Artistree Chosen for Newchip’s Intensive Global Pre-Seed Accelerator Program
November 10th, 2022
The company supporting the creator economy was among top applicants selected for Newchip’s online accelerator
Artistree, the first seller-friendly platform for digital creators –letting freelancers accept work safely, get paid fairly, and stay organized– was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The accelerator has helped over 2,500 founders from more than 50 countries and 250 cities raise over $2.2 billion in funding with an estimated portfolio of over $9B.
“Newchip evaluates a diverse number of companies across all industries from around the world, selecting a small percentage to join our accelerator,” says Brian Lee, Head of Product at Newchip. “This strict selection process makes us an ideal partner for investors looking for promising start-ups. Companies specializing within the creator economy, like Artistree, can scale quickly with proper funding and guidance. We are excited for Artistree, and believe they will do well at Newchip.”
“Being accepted into the Newchip Accelerator, we’re excited to connect with investors all over the world. More capital will help us position Artistree to transform the future of the creator economy,” says Ellery Kreloff, CEO. “In less than two months, we’ve had over 10,000 digital creators join Artistree, and that number is growing every day. But, it’s a long road,” she continued. “Partnering with Newchip will help us continue to support these thousands of creators in getting paid fairly for their work.”
Newchip is an online, global startup accelerator led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has enabled over 2,500 startups from 50+ countries to raise over $2.2 billion in funding with an estimated $9B portfolio. It has three distinct six-month accelerator programs based on company stage: Pre-Seed, Seed, and Series A. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between. To learn more, visit https://launch.newchip.com.