Creatd Investor Relations
Updates from Creatd's Investor Relations team.
Creatd, Inc. And Plant Camp, LLC Announce the Launch of Their First Product, a Healthy Take on Mac and Cheese for Kids
Creatd, Inc. (Nasdaq CM: CRTD) (“Creatd” or the “Company”), the parent company of Vocal, today announced its first collaboration in partnership with Plant Camp, a consumer packaged goods company, and the launch of their first product, a healthy take on mac and cheese for kids. Plant Camp is the inaugural partner of the Company’s corporate venture division, Creatd Partners, spearheaded by Creatd’s President and founder, Justin Maury, and Chief Operating Officer, Laurie Weisberg.
Creatd’s Vocal+ Subscriber Count Crosses 10,000, Weeks Ahead of Schedule
Creatd, the parent company of Vocal, today announced that it has converted its 10,000th freemium creator to a paid Vocal+ member, a milestone achieved several weeks ahead of management’s year-end guidance target. The Company has expanded its Vocal+ premium member base by over 33% in the last three weeks alone, while experiencing record low member acquisition costs.
Creatd, Inc. Q3 2020 Webcast - Justin Maury, President
This transcript is an excerpt from Creatd's Q3 2020 Webcast. Technology has always been our core focus at Creatd. That’s why we have allocated $2 million of proceeds of our recent equity financing to research and development, an amount equal to what was allocated to the marketing and sales focus you just heard about from our COO.
Creatd, Inc. Q3 2020 Webcast - Laurie Weisberg, COO
This transcript is an excerpt from Creatd's Q3 2020 Webcast. About Laurie Weisberg, Creatd's Chief Operating Officer: Previously served as the Chief Sales Officer at Intent, a leading data science company for global e-commerce brands, and prior to that held senior leadership positions at numerous technology companies, including as Chief Revenue Officer at Arianna Huffington's Thrive Global, and as part of the executive leadership team at Datalogix leading up to its acquisition by Oracle in 2015. Additionally, Laurie holds a seat on Creatd's Board of Directors and the advisory board of Crowdsmart.
Creatd, Inc. Q3 2020 Webcast - Chelsea Pullano, CFO
This transcript is an excerpt from Creatd's Q3 2020 Webcast. Thank you, Jeremy. Good morning everyone Third quarter 2020 revenues totaled $425,000 – a four-fold increase from the same period last year and a 32% increase from our last quarter. Our revenue increase is attributed, in part, to what you heard from Jeremy earlier – we have been experiencing a steady and continuous growth of creators upgrading to Vocal+ paid subscriptions, who pay either $9.99 per month or $99 for the full year. In fact, we’re seeing more and more Vocal+ members opting for a full-year plan as opposed to renewing monthly, which has yielded an increase in deferred revenues related to sub, from $5,000 last quarter, to $37,000 this quarter.