Moroccan startup Crealo has raised 14.1 million in Seed funding from the 212Founders programme operating under CDG Invest, Kima Ventures, Evolem, Super Capital, and angel investors. This funding will help Crealo to consolidate its position in the copyright management market.
Established in 2021, Crealo stands out as the first European solution dedicated to comprehensively addressing copyright issues across various cultural and creative sectors. The startup boasts a diverse and prestigious client base, including Palais de Tokyo, L’Équipe, Beaux-Arts Magazine, and the Muséum national d’histoire naturelle, among others. The platform offers a sophisticated and user-friendly system that streamlines and automates the entire process of copyright royalty management in France.
“By using Crealo, publishers can calculate their rights in one click and make their payments immediately. We already have customers who have moved from an annual reporting frequency to a half-yearly or quarterly frequency. Our goal is to make royalty payments as fluid as a salary payment.” said Najlae Zeitouni, co-founder and CEO of Crealo.
“We are delighted to welcome the talented founders of Crealo. We are convinced that they will make a positive contribution to Morocco and participate in the emergence of entrepreneurial successes within the Moroccan community,” says Nawfal Fassi Fihri, Director of the 212Founders program. “We were impressed by the robustness of their technological solution in this market, which has great potential.”
