DSTLRY, a pioneering force in the comics and digital collectibles industry, has successfully raised $5 million in a recent seed funding round.
This latest influx of capital brings the company’s total funding to $7.4 million since its establishment in 2022. The funds are earmarked for expanding DSTLRY’s digital marketplace and securing additional content deals, according to David Steinberger, CEO of DSTLRY.
The funding round marks a significant milestone for DSTLRY, as it continues to innovate in the realm of digital collectibles. The company’s unique creator-owned model empowers top-tier creators by providing them with new revenue opportunities through digital collectibles and other innovative activations. This approach not only attracts leading talent but also offers fans an enhanced experience with exclusive content and collectibles.
David Steinberger emphasized the importance of this latest investment, stating, “This funding, along with the addition of Gregory’s expertise to our board, is a major step forward for DSTLRY. Our commitment to a creator-owned platform allows us to bring the best talent to our marketplace, enabling them to monetize their work in new and exciting ways.”
The announcement follows DSTLRY’s impressive showing at the 2024 San Diego Comic-Con (SDCC), where the company not only won an Eisner Award but also sold out of all their products. At the event, DSTLRY unveiled state-of-the-art technology designed to revolutionize the digital collectibles space. The company’s success at SDCC underscores its potential to reshape the comics and digital collectibles industry, especially with its creator-friendly approach that includes offering 3% equity to creators who release their projects on the platform within the first three years.
With this new funding, DSTLRY is poised to further enhance its digital marketplace, offering an expanded range of features and content that will solidify its position as a leader in the next generation of comics and digital collectibles. As the company continues to grow, its focus remains on providing creators with the tools they need to succeed while delivering fans the cutting-edge experiences they crave.
