Audius
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $5.5M
Investors
- 6
About Audius
Founded in 2018 and headquartered in San Francisco, US, Audius operates a decentralized music streaming service.1 mn from YZi Labs.Audius offers a decentralized music streaming platform designed to empower artists and enhance the listening experience for consumers. Their core product facilitates direct interactions between music creators and listeners, eliminating traditional intermediaries in the music industry. Audius leverages blockchain technology, allowing artists to upload their tracks and maintain control over their content while receiving fair compensation for their work. The platform serves a diverse user base, including independent musicians, record labels, and music enthusiasts across various geographical markets, including North America, Europe, and Asia.Audius generates revenue through a unique transaction structure that emphasizes direct interactions within the platform. The company operates on a model that allows artists to monetize their music through various channels, including premium subscription plans and partnerships with brands. Clients, primarily individual artists and music producers, engage with the platform by utilizing its services to distribute their music and connect with fans. The company is focused on launching new features aimed at improving artist engagement and user experience. Additionally, Audius is strategically targeting expansion into new markets in Europe and Asia by the end of 2022, further solidifying its presence in the global music streaming landscape.
Who invested in Audius
6 investors across 1 round
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Funding rounds
Series A
Aug 8, 2018
Amount
$5.5M
Investors
Questions about Audius
Who invested in Audius?
Audius has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Audius raised?
Audius has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Audius last raise money?
Audius's most recent round on record is a Series A, in Aug 2018.
What does Audius do?
Founded in 2018 and headquartered in San Francisco, US, Audius operates a decentralized music streaming service.
Where is Audius headquartered?
Audius is headquartered in San Francisco, US.
Which VCs invest in companies like Audius?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Audius's stage. Their profiles are linked below.
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