Morocco-based copyright-management platform Crealo has raised $1.42 million in Seed funding from the 212Founders programme operating under CDG Invest, Kima Ventures, Evolem, Super Capital, and angel investors.
Founded in 2021 by Mohammed Belghiti and Najlae Zeitouni, Crealo helps cultural and creative institutions manage copyrighted material through an online platform. The startup boasts a diverse and prestigious client base, including Palais de Tokyo, L’Équipe, Beaux-Arts Magazine, and the Muséum National d’histoire naturelle. Its platform is tailored to cater to organizations of varying sizes, offering a sophisticated and user-friendly system that streamlines and automates the entire process of copyright royalty management in France.
Crealo’s innovative approach allows publishing houses to calculate and disburse royalties with unprecedented ease and efficiency. The platform has already enabled several clients to transition from annual to semi-annual or quarterly royalty settlements, reflecting its effectiveness and the added convenience it provides. Najlae Zeitouni, Co-founder and CEO of Crealo, emphasises the company’s commitment to making royalty payments as seamless as salary disbursements.
This infusion of capital marks a pivotal moment for Crealo, enabling it to solidify its position as a leading solution in the realm of copyright management.
The funds will be instrumental in enhancing the quality of Crealo’s product, fostering new partnerships, and expanding its workforce, thereby
The 212Founders programme has been at the forefront of promoting entrepreneurship and advancing economic sophistication in Morocco. Since its inception in 2019, the programme has successfully executed 18 financings in both Seed and Series A stages, cumulatively reaching an impressive 97 million dirhams.
Nawfal Fassi Fihri, Director of the 212Founders programme, expressed enthusiasm about welcoming the talented team behind Crealo into the fold of Moroccan entrepreneurial successes. He lauded the robust technological solution that Crealo brings to a market brimming with potential, underscoring the startup’s promising prospects in revolutionizing the management of copyright royalties.