Opulous
Latest round
- Seed
Last raised
- Feb 2021
Total raised
- $1.5M
Investors
- 4
About Opulous
Opulous is a platform focused on providing financial solutions for artists in the music industry.Opulous specializes in providing innovative AI and blockchain solutions tailored specifically for artists within the music industry. Their core offerings include a platform that enables artists to tokenize their music rights, allowing them to raise funds through fractional ownership. By leveraging blockchain technology, Opulous ensures transparent and secure transactions, catering to both emerging and established artists seeking to finance their projects.Opulous generates revenue through transaction fees associated with the sale of tokenized music rights and subscription services for artists utilizing their platform. In 2022, the company reported zero revenue and an EBITDA of USD -1,052,520. The revenue model includes B2B partnerships with music producers and record labels, which enhances its market reach. Additionally, Opulous may implement tiered subscription plans for artists seeking access to premium features and tools for token management and marketing. Furthermore, Opulous plans to expand into new markets, specifically targeting the Asian and European regions by the end of 2023, to capitalize on the growing demand for financial solutions in the music industry.
Who invested in Opulous
4 investors across 1 round
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Funding rounds
Seed
Feb 1, 2021
Amount
$1.5M
Investors
Questions about Opulous
Who invested in Opulous?
Opulous has 4 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 Opulous raised?
Opulous has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Opulous last raise money?
Opulous's most recent round on record is a Seed, in Feb 2021.
What does Opulous do?
Opulous is a platform focused on providing financial solutions for artists in the music industry.
Where is Opulous headquartered?
Opulous is headquartered in Singapore, Singapore.
Which VCs invest in companies like Opulous?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Opulous's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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