Excerp closes one of the largest friends and family rounds in Europe

Over the years, social media and online platforms have developed a major ecosystem for content creators. Today, content creators have become true influencers in fashion, politics, and every other aspect of life. However, the online content is still limited to video and visual content. Online written content, such as blogs, has been left behind. To help creators to grow and monetize their audience further,  Excerp is building a new platform to offer an intuitive, organized and engaging home for online written content.

Seeing that current content platforms have failed to scale bloggers and written content creators, Alfred Mallol, Majid Sebti, and Joan Cots, three Goldman Sachs alumni, decided to build a new platform. They worked on the technology throughout the Covid-19 pandemic, and founded the company in 2020 in London. In less than a year, Excerp has announced that it has secured a $5 million friends and family round, one of the largest of its kind in Europe, led by Hedge Fund Manager Edward Eisler and other employees of Eisler Capital.

Currently, Excerp has over 20 employees and will use the funding to accelerate the launch of its platform, which will create a new standard for content production, distribution and consumption of online written content.

Majid Sebti, co-founder of Excerp, said,

“Online written content market is broken. Nowadays, it is so difficult for content creators to be discovered by their audience. As a result, we see too many talented creators struggling to grow their audiences.”

About Excerp

Excerp is building a digital media platform that will change the way content is produced and consumed online. Excerp was founded in December 2020. The company is headquartered in London and has over 20 employees.