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COINTURK FINANCE > Startup > Hypefy AI Secures $7.2 Million to Automate Global Influencer Campaigns
Startup

Hypefy AI Secures $7.2 Million to Automate Global Influencer Campaigns

Overview

  • Hypefy AI raises $7.2M to automate influencer marketing campaigns using AI.

  • Series A funding led by AYMO Ventures includes Interactive Venture Partners.

  • Plans involve upgrading products and expanding across Europe and the US.

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Automation in influencer marketing receives a significant boost as Hypefy AI, based in Croatia, has successfully secured $7.2 million in a Series A funding round. Utilizing artificial intelligence, Hypefy AI intends to streamline the often cumbersome processes associated with influencer campaigns. The new funding round was led by AYMO Ventures, with contributions from Interactive Venture Partners, Oktogon Ventures, and other investors. Previously, the platform received seed funding from Fil Rouge Capital, emphasizing its potential to redefine the way campaigns are executed worldwide.

Contents
How Is Hypefy AI Reshaping Influencer Marketing?What’s Next for Hypefy AI?

How Is Hypefy AI Reshaping Influencer Marketing?

Influencer marketing traditionally involves numerous manual tasks, from spreadsheets and messaging to negotiations. Often, brands and agencies find themselves using multiple platforms to handle different phases of a campaign. Hypefy AI aims to resolve these challenges by offering a comprehensive AI platform that manages campaign execution. This includes tasks such as creator discovery, pricing, and performance tracking under one umbrella. Through automation, companies can maintain control over strategy while reducing their operational workload.

What’s Next for Hypefy AI?

Hypefy AI’s journey started in Croatia, an unconventional setting for such technology, yet its ambitions have always been global. With the latest investment, the platform plans to enhance product development and expand internationally. The company currently collaborates with high-profile clients like NIVEA, Unilever, and McDonald’s, supporting thousands of campaigns in 43 countries. “We built Hypefy so a brand can describe what it wants to achieve, stay in control of the key decisions, and let AI manage everything operational,” commented Stjepan Zelić, CEO and co-founder.

Before this recent development, Hypefy AI had made waves with its initial seed round, indicating an interest in revolutionizing campaign management. The company has so far managed more than 700 million impressions globally, underlining its increasing influence in the industry. Zelić further shared aspirations, “We started from Croatia, outside the usual AI and adtech hubs, but from day one we built for global campaigns. This investment helps us scale to a category-defining technology in fully managed creator marketing.”

This round of funding is earmarked not only for product enhancement but also for team expansion in Europe and the United States, showcasing its commitment to growth. The platform’s focus remains on aiding brands in launching campaigns across multiple markets with greater efficiency. Influencer marketing is a growing sector, and tools like Hypefy AI could become integral in shaping its future.

AI’s role is expanding in marketing, offering businesses more efficient workflows. Hypefy AI’s platform is an example of how AI can change campaign management, by automating tasks like content review and reporting, leading to more streamlined operations. Unlike traditional methods, which are time-consuming and labor-intensive, this approach cuts down human error, ensuring more consistent campaign execution.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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