Mandolin Closes $12M in Series A Funding

Mandolin, an Indianapolis, IN-based tech-focused digital fan engagement company, raised $12M in Series A funding.

The round was led by 645 Ventures and Foundry Group with participation from High Alpha, Marc Benioff’s TIME Ventures. In conjunction with the funding, Nnamdi Okike, Managing Partner & Co-founder of 645 Ventures, joined Mandolin’s Board.

The company intends to use the funds to accelerate the expansion of its livestreaming and digital experiences, to continue to innovate as the data and software leader in the field, and to invest in go-to-market resources.

Founded in 2020, and led by Mary Kay Huse, CEO, Mandolin is a digital fan engagement company which allows artists and venues to create connections with fans and grow through the music they produce. Mandolin Live+ digitally amplifies in-person shows; turning every live fan into a digital fan, opening up opportunities only available in the virtual realm, and helping artists deepen fan relationships through data.

FinSMEs

01/07/2021