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AsqMe Among Elite Startups Selected to Pitch at Prestigious Newport Investor Summit on September 27, 2024


News provided by

AsqMe Inc.

Sep 18, 2024, 15:50 ET

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New $600K Bridge Round Announced to Accelerate Creator Acquisition in Advance of Planned Seed Round Next Year

DANBURY, Conn., Sept. 18, 2024 /PRNewswire-PRWeb/ -- AsqMe, the leading customer service platform for content creators and the Creator Economy, is excited to announce its selection to present at the inaugural Newport Investor Summit. This highly anticipated event will gather top, forward thinking investors and cutting-edge startups from across the East Coast of the United States. With nearly 100 start ups considered, AsqMe is in an elite group of cutting-edge startups selected to present.

"We're thrilled to have AsqMe join us for the Summit. Their innovative approach truly stood out among a highly competitive group of applicants. We look forward to seeing their pitch and connecting them with investors who can help accelerate their growth," said Pat Sabatino, Investor Summit Co-Chair, Newport Investor Summit.

More than half our funding has come from investors and family offices in the Northeast, including Launchpad Venture Group where we're a portfolio company. We're excited to kick off our Bridge Round at this event.

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Founded just 18 months ago, AsqMe has raised approximately $1M in funding between an Angel Round closed in 2023 and a PreSeed Round closed in mid-2024. Since the beginning of the year, the company's unique, purpose built Q&A platform for content creators on YouTube, Instagram, TikTok and other social media platforms has experienced explosive month-over-month question growth of 23% and month-over-month revenue growth of 40%. On the heels of strong, consistent traction, AsqMe is raising a $600K Bridge to accelerate creator acquisition ahead of a planned Seed Round in mid-2025.

"We are honored to be among the very few companies selected to present to the distinguished investors, accelerators and industry leaders attending the Newport Investor Summit," said AsqMe cofounder James Alexander. "More than half our funding has come from investors and family offices in the Northeast, including Launchpad Venture Group where we're a portfolio company. With such a deep roster of prolific investors, we're excited to kick off our Bridge Round at this event."

With millions of questions asked each day across major social platforms, audiences and brands are desperate to connect with their favorite creators for advice, answers, recognition and collaborations. Meanwhile creators are overwhelmed with the questions generated by their content and need a new way to manage and answer questions at scale. Most creators receive 10-50 questions each month (some get hundreds), but only 16% of creators manage to answer them all, often spending hours or hiring help. Deploying state-of-the-art AI tools in a purpose-built Q&A workflow, AsqMe offers the missing piece in the New Creator Stack.

About AsqMe

AsqMe is the first customer service platform designed for the unique needs of content creators. Creators are overwhelmed by the millions of audience questions asked daily on YouTube, Instagram, TikTok and other social media platforms. But fans are really customers and as with any other business, failure to respond is costly. AsqMe is the Intercom for creators, providing an AI-powered, patent-pending universal inbox that helps creators aggregate, answer, and turn questions into opportunities for monetization, audience engagement, and content creation.

For more information, please visit AsqMe.com. For media inquiries or further information, please contact [email protected].

About the Newport Investor Summit

The Newport Investor Summit, taking place on September 27, 2024, is a one-day event designed to foster connections between early-stage startups and investors. The event is produced by RIHub, Rhode Island's Innovation Hub and The Greater Newport Chamber of Commerce. Newport is known for its rich maritime heritage. The city hosts world-class sailing events, including the America's Cup, and has a vibrant maritime industry. This deep-rooted nautical culture complements its naval presence, making Newport a unique blend of military and civilian maritime interests. The Newport Investor Summit will bring together industry leaders in healthcare, the military as well as early-stage startup investors.

Sponsors of the Newport Investor Summit include: Cox Business, JP Morgan, IBM, Marcum, Brown University Innovations, Rhode Island Life Sciences, the van Beuren Foundation and SiliconXL.

For more information on the Newport Investor Summit, please visit www.newportinvestorsummit.org or contact [email protected].

Copyright © 2024. AsqMe®, FirstDraft™ and ThankBank™ are trademarks of AsqMe Inc. All rights reserved. Patents pending.

Media Contact

Ethan Kunar, AsqMe Inc., 1 877.462.7763, [email protected], AsqMe.com

SOURCE AsqMe Inc.

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