Community Musician
About this raise: Community Musician, with a valuation of $26 million, is raising funds on NetCapital. The entertainment technology company is revolutionizing the music industry by introducing its patent-pending technology. The technology of Community Musician is focused on providing a blockchain-based platform, an app, collectible music cards, artist sourcing, and rehearsal space rental to creators to help them turn their passion for music into a career. Scott Arey founded Community Musician in March 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for the acquisition of rehearsal space and general and administrative expenses.
Investment Overview
Invested : $35,566
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 09/27/2022
- Close Date
- 04/21/2023
$10,000
$1,070,000
$99
Equity - Common
Seed
RegCF
$1.00
$26,000,001
Company & Team
Company
- Year Founded
- 2018
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $259,985
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/21/2023 | Netcapital | $26,000,001 | $35,566 | Equity - Common | Funded | RegCF |