Gigmor

Music discovery, booking & ticketing platform. The anti-Ticketmaster solution for live music.

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Categories
Technology, Financial Services, Retail, Entertainment, Other
Min Investment
$250
Location
Beverly Hills, CA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$750.00K
No. Investors
147
Security Price
$0.58
Website
gigmor.com
Number of Employees
7
Cash
$1,294
Revenue
$27,476
Short Term Debt
$81,951
Cost of Goods
$3,829
Long Term Debt
$4,011,850
Net Income
$-628,460

Key Deal Facts

🤘 Music Platform helping independent musicians get booked, earn income and grow their fanbases
⭐️ 100,000 artist, venue and fan accounts — growing 30% per month
🤑 $250K Annual Revenue, growing 200% YoY with multiple revenue streams
⭐️ Sticky subscription product that has just 1% monthly churn rate - better than Spotify's 3.9%!
🤘 Partnerships with iconic music brands: SXSW, BMI, SoundCloud, Whisky a Go Go & The Mint.
🤑 Independent artists are the growth engine of the $120B music industry, w/revenues growing 30% YoY
⭐️ Executive Team from America Online (AOL), QVC, Hewlett Packard, Expedia and Salomon Smith Barney
🤘 Key Investors: Aerosmith's Tom Hamilton, Capital Group Portfolio Mgrs. and AOL's Former CMO

Management Team / Advisory Board Bios

Tom HamiltonMusician and Songwriter, Aerosmith, Jan BrandtFormer Vice Chair & CMO, America Online, Alex AminCo-CEO, Talent Systems, Todd JamesFormer SVP, Portfolio Manager, Capital Group, Ted SamuelsFormer Global Equity Portfolio Manager, Capital Group, Brian KennedyAnalyst/Portfolio Manager, Capital Group, Alex FriesSerial Entrepreneur with multiple exits. Now Venture Capitalist., Lewis StantonCEO, World Gym International, Eric FleissCEO, Regent Properties, Todd ChristiansenVenue Owner, The Mint, David Baird Founder & CEOSerial entrepreneur, technology executive and musician/bandleader. Previously founder of Troubadour Digital Media, a digital agency. Former head of AOL’s E-Commerce group, overseeing growth from $0 to over $1B in revenue., Tracy Eumont Co-FounderGigmor Co-Founder, Head of Product, Chief Brand Officer. 20+ year tech career that includes extensive experience spanning marketing, business development, product design and e-commerce. Oversaw the growth of AOL's Shopping Channel to 20M MAU., Mac DziedzielaCTOSenior technology executive and entrepreneur with over 20 yrs experience at blue chip companies like HP and Expedia. Oversaw technology development for Pottermore, a platform with over 18 million users and over 150 million page views a month.
Amount Raised : $274,754
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