ππ½ Special Edition: Ganas and I invested in Distribute!
ββThis is a special edition of Lolita's Newsletter, monthly newsletter of curated actionable insights and resources for 20,000 underestimated founders, funders, and friends.
Hello everyone! As we celebrate Hispanic Heritage Month, I'm excited to announce that Ganas Ventures and I have invested in Distribute, a Latino-led startup, and we extend the invitation for you to join us in supporting this promising venture!
ππ½ββοΈπ¨ Catch up.
Last March, we launched Ganas Ventures. Since then, we invested in Latitudβs seed round, co-led by a16z/NFX, Aroundβs seed round led by Leap Global Partners, Shappiβs seed round led by Sixers Innovation Lab, Leadsalesβs pre-seed round led by Ulu Ventures, Masaβs seed alongside DCG, Storybookβs seed round alongside Magma Partners, Ask Alexβs pre-seed round led by Village Global, and others weβll be announcing soon. Weβve raised capital from unicorn founders and LP/VC thought leaders, and Ganas and I were featured on the Nasdaq Tower for our leadership in equity within the startup-VC ecosystem! Now, weβre excited to announce our latest investment into Distribute!
Ganas Ventures and I have invested in Distributeβs pre-seed round led by LiveOak Venture Partners and participation from Next Coast Ventures. Their advisors and angel investors also include Gordon Hempton, Co-founder of Outreach (US unicorn), Martin Gontovnikas, Marketing and Growth SVP of Auth0 (Argentine unicorn), Mada Seghete, VP of Marketing at Branch (US unicorn), and other notable sales and marketing tech experts.
π¦ ππ½ Distribute investment TL;DR.
Thereβs a lot to love about Distribute. They areβ¦
visionary founders with market-startup-fit in the martech industry
tapping into a growing $584B global content marketing market
12K waitlist and 180K community
top industry experts are both investors and advisors
Founders, apply for investment here. ππ½ LPs, apply to invest in Ganas here.
Distribute is a B2B workflow company that helps businesses generate leads and build pipelines through content and the power of community. By leveraging AI and automation, they enable companies to streamline content distribution and effectively engage their target audience. Beyond being an AI-driven platform, Distribute places strong emphasis on fostering communities, empowering users to create and share templates, and offering courses to help businesses maximize the impact of their content marketing efforts.
Team. The team behind Distribute is led by Andy Mewborn, a 2X Ironman and experienced entrepreneur. He has a strong background, having been an early employee at Outreach.io (valuation $1B+) and successfully sold his previous AI-based company. Andy also has a solid network with two GTM communities of over 5K people and an audience of over 152K. Tom Evans, the Founding Engineer/CTO, is an exceptional engineer known for his quick iterations and humorous leadership style. Tom and Andy have had a longstanding relationship since their time together at Start-Up Chile in 2015. With their combined expertise in engineering and customer success, this team is well-positioned to drive Distribute's success.
Traction. Distribute is a pre-launch and pre-revenue startup with a strong network, including 160k followers, 10k waitlist members, and connections from their experience at Outreach.io (an AI-sales industry unicorn), and their target is to reach $1M annual recurring revenue (ARR) in 2024.Β
Market. The content marketing market TAM is expected to be $584B by 2027 with a CAGR of 16.37%.
Catalyzing the future of content marketing. Distribute is disrupting the content marketing market with its community-powered platform that turns teams into mini-marketers. With AI capabilities and a focus on collaborative content workflows, they're revolutionizing how companies engage their audience and drive pipeline growth. This innovative approach is capturing the attention of venture capitalists who see the potential for Distribute to transform the industry and generate impressive returns.
Community-driven. Distribute has fostered a thriving community with over 180K members and a waitlist of 10K for their products. This engaged and supportive community is a testament to the value and impact of Distribute's platform, creating a network effect that amplifies its growth and success.
Roadmap. Distribute's team is focused on driving adoption through organic content creation, leveraging their large following and communities. Their plans include building strategic partnerships, integrating with key platforms, and more. With a clear vision and a strong execution plan, Distribute is poised to capture a significant share of the content marketing market and deliver substantial value to customers and investors alike.
π π You can also join the Distribute family.
Join the Distribute family as a customer and by becoming a Ganas LP.
β¨ βLolita Taub,Β GP at Ganas Ventures | twitterΒ |Β luma
βββDisclaimer: Ganas Ventures is a 506c fund that allows us to publicly solicit for our raise. All are welcome to apply to become an LP; however, commitments to Ganas Ventures will only be accepted by accredited investors.Β
Having done content marketing myself for a number of years, I was skeptical about Distribute's offerings. Thanks to the link you provided I could check them out myself. Yes, they have the potential for be really big. It's such a smart use of AI as a tool to speed up and make content creation more effective. I wish them and Ganas all the best.