Sonicbids
Date | Investors | Amount | Round |
---|---|---|---|
$4.5m | Series A | ||
$15.0m Valuation: $15.0m | Acquisition | ||
Total Funding | €4.1m |
Recent News about Sonicbids
EditSonicbids is an innovative online platform that bridges the gap between musicians, music promoters, and major brands. The company operates in the music industry, providing a digital space where bands can find gigs, promoters can discover new talent, and brands can engage with fresh music. Sonicbids serves a diverse clientele, including independent musicians, music promoters, event organizers, and major brands looking to connect with the music scene.
The core of Sonicbids' offering is its Electronic Press Kit (EPK) service. An EPK is a digital portfolio that showcases a band's music, biography, photos, and performance history. This tool is crucial for musicians looking to stand out to promoters who typically review hundreds of EPKs for each gig slot. By providing a professional and comprehensive EPK, Sonicbids helps musicians increase their chances of being booked for gigs, radio shows, and press opportunities.
Sonicbids operates on a subscription-based business model. Musicians and bands pay a fee to create and maintain their EPKs on the platform. Additionally, promoters and event organizers can post gig opportunities, which musicians can apply for. The platform also offers premium features such as search alerts for new gigs and tools to save and manage gig applications, providing added value to its users.
Revenue is generated primarily through subscription fees from musicians and bands, as well as fees from promoters and brands for posting gigs and accessing the talent pool. This dual revenue stream ensures a steady income while fostering a vibrant community of music professionals.
Sonicbids stands out in the market by offering a comprehensive solution that simplifies the often complex process of booking gigs and discovering new music. The platform's user-friendly interface and targeted features make it an essential tool for anyone involved in the music industry.
Keywords: EPK, music platform, gig booking, musicians, promoters, bands, music discovery, subscription model, talent showcase, music industry.