Tech Company Financing Transactions
Beatdapp Software Funding Round
Beatdapp Software secured a $2.5 million Seed funding round on 10/16/2019. Investors included 500 Global, Hike Ventures and Panache Ventures.
Transaction Overview
Company Name
Announced On
10/16/2019
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
500 Global (Lead Investor)
Hike Ventures (Lead Investor)
Panache Ventures (Lead Investor) (Patrick Lor)
Proceeds Purpose
Beatdapp said this new capital will accelerate its market entry as well as the deployment of blockchain technology in the music industry.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Vancouver BC, V6B 0M6
Canada
Vancouver BC, V6B 0M6
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Beatdapp offers a tracking system that authenticates, verifies, and validates media streamed in real-time. The service reduces the tracking discrepancies between Digital Service Providers (DSPs) and rights holders, increasing royalty revenue for rights holders while limiting legal exposure to royalty lawsuits for DSPs. Think of it like a PWC for music play count.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Batey
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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