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      Sound.xyz's Logo

      Sound.xyz - Series A

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      July 12, 2023

      Financing amount

      $20M

      Valuation

      --

      Category

      Web3

      Subcategory

      Music Tooling

      About Sound.xyz - Series A

      Web3 music firm Sound has raised $20 million in Series A funding. a16z crypto led the round. Additional participants included Palm Tree Crew, A Capital, Sound Ventures, Collab + Currency, Scalar Capital, Snoop Dogg, Ryan Tedder and Tay Keith.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2009 144 [email protected]
      Corporate United States of America -- 9 [email protected]
      Fund Unknown -- 6 --
      Fund United States of America 2012 31 [email protected]
      Fund United States of America 2018 79 [email protected]
      Fund United States of America 2017 32 [email protected]
      Angel Investor -- -- 4 --
      Angel Investor United States of America -- 3 --
      Angel Investor Unknown -- 1 --

      Founders & Team

      David Greenstein's Logo

      David Greenstein

      Matt Masurka's Logo

      Matt Masurka

      Vignesh Hirudayakanth's Logo

      Vignesh Hirudayakanth

      Company Profile / Project Introduction

      Sound.xyz was founded to solve two major problems with the music industry: (1) the vast majority of songs go entirely unheard and 90% of streams go to the top 1% of artists and (2) artists earn a minuscule amount from each stream ($0.003 per stream), resulting in even the most talented artists struggling to making a living wage. 

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      *Fundraising Announcement: Click here