• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

1

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Niche raises $2.5 million to help Internet celebrities get paid

By
Erin Griffith
Erin Griffith
Down Arrow Button Icon
By
Erin Griffith
Erin Griffith
Down Arrow Button Icon
May 15, 2014, 9:56 AM ET
Add Fortune on Google for similar content.

FORTUNE — Last month, New York magazine dove into the weird world of Internet celebrity, profiling 18 people who are relatively unknown in the mainstream world, but wield massive influence on Instagram, Vine, YouTube, Tumblr and various other social networks. From the article:

“There is a parallel universe out there, on the internet, of celebrity—true, valuable, vast opportunities for reach and audience connection. Stars don’t just start online; they live there. For teenagers, there exists a whole other set of idols, who are so famous that “real” celebrities, like Kim [Kardashian]—not to mention corporations and the newly selfie-obsessed president of the United States—want to learn their secrets.”

A young startup in New York, created by former executives at BuzzFeed, Huffington Post, and YouTube, has positioned itself to help share those secrets. Niche connects corporations and brands to the stars of social media. “We work with all of those NY Mag people, and hundreds of others,” says co-founder Rob Fishman. “We’re the leading advertiser on Vine and Instagram.”

Today Niche announced it raised $2.5 million in venture funding to continue building out its platform and team. SoftTech led the around, alongside Lerer Ventures, SV Angel, Advancit Capital, William Morris Endeavor, Kevin Colleran, Gary Vaynerchuk and seed investor Box Group.

MORE: Craft kit startup Darby Smart raises $6.3 million to beat Hobby Lobby on the web

The combined reach of Niche’s 2500 social media stars (called “creators”) is more than 507 million followers. The company has run campaigns from 70 brand advertisers, including Procter & Gamble (PG), General Electric (GE), American Eagle Outfitters and the NFL.

The platform works as such: Advertisers on Niche’s platform get paired up with creators that are relevant to their message. Niche’s creators make Vines, YouTube videos, Instagram photos, and various other social content around that message and share it with their followers. (Brands get approval first.) The result is an engaging piece of branded content (not to mention an endorsement), like this Instagram photo of American Eagle clothing by Amymarie Gaertner. The photo garnered more than 18,000 likes.

http://instagram.com/p/kVTqPCQONm/

Or this Vine for NFL, by Kc James. More than 58,000 people liked it, and more than 23,000 people shared it.

https://vine.co/v/hLZlna5OdeD

 

Brands spread their campaign across five to 50 of influencers at a time to achieve a large reach. In that way, Niche works more like a good old fashioned digital media buy than hiring a celebrity spokesperson.

Fishman calls Niche a “native advertising factory” because it allows brands to reach large audiences on these social media platforms in a way that is native to the platforms themselves. As the long, long list of social media failures by brands shows, it’s difficult for a corporation to understand the nuances of Instagram or Vine as well as its most popular power users do. And new platforms with new cultural norms spring up by the month. Niche lets brands spread their message through savvy influencers, and it allows the savvy influencers to make some cash while doing it. In the last four months, Niche has paid 500 creators more than $650,000.

Of course, these social networks have native advertising products of their own. Fishman says the introduction of ads on Instagram and Vine will help Niche, because brands will pay to amplify the branded content that Niche’s creators made through Instagram’s advertising platform.

Niche has a team of 15. It has brought in $1.5 million in revenue and operated profitably since its launch last Fall. Earlier this week, Niche was named to Time Inc’s annual list of 10 NYC Startups to Watch.

About the Author
By Erin Griffith
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom
EconomyAsia Agenda
Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom
By Nicholas GordonJuly 29, 2026
2 hours ago
nyse
EnergyMarkets
Dow drops over 1,100 points as sinking tech stocks combine with jumping oil prices to drag markets down
By Stan Choe and The Associated PressJuly 29, 2026
2 hours ago
Trump, Sam Altman, and Demis Hassibis at the G7.
AIOpenAI
More than 1,200 AI workers across Anthropic, DeepMind, OpenAI, and Meta are asking for Washington’s help building an AI slowdown plan
By Beatrice NolanJuly 29, 2026
2 hours ago
A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting as traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026.
EconomyKevin Warsh
Wall Street is panicking over Kevin Warsh’s patience
By Eva RoytburgJuly 29, 2026
2 hours ago
Best certificates of deposit (CDs) for July 2026
Personal FinanceCertificates of Deposit (CDs)
Best certificates of deposit (CDs) for July 2026
By Glen Luke FlanaganJuly 29, 2026
4 hours ago
Best mortgage lenders of July 2026
Personal Financemortgages
Best mortgage lenders of July 2026
By Glen Luke FlanaganJuly 29, 2026
4 hours ago

Most Popular

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
Law
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
1 day ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
8 hours ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
7 hours ago
Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
C-Suite
Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
By Sarah GlodekJuly 29, 2026
16 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
Current price of oil as of July 29, 2026
Personal Finance
Current price of oil as of July 29, 2026
By Joseph HostetlerJuly 29, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.