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Humanz, a marketing platform for content creators and brands, has entered the U.S. market, the company announced on Thursday.
Having launched in Israel in 2017, Humanz has gained strong traction in global markets, including Europe, Latin America, South Africa, and the Middle East. Currently, Humanz works with over 300,000 content creators and has facilitated more than 15 million creator collaborations, contributing to nearly $500 million in sales.
As influencer marketing spending becomes a significant part of the wider marketing space– and is now estimated to be a $250 billion industry— Humanz’s U.S. expansion demonstrates the increasing demand for marketing tools designed for content creators.
Image Credits: Humanz
Humanz is a platform where brands can create and publish campaigns, and influencers can submit bids and apply to participate. Brands have access to a talent discovery hub, management suite, and campaign builder and get real-time insight into a campaign’s return on investment (ROI). Influencers can see their content performance data, audience insights, and conversion rates, as well as discover potential collaborators. Companies can communicate directly with creators through the platform.
Notably, Humanz also offers a separate product for talent managers.
“We’ve noticed that a lot of influencers are managed through agencies, so it would make a lot of sense to have [talent managers] on board as well with a dedicated platform that they find value in where they can manage their entire roster in a smart and efficient way and also get those same insights delivered to them,” Roee Zelcer, U.S. CEO of Humanz, told TechCrunch. “All three players can sit in one space, communicate openly with each other, and are all transparent… It’s leveled the playing field for everyone.”
Humanz uses AI to analyze social media profiles to generate detailed influencer profiles and predict conversion rates for every creator based on past campaigns, Zelcer explained. So, when brands want to find influencers for a niche product, Humanz’s prediction model can forecast their conversion rate.
“The reason we’ve become market leaders is because of that [AI] technology,” Zelcer said.
Image Credits: Humanz
Humanz quietly launched the U.S. offering at the beginning of this year. There are currently around 3,000 influencers in the U.S. registered on the platform and about 20 brands, including Google, Group M, L’Oréal, McDonald’s, Nestlé, Omnicom, P&G, Unilever, and Zara.
The platform has since launched new features designed for creators. For instance, Humanz revamped its campaign discovery feed to include filters so users can find campaigns with a flat fee or affiliate-only campaigns.
This feature was developed based on feedback from Valeria Lipovetsky, the company’s new chief creator officer, who is responsible for providing insights based on her own experience as a creator. Lipovetsky hosts the “Not Alone” podcast and has over 6.5 million followers on Facebook, Instagram, TikTok, and YouTube.
She also contributed to the conceptualization of an upcoming feature that will ensure users are paid three days after closing a brand deal and uploading the necessary content.
“We will make sure that they get paid within three days, meaning we’re going to take the risk, and then we’re going to charge the brand, but we are going to pay the influencers out of pocket within three business days,” Zelcer said.
Humanz plans to launch the tool in the next few months. It will first be available in the U.S. before being introduced globally. The company will partner with several finance companies to fuel the feature.
Image Credits: Humanz
The platform is free for anyone to join, and Humanz takes a 10% commission fee on what brands pay influencers on the platform. For example, if a brand negotiates to pay 10 influencers a total of $10,000, they would also need to pay $1,000 as a commission fee to the platform.
Humanz has raised $17 million in funding to date, with support from investors like Yuval Tal, the founder of payment company Payoneer. The company intends to raise a Series B funding round to support its expansion in the U.S.
