Vampr

Vampr

Bring live streaming to the world's largest professional network for creatives

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Security Type
Preferred Stock
Min Investment
$250
Location
Santa Monica, CA
Offering Date
October 09, 2020
Expected Close Date
February 05, 2021
Target Raise
$50.01K-$577.61K
Deal Notes

Price per Share: $17.73

Valuation
$9,600,000

Company Description

Many of us at Vampr started off playing the club circuit, and would eventually graduate to theatres and ultimately arenas. ​As part of that journey we had the opportunity to work with phenomenal creative minds across so many fields, from graphic designers to audio technicians, from lighting experts to marketing gurus.

​We understand a creative person’s requirements at every step of the journey. ​​We translate this to Vampr. We didn’t have to learn how to ​'find our audience'​, to use tech speak - we just spoke directly with them.

Our last crowdfund campaign saw us attract 1,150 investors, many of them Vampr users, from over 50 countries and all walks-of-life ranging from institutional investors to stay-at-home parents, music industry executives from Beatport, Warner & Sony to NHL players.

In this follow-on round we are pleased to announce our lead investor from the previous round, RZN8 Capital, has returned to lead once again.

We are also launching this round with the support of the Angels & Entrepreneursnetwork, founded by New York Times best-selling author Neil Patel. Our campaign is being brought to their community by David Weisburd, Co-Head of Venture Capital at 10X Capital.

Key Deal Facts

$1,850,000+ raised to-date from music industry executives, VC, angels and the crowd
Follow-on round from one of January’s largest crowdfunding campaigns with 1,150 investors
Connecting musicians and creatives in a post COVID-19 world
Facilitated 6 million professional connections in 190+ countries
Multi-award winning platform - named in Apple's Best of 2017 apps list
The future of social media - revenue generated from services rather than selling your data

Use of Proceeds

$50,015

  • App Development - $11,797
  • Sales and Working Space - $1,277
  • Marketing - $6,918
  • IT Operational - $463
  • Administrative Services - $220
  • Management (Wages and Bandlink Services) - $6,325
  • Offering Expenses - $20,013.76
  • Platform Fees - $3,000.87

$250,000

  • App Development - $93,942
  • Sales and Working Space - $10,166
  • Marketing - $55,085;  IT Operational - $3,684
  • Administrative Services - $1,750
  • Management (Wages and Bandlink Services) - $50,373
  • Offering Expenses - $20,000
  • Platform Fees - $15,000

$577,606

  • App Development - $228,500
  • Sales and Working Space - $24,725
  • Marketing - $134,000
  • IT Operational - $8,960
  • Administrative Services - $4,255
  • Management (Wages and Bandlink Services) - $122,514
  • Offering Expenses - $19,995.76
  • Platform Fees - $34,656.36

Management Team / Advisory Board Bios

Josh Simons
Co-founder and CEO
B.Bus. TMN 30 Under 30. Successful songwriter and indie record label manager with 10 million+ streams writing for artists such as Travis Scott and with his own band Buchanan, who have global touring experience with Carrie Underwood and Keith Urban

Baz Palmer
Co-founder
BA DipEd. Experienced tech entrepreneur with companies turning over $75M/annum. Best known as the songwriter and guitarist for multi-platinum selling band, Hunters & Collectors, one of Australia’s most popular acts and a ARIA Hall of Fame inductee

Russell Colman
Treasurer
B.Eng., M.Sc. 30+ years experience in tech R&D and startup ventures. Most recent venture, ATMECO, was acquired in 2014 by international private group operating worldwide

Chris Lowe
CTO
BA Info Systems. 20 years CTO experience running tech companies and providing hands-on technical leadership for engineering teams globally. Former clients include Sony Music and Volkswagen

Jessy Trengove
Head of Insights
B.Com., Dip.Lang. 5 years of international experience in tech startups. With a background in product management, operations and data analysis, her skills place her at the intersection of consumer and product

Josh 'Smithy' Smith
Head of A&R
BA Music Production. 6 years experience in music tech startups, with a focus on using innovation to lower the barrier to entry for young creatives whilst improving their commercial potential

Deal Notes

Price per Share: $17.73

Amount Raised : $0
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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