Overview

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Total Commitments ($USD)

Platform

SeedInvest

Start Date

02/08/2019

Close Date

04/01/2019

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$500

Security Type

Convertible Note

SEC Filing Type

RegCF / RegD 506(c)    

Valuation Cap

$6,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

04/29/2019

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$5,306

Momentum

Funded

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Gimme Radio

Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

Location

San Francisco, California

Company Website

Gimme Radio, the future of digital music, is raising crowdfunding on SeedInvest. The company has a valuation cap of $6 million. Gimme Radio is a music offering that can be accessed through the web, mobile, and Amazon Alexa. It offers a free radio service and a subscription offer to access archives programs. Currently, Gimme Radio specializes in Metals music and is soon to launch its second genre, Country. Gimme Radio was founded by Tyler Lenane, David Rosenberg, and Jon Maples. The current round of crowdfunding has a minimum target of $435,000 and a maximum target of $1,500,000. Registered users of Gimme Radio have grown by 800% since January 1, 2018, and were reported to be 127,500 as of January 25, 2019. The company is led by veterans in the industry and it was included in the Forbes music startup roundup in 2018.

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Founder Profile: The Music Industry Veteran Breathing Life Into Music Streaming

We all know Spotify and Pandora as the music streaming services of choice these days if for nothing else, they are the most widely known. But do they do enough for music fans and are they really the end-all-be-all for listening to music?

Tyler Lenane, Co-Founder & CEO of Gimme Radio doesn’t think so and after checking out the app, diving deep into discussion on his new music streaming service / community and learning more about the gaps in services like Spotify and Pandora, I am excited about the possibility Gimme Radio has to create a better music fan experience.

While most music services try and throw as much popular music as possible at you, Gimme Radio goes deep building engagement and community around music unlike anything you have seen to date. He is also a fantastic Founder and one of those individuals that is hard not to want to back. Check out our entire discussion below.

Read Founder Interview