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Creadits

creadits.com

Founded Year

2014

Stage

Seed VC | Alive

Total Raised

$3.09M

Last Raised

$3.09M | 3 yrs ago

About Creadits

Creadits is a platform that matches advertisers with designers and allows them to engage in the communication required for creative production.

Headquarters Location

168 Robinson Road #12-01, Capital Tower

068912,

Singapore

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Latest Creadits News

Sumitomo Corporation in Europe Sumitomo Corporation Invests in Creadits, Digital Ad Production Platform Operator

Apr 28, 2020

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo), through its corporate venture capital Sumitomo Corporation Equity Asia (Head Office: Hong Kong Special Administrative Region), has invested in Creadits Pte. Ltd. (Head Office: Singapore), which is a subsidiary of Allied Architects, Inc. and provides CREADITS®, a creative platform for digital advertising production primarily in markets in Europe and the United States. Recently, with the rapid expansion of the digital advertising market, demand for creatives, such as images and videos, to be used in digital ads are increasing. Digital ads expose a wide variety of creatives in short cycles, so advertisers need to build a system for producing many creatives with short delivery times, which includes securing designers. Additionally, the process of creative production involves frequent confirmation between the advertiser and the designer, which increases time and cost needs, requiring automation and other improvements in operational efficiency. Creadits provides CREADITS®, a platform that matches advertisers with designers and allows them to engage in the communication required for creative production. By introducing the most suitable designer selected from affiliated designers around the world and enabling them to communicate on the platform until completion, Creadits helps to achieve high-quality creative production in a shorter time period at a lower cost. Creadits also provides support necessary for the use of digital ads, including proposals on advertising strategy and creative ideas. To promote efficiency improvement in creative production, Creadits plans to develop artificial intelligence (AI) business driven by the data accumulated on the platform. Through investment in and future cooperation with Creadits, Sumitomo Corporation aims to create new business in the digital advertising market where digital transformation, including automation, is expected to advance. Through investment in companies having innovative technologies and business models, Sumitomo Corporation will continue to contribute to the development of a broad range of industries in response to changes in social needs.

Creadits Web Traffic

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Creadits Frequently Asked Questions (FAQ)

  • When was Creadits founded?

    Creadits was founded in 2014.

  • What is Creadits's latest funding round?

    Creadits's latest funding round is Seed VC.

  • How much did Creadits raise?

    Creadits raised a total of $3.09M.

  • Who are the investors of Creadits?

    Investors of Creadits include Sumitomo Corporation Equity Asia, DNX Ventures and Allied Architects.

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