david dobrik

The Los Angeles-based disposable camera app Dispo, whose co-founder stepped down after one of his crew members was accused of sexual assault, confirmed it closed a Series A.

The boost for an undisclosed amount is a comeback for the startup marred by the scandal. Alexis Ohanian's Seven Seven Six, Unshackled Ventures, Endeavor, 35 Ventures and F9 Strategies led the round.

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Twenty-four-year-old David Dobrik rose to internet fame with a vlog crew known for comedy videos and then quickly used his cache to launch a buzzy camera app that pulled in more than $20 million from investors.

All that good will evaporated in days after allegations of sexual assault by a member of the Vlog Squad came to light. The situation has raised flags about how well investors vetted the startup's founders — and whether VC firms or brands should prepare for these situations when working with young influencers, who are increasingly creating their own brands and companies.

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Investors behind David Dobrik's app Dispo are beginning to cut ties.

The venture-backed startup lost its top investor Sunday night following an investigation into a sexual assault allegation against a former member of his vlog crew.

And two early investors have since released statements and confirmed they would donate any profits from from investments to organizations working with survivors of sexual assault.

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