YEAY is a technology company.
YEAY has raised $5.0M across 1 funding round.
YEAY has raised $5.0M in total across 1 funding round.
YEAY has raised $5.0M in total across 1 funding round.
YEAY GmbH is a Berlin-based technology company operating a user-generated content (UGC) platform that connects brands with creators and influencers for video-based e-commerce and marketing collaborations.[3][5] It enables creators of all sizes to discover brand challenges, produce short shoppable videos, and earn rewards, initially targeting Gen Z (ages 13-18) with Snapchat-style content to redefine mobile buying and selling.[1][2] The platform solves the challenge of authentic, organic brand promotions by simplifying collaborations, bypassing lengthy negotiations, and leveraging blockchain for creator monetization, serving brands seeking viral marketing and young creators aspiring to entrepreneurship.[2][3]
YEAY has shown early growth momentum, achieving 500,000 downloads and 100,000 registered users by mid-2017 after beta launch, with a $4.9M seed round and total funding under $5M.[2][3] It has evolved into a social commerce tool, including initiatives like the 2021 YEAY House in LA to boost blockchain adoption among Gen Z influencers.[3]
YEAY was founded by Melanie Mohr, who serves as CEO, drawing from her observations of traditional home shopping channels' struggles to adapt to mobile—where long segments fail to engage younger audiences—and the rise of short-form video on platforms like Snapchat and YouTube.[2] The idea emerged around 2016, launching in beta that year with a focus on empowering Gen Z as creators through product videos, brand challenges, and peer-to-peer selling.[2] Early traction came quickly, hitting 500,000 downloads and 100,000 users by 2017, fueled by organic viral marketing akin to YouTube influencer campaigns.[2]
A pivotal moment was the $4.9M seed funding in June 2017, led by Grazia Equity and Mountain Partners, with participation from high-profile investors like former Deutsche Telekom CEO René Obermann and consumer goods executives Elio Leoni Sceti and Erhard Schoewel.[2] This capital supported expansion of brand partnerships and UGC features, humanizing Mohr's vision of Gen Z's creator economy.[2]
YEAY rides the creator economy and social commerce wave, capitalizing on Gen Z's desire to monetize content amid the explosion of short-video platforms like TikTok and Instagram Reels.[2] Its 2017 timing was prescient, predating mainstream UGC e-commerce booms, as mobile video reshaped retail—filling gaps left by traditional channels unable to go viral on phones.[2] Market forces like influencer marketing's growth (projected to hit billions) and blockchain's push for decentralized rewards favor YEAY, positioning it to influence how brands tap micro-influencers for authentic ads over polished campaigns.[3]
By democratizing access for small creators, YEAY contributes to a more inclusive ecosystem, amplifying Gen Z voices in e-commerce and accelerating blockchain's consumer adoption through fun, rewarding experiences.[3]
YEAY's pivot to blockchain-enhanced UGC positions it for expansion in a maturing creator economy, potentially scaling via AI-driven matching or global brand partnerships amid rising social commerce (e.g., TikTok Shop trends). Upcoming trends like Web3 creator tools and AR try-ons could supercharge its video platform, evolving influence from Gen Z niche to broader influencer marketing dominance. As mobile e-commerce surges, YEAY stands ready to redefine authentic buying—starting with empowering the next wave of creators, just as Mohr envisioned.
YEAY has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in June 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2017 | $5.0M Seed |