Rapchat, a Columbus, OH-based music-making app that allows rappers and and hip-hop artists to get discovered, raised $2.3M in funding.
The round, which brought total funding raised to date to $4M, was led by Adjacent.
The company intends to use the funds to invest in key hires across engineering, product, and marketing.
Founded in 2015 by Seth Miller, CEO, Rapchat enables anyone to create music on their phone. Users select from thousands of beats, record vocals, and apply editing tools like voice effects and mastering to create high-quality songs. Completed tracks can be shared privately among friends, with the broader Rapchat community, or to other social channels like Instagram and TikTok. The app will soon offer premium subscribers additional studio-quality tools and empower them to monetize their content by publishing directly on various music streaming platforms.
The company graduated the 500 Startups accelerator in 2018 and just recently launched the core studio product.
FinSMEs
03/05/2021