HYPD, an enabler of a creator-owned marketplace, closed its seed funding round, raising $1.5 million from investors. The seed funding round was led by three different cohorts, that is, VCs such as Better Capital, Sauce VC and others; creators/influencer networks such as Bhuvan Bam, Tanmay Bhatt, and more; and sector experts such as CXOs of unicorn companies.
The company plans to use the funds to tap into one million content creators, as well as for the marketing and development of startups.