OME Audio
About this raise
OME Audio, with a valuation of $4.5 million, is raising funds on ChainRaise. The company is revolutionizing the streaming industry using blockchain so artists can earn revenue from their creative work. OME Audio uses blockchain technology to merge streaming with a traditional retail model and marketplace to ensure that artists have direct control over the distribution of their work and retain about 92-98% of their earnings. Clay Hawkins founded OME Audio in May 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, research and development, future wages, repayment of debt, and general working capital.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- ChainRaise
- Start Date
- 01/16/2024
- Close Date
- 11/14/2024
$25,000
$500,000
$66
Equity - Common
Early Stage
RegCF
$0.66
$4,500,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$2,959
as of FY2023
-
Runway
-
4.2 months
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/14/2024 | ChainRaise | $4,500,000 | $0 | Equity - Common | Not Funded | RegCF |