• FOUNDING YEAR: 2013
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Crowdfunding for musicians, artists & content creators

PEOPLE

FOUNDERS:
Sam Yam, Jack Conte
Board Members and Advisors:
Dick Costolo, Danny Rimer
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Thrive Capital, Index Ventures, Charles River Ventures, Freestyle Capital, DFJ, Allen & Company, Accomplice, Charles River Associates, Atlas Venture, SV Angel, Alexis Ohanian, CAA Ventures, Rothenberg Ventures, Tyler, Kindling Capital, Initialized Capital, 122 West Ventures
KEY EMPLOYEES:
Sam Yam (CTO); Jack Conte (CEO)

TRACTION

VALUATION / MARKET CAP:
$450 MM in 2017

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$107 Million
DATE OF LAST FUNDING:
Sep 2017
TOTAL FUNDING COMMENT:
The company is planning to use the fund for expanding its team size and scaling up growth by recruiting more creators including videographers, political pundits, game developers, illustrators, musicians, and comedians (Sep 2017).
SEED & PRIOR FUNDING:
$2.1 Millions
SEED CLOSED ON:
Aug 2013
FUNDING SERIES:
SERIES A
$15 Million Closed: Jun 2014
SERIES B
$30 Millions Closed: Jan 2016
SERIES C
$60 Millions Closed: Sep 2017
LISTED:
NO

LATEST RESEARCH