Pepper Content Raises $14.3M In Series A Funding Round
Pepper Content, a global full-stack content marketplace, has raised $14.3 million (Rs 110 crore) in a Series A round led by Bessemer Venture Partners.
Lightspeed India Partners, Tanglin Venture Partners, and Titan Capital, and seasoned angel investors like Gokul Rajaram (DoorDash ), Kunal Shah (Founder of CRED), Ritesh Agarwal (Founder and CEO of Oyo), Ankur Nagpal (Founder of Teachable), and Dheeraj Pandey (Founder of Nutanix), also participated in the funding round.
As per the startup, the raised funds will be used to bolster its presence in the US market, along with diversifying offerings to newer categories like graphic design, language translations, and video content creation.
Pepper Content | Global Full-stack Content Marketplace
Founded by Anirudh Singla and Rishabh Shekhar, Pepper Content is a mediation platform that connects talented creators to organizations that require content. It enables marketers to connect with writers, videographers, designers, editors, translators, and illustrators across the world, using its AI algorithms.
Speaking about the development, the Co-founders of Pepper Content said,
“As we enter the next phase of our journey of revolutionising content creation across the globe, we are excited to have partners like Bessemer Venture Partners and other credible marquee investors. What Salesforce has done for sales, we will do for the content ecosystem.”
The startup constantly processes and mediates the demand-and-supply chain for content-based services. Working with a 150-member team, along with a creative talent network of more than 100,000 freelance professionals, Pepper Content has onboarded over 1,000 enterprises and fast-growing startups.
The startup works with more than 2,500 customers, including CRED, Groww, Hindustan Unilever, P&G, HDFC Bank, Adani Enterprises, TATA Capital, Binance, Google, and Adobe. In the last 14 months., the startup claims to have grown 16X in revenue. By the end of 2022, Pepper Content aims for a high double-digit ARR growth.
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