Sound.xyz
Latest round
- Series A
Last raised
- Jul 2023
Total raised
- $25M
Investors
- 13
About Sound.xyz
xyz provides a platform for music creation and distribution.xyz offers a unique platform tailored for the electronic dance music (EDM) community, providing tools for musicians and fans to create, share, and engage with music through NFTs. Its services enable artists to maintain ownership over their creations and receive direct compensation, while fans gain authentic access to their favorite artists.xyz generates revenue primarily from minting and transaction services pertaining to music NFTs, where artists and users can buy, sell, and trade music assets. The revenue model includes a commission structure on transactions, facilitating exchanges between creators and their audience. The company aims to develop new tools tailored for artists and fans, aiming for a rollout in the next year.xyz is targeting expansion into new markets within Europe and Asia by late 2024, seeking to broaden its reach in the global music ecosystem.
Who invested in Sound.xyz
13 investors across 2 rounds
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Questions about Sound.xyz
Who invested in Sound.xyz?
Sound.xyz has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sound.xyz raised?
Sound.xyz has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Sound.xyz last raise money?
Sound.xyz's most recent round on record is a Series A, in Jul 2023.
What does Sound.xyz do?
xyz provides a platform for music creation and distribution.
Where is Sound.xyz headquartered?
Sound.xyz is headquartered in San Francisco, US.
Which VCs invest in companies like Sound.xyz?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Sound.xyz's stage. Their profiles are linked below.
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