What is Flipagram?
Flipagram's core mission is to empower individuals to craft and distribute compelling video narratives enhanced by music. The platform facilitates the creation of 'Flips,' which are easily produced and consumed, transcending language barriers through the combination of photos, videos, and music. With tens of millions of monthly users globally, Flipagram has established itself as a prominent venue for musical artists, influencers, brands, and everyday users to share authentic stories that inspire engagement. The company holds comprehensive music licensing agreements with major record labels and music publishers, including Universal Music Group, Sony Music Entertainment, Warner Music, Merlin, The Orchard, Sony/ATV Music Publishing, Universal Music Publishing Group, BMG, Warner/Chappell, and the NMPA, enabling music integration in its video content.
How much funding has Flipagram raised?
Flipagram has raised a total of $74M across 2 funding rounds:
Angel/Seed
$4M
Series B
$70M
Angel/Seed (2013): $4M, investors not publicly disclosed
Series B (2015): $70M led by Kleiner Perkins Caufield & Byers, Index Ventures, and Steamboat Ventures
Key Investors in Flipagram
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world.
Steamboat Ventures
Steamboat Ventures, founded in 2000, focuses on helping young companies become market leaders. They invest in early to growth stage companies within the technology, media, and consumer sectors. The firm is dedicated to creating lasting value in each of its investments.
What's next for Flipagram?
The recent major strategic investment in Flipagram signals a pivotal phase for the company, likely aimed at accelerating its growth and expanding its market reach. This enterprise-level backing suggests a focus on scaling operations, enhancing platform features, and potentially exploring new monetization strategies. With a strong user base and established content creation tools, Flipagram is well-positioned to capitalize on the increasing demand for short-form, music-driven video content. Future developments may include deeper integration with music services, advanced creator tools, and expanded brand partnership opportunities, all supported by this substantial capital infusion.
See full Flipagram company page
