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Sound.xyz - Series A
Overview Investors Founders Company Profile / Project Introduction
Overview
About Sound.xyz - Series A
Web3 music firm Sound has raised $20 million in Series A funding. a16z crypto led the round. Additional participants included Palm Tree Crew, A Capital, Sound Ventures, Collab + Currency, Scalar Capital, Snoop Dogg, Ryan Tedder and Tay Keith.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 137 | businessplans@a16z.com | ||
| Corporate | United States of America | -- | 8 | opportunities@palmtreecrew.com | ||
| Fund | Unknown | -- | 5 | -- | ||
| Fund | United States of America | 2012 | 31 | info@sound-ventures.com | ||
| Fund | United States of America | 2018 | 77 | info@collabcurrency.com | ||
| Fund | United States of America | 2017 | 32 | info@scalar.capital | ||
| Angel Investor | -- | -- | 4 | -- | ||
| Angel Investor | United States of America | -- | 3 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- |
Founders & Team
David Greenstein
Matt Masurka
Vignesh Hirudayakanth
Company Profile / Project Introduction
Sound.xyz was founded to solve two major problems with the music industry: (1) the vast majority of songs go entirely unheard and 90% of streams go to the top 1% of artists and (2) artists earn a minuscule amount from each stream ($0.003 per stream), resulting in even the most talented artists struggling to making a living wage.
*Fundraising Announcement: Click here
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