- Authoritive — a company that builds customized learning experiences over messaging technology for experts and creators — announced recently that it raised $5 million. These are the details.
Authoritive — a company that builds customized learning experiences over messaging technology for experts and creators — announced recently that it raised a $5 million round in seed funding. This funding round was led by Owl Ventures — who will take a board seat and included GMG Ventures.
This marks the first round of funding for Authoritive, which was launched in 2019 by veteran literary manager Christy Fletcher — who has worked with a wide array of notable authors: Jacob Lewis (who served as an executive at Conde Nast and founded his own content startup that was sold to Penguin Random House) and Gene Cohen (a technical founder with an extensive background in AI and messaging startups including Seated and VoodooVox).
Authoritive enables creators to adapt their expertise to virtually coach people over messaging platforms including SMS, iMessage, WhatsApp, Slack, and MS Teams. Combining audio, short video, and text-based instruction, participants engage with interactive content directly on their phone, or through their company messaging platform. And this new kind of learning experience — which combines learning design and push technology, facilitates two-way communication and personalized learning for individuals and teams.
Authoritive’s customers reflects a range of consumer-focused and enterprise content — from personal development and investing, food writing and cooking, to business thought leadership and consulting, as well as leaders in the faith space. And current collaborators include Gretchen Rubin, Denise Hamilton, Mark Bittman, Susan Cain, Danielle Town, Claire Shipman & Katty Kay, Tim Tebow, consulting firm Innosight, among others
KEY QUOTES:
“I spent years helping creators try to build sustainable business models that supported their entrepreneurial drive, but still left them with time to create. I realized there was a huge opportunity to use technology to help them reach their full potential, both in impact and revenue, while still offering their audiences the opportunity to learn directly from them.”
— Co-Founder Christy Fletcher
“We’re excited to build out our team in key areas to increase our capacity to meet current customer demand and support our creator community in the marketing and sales of these products. We’ll also continue to work on product innovation to deliver exceptional experiences for creators and their audiences.”
— Co-Founder Jacob Lewis
“Christy and the team at Authoritive really understand the needs of creators and in working with them, we’ve been able to reach a new audience and scale in ways we could not have imagined. Seriously.”
— Jennifer Aaker and Naomi Bagdonas — who co-teach a course on humor at Stanford’s Graduate School of Business and co-authored a bestselling book called Humor Seriously
“Authoritive’s platform brings together snackable and engaging content that offers convenience, personalization, and interactivity. The benefits of message-based learning have long been understood, but it has been difficult for experts and creators to take advantage of this medium. Authoritive finally makes it possible for experts/creators to easily build this type of content and make message-based learning a reality for a global audience.”
— Amit Patel, Managing Director at Owl Ventures
