US creator economy startups hit a record low during the first quarter of the year in 2023. The good news is that, while nowhere near the mass investment of 2021, investments are increasing thanks to payments company Karat and link-in-bio and commerce startup Komi

In fact, U.S. funding for creator economy startups fell more than 52% to $255.4 million during the third quarter compared to the same period last year, according to the latest update from The Information’s Creator Economy Database.

Global funding for creator-related startups totaled $472 million, down 24% from a year ago. Of that, international funding totaled $217 million and got a boost from one larger deal: London-based Dice, an events discovery and ticketing startup for musical artists and fans, announced it raised $65 million in August. 

According to The Information’s funding tracking efforts, U.S. startups have raised nearly $9.6 billion, while international startups have raised $3.8 billion. 

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