# Acqustic Platform SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acqustic-platform-sl

- Industry: Internet
- Headquarters: Sabadell, Spain
- Website: www.acqustic.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Apr 27, 2021)
- Investors on record: 3

## About

Acqustic Platform SL is a platform that connects independent musicians with fans, offering a variety of services including music releases, concert promotions, and multimedia content tailored to enhance the music experience.Founded in 2016 and headquartered in Sabadell, Spain, Acqustic Platform SL operates as a music platform that facilitates relationships between independent artists and their fans. Esteve Llado, the founder, has a history in the music industry, though specific details about previous ventures are not provided. The company has successfully completed 5 deals, with the most recent funding round occurring on April 27, 2021, when they raised EUR 430,000 in a Seed round led by DraperB1, Lanai Partners, and Tokavi, accumulating a total of EUR 430,000 raised to date.Acqustic operates as a platform dedicated to fostering connections within the independent music community. The core offerings encompass a diverse range of services that include music releases, concert promotions, and multimedia content such as videos and playlists. Their platform serves independent musicians and fans, providing a space for showcasing work while offering fans access to a variety of musical content tailored to their preferences. Recent projects include Ters's singles "De Sol a Sol" and "Tan Caprichosa," reflecting the company's commitment to artistic authenticity. Acqustic's services are marketed to audiences in Spain, Europe, and Latin America, with plans for broader outreach for live performances.In 2022, Acqustic Platform SL reported a revenue of EUR 856,472.60, while also noting an EBITDA of EUR -66,312.60 for the same year. The company's revenue structure is multifaceted, relying on partnerships with artists, music sales, streaming services, and ticket sales for live events, as well as direct-to-consumer transactions through subscriptions or memberships that provide fans with exclusive content and merchandise.Following their Seed funding round on April 27, 2021, Acqustic Platform SL will utilize the EUR 430,000 raised to bolster growth and consolidate its presence in Latin America and the United States. Their strategy includes the development of a new website intended to become a reference point for independent music, along with a revamped app for musicians. The company aims to attract more artists, collaborators, and international fans while expanding into these new markets.

## Funding rounds

- Seed, Apr 27, 2021, $0.5M — DraperB1, Lanai Partners, Tokavi

## Investors

- DraperB1 (https://capitalatlas.ai/funds/draperb1) — Seed
- Lanai Partners (https://capitalatlas.ai/funds/lanai-partners) — Seed
- Tokavi — Seed
