Swoon City Music
Early Stage
Swoon City is an independent music company looking to turn the music industry on its head.
Overview
Raised: $10,908
Total Commitments ($USD)
Platform
Netcapital
Start Date
05/22/2018
Close Date
04/30/2019
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$99
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$5,002,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2019
Days Remaining
Funded
% of Min. Goal
109%
% of Max. Goal
10%
Likelihood of Max
Funded
Avg. Daily Raise
$32
Momentum
Funded
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Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Location
Brooklyn, New York
Swoon City Music is a record label and music publishing company who’s founding team has been in the music industry for over 30 years of combined experience. Swoon City owns all of their song compositions and master recording rights, and their music is distributed by Caroline, a division of Capitol Music Group (Universal). They believe in “quality over quantity,” meaning they focus their resources on each of their artists, so that each possibility and opportunity for those artists is pursued. Rather than the current industry, where artists are picked up and dropped quickly, Swoon City truly supports their artists. So far, the have brought the world the noteworthy artists Blond Ambition and Zuli. Blond Ambition has 2 million lifetime streams and Zuli has 1.5 million lifetime streams.
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