VERDICT.CO.UK - Feb 25 - Professional social networking app Vampr has raised a further £570k ahead of an upcoming Series A funding round, bringing its total funding raised to £1.9M. Founded in 2015 by musician and tech entrepreneur Baz Palmer and The Music Network's 30 Under 30 Power Player Josh Simons, the platform helps creatives find people to collaborate with, create new music and monetize their work. Dubbed "Linkedin for creatives", Vampr has built up a network of ~750k people, providing users with tools for distribution, publishing, and education. In the past year, its MAU grew by 400% and it has experienced a 1,273% increase in revenue. It has also expanded its teams in its Nashville and London offices. The funding will go towards further expansion with a new live streaming tool to allow creatives to broadcast their performances. Investors in the platform include music industry executives at Warner, Sony, and Beatport, institutional investors, and National Hockey League players.
by Ellen Daniel
See full article at Verdict.co.uk
