Creator economy company Kajabi surpasses $5 billion in total payouts

A company that describes itself as the “best-kept secret” in the creator economy has passed a major milestone. Kajabi, a robust platform that lets users design and sell their own courses, has now paid out $5 billion since its inception.

Kajabi’s toolkit helps creators run marketing campaigns, utilize content templates, and engage with fans via CRM tools. The company’s most notable feature is its DIY course creation platform, which creators like Matt Steffanina and Cassey Ho have used to monetize their passions. In total, Kajabi counts 60,000 creators among its user base.

Though Kajabi’s history dates back more than a decade, much of its growth has occurred over the past three years. In 2020, it announced $1 billion in payouts. Since then, it has quintupled that figure. A big factor in Kajabi’s growth spurt has been its ability to support creators impacted by the COVID-19 pandemic. For example, Steffanina turned to the platform after he lost his ability to hold in-person classes. The result, in his own words, has been a steady source of income.

Subscribe for daily Tubefilter Top Stories

Subscribe

“For over a decade, Kajabi has relentlessly focused on putting the creator first,” added Kajabi CEO Ahad Khan. “Our entire

business is built on providing our customers with the best platform to build their business, brand, and audience. As more and more creators come to realize the importance of controlling their destiny by truly owning their business, we’re proud to be putting power into their hands.”

As Kajabi looks to sustain its pandemic-era growth, it will face an increasing amount of competition from online course providers. Some video platforms, such as YouTube, have developed first-party tools that resemble Kajabi’s signature product. Creator-led company Nebula has also dipped its toes into the waters of course creation. Meanwhile, companies like MasterClass have forged new ties with the creator community.

How will Kajabi set itself apart from the pack? Its appeal for small creators is a big selling point. A press release from the company states that the “majority” of Kajabi users who have earned at least $100,000 have “as few as 400 customers on average.”

So while a lot of companies have struggled to match their mid-pandemic numbers, Kajabi is in for the long haul. In the creator economy, it may not remain the best-kept secret for long.

Share
Published by
Sam Gutelle

Recent Posts

After cutting 15% of staff and saying goodbye to its CEO, Peloton must figure out what’s next

Peloton is dismissing a chunk of its workforce, including its top executive. Barry McCarthy announced that he is…

19 hours ago

Meta is using AI to power brand and creator matchmaking on Facebook and Instagram

Meta is looking to improve creator and brand experiences on its platform by investing in AI. The…

19 hours ago

Bob Does Sports cracks a cold one with new “Have a Day” tequila line

Bob Does Sports, the self-dubbed home of "brilliantly dumb sporting adventures" hosted by Robby Berger,…

19 hours ago

Billion Dollar Boy launches biz dev community for creators with flagship location in London

Influencer marketing agency Billion Dollar Boy is launching a new membership community that's "dedicated to…

21 hours ago

Millionaires: Giulia Amato on faith, finding her niche, and getting up at 4 a.m.

Welcome to Millionaires, where we profile creators who have recently crossed the one million follower…

1 day ago

Creators on the Rise: Celestial Sylvia reads the danger all around us

Welcome to Creators on the Rise, where we find and profile breakout creators who are…

2 days ago