Renaissance, a Vancouver, BC-Canada-based platform for music superfans, raised a new funding round.
The company previously raised $2.3M CAD led by Blockchain Founders Fund and pre-seed led by Panache Ventures.
The new funding (the extension by Blockchain Founders Fund), a mixture of venture funding and non-dilutive funding through grant programs in Canada, enables Renaissance to 3x its active users while onboarding 1,000+ artists onto the platform.
Led by Arpan Deol, co-founder and CEO, and Devon Ulrich, co-founder and COO, Renaissance is a fan engagement platform uniting music superfans globally. With Renaissance, artists will unlock a new revenue stream, direct-to-superfan and utilize exclusive tools to connect deeply with their superfans. The mobile & web app allows fans to track their streams in real-time, enter exclusive artist giveaways, and join streaming parties and communities around their favourite artists. Alongside that, their artist platform plugs directly into the mobile/web apps enabling a seamless experience for the artist to connect with their most-engaged fans.
Since 2021, Renaissance has experienced growth across its mobile and web applications which has crossed 1M installs with zero marketing spend amongst superfans globally. The company tracks over 150M streams per month in real-time for their users and has seen over 200M participants across Streaming Parties.
FinSMEs
06/12/2023