities in the creator economy and has already proven its market viability. We hope this investment will help Class101 expand its collaborations and content business globally, beyond Korea.”

Dae-sun Gong, CEO of Class101, said, “Since March last year, we’ve maintained consistent operating profits, strengthening our financial stability and laying the foundation for steady growth. This investment will further support creators in generating value and help us become the most desirable platform to collaborate with.”

Share

Leave a Reply

Your email address will not be published. Required fields are marked *