Kin Community

Kin Community Raises $13.5 Million In Fresh Funding, Eyeing Push Into Australia, The U.K.

Women’s multi-channel network Kin Community, which represents bold-faced YouTube stars like Rosanna Pansino and Hannah Hart, has reportedly raised $13.5 million in a series D funding round. This brings total cash raised by the five-year-old, Santa Monica, Calif.-based company to $40.5 million, according to The Wall Street Journal, which was first to report the funding round.

The round was led by Emil Capital Partners. And, as funds will be primarily allocated toward international expansion, several investors were from outside the U.S., including Germany’s Tengelmann Group, Canadian TV company Corus Entertainment, and Australian digital publisher Allure Media.

Kin plans to break into Australia this year in a joint venture with Allure, according to the Journal, and then launch in the U.K. in 2017.

Subscribe for daily Tubefilter Top Stories

Subscribe

Kin currently counts a relatively small stable of 150 creators and says its 650 million monthly views are 77% female. Its creators, including the recently signed Jenn Im and Stephanie Villa, have emerged from various platforms and primarily target post-college-age young women with lifestyle-leaning content about home, DIY, traveil, and food.

CEO Michael Wayne said that the company’s strategy for global expansion is to partner with international companies, thereby connecting Kin with local advertisers and influencers across the globe. This is how Kin pushed into Canada in 2014, Wayne told the Journal, when Corus helped link the company with Canadian advertisers and creators. Today, it reps more than 30 Canadian influencers and has worked with local brands like Motrin and Baskin Robbins.

Share
Published by
Geoff Weiss

Recent Posts

At Coachella, Justin Bieber flipped the camera — and reminded us how YouTube changed everything

It's been years since we last encountered a piece of Justin Bieber drama worth chewing over, but…

20 hours ago

With The Overlap’s acquisition of Mark Goldbridge’s channels, the soccer world bets on YouTube

The spending spree on YouTube soccer content shows no signs of abating. The latest injection of capital…

20 hours ago

YouTube joins Peacock with official live coverage of Eurovision in the U.S.

The United States doesn't participate in the Eurovision Song Contest, but it now boasts two official…

22 hours ago

YouTube is actually giving viewers fewer ads on livestreams

You might want to sit down for this news. YouTube is rolling out updates for…

22 hours ago

Jacksepticeye is making a Bloodborne movie

In 2024, during Jacksepticeye's annual Thankmas fundraising stream, a viewer asked him what he was…

23 hours ago

Roblox’s new Plus program will pay creators for signups–and eat the cost of item discounts so their earnings don’t go down

Roblox is launching a new monthly subscription program that gives players discounts on in-game purchases--but…

2 days ago