THE MARKET HERALD - Jaxsta (JXT) is set to acquire Vampr, a social networking platform for music creators. Under the deal, Jaxsta will take full control of Vampr in exchange for 88.7M JXT shares, giving the sellers 19.99% ownership of the ASX-listed business. Vampr has a user base of 1.3M, which grew 23% in the last year and is expected to drive growth in Jaxsta subscriptions. Josh Simons, a former recording artist and the founder and CEO of Vampr, will join Jaxsta as CSO. Jaxsta shares are up 10.42% to 5.3 cents.
5 posts categorized "Vampr"
Jaxsta to Acquire Music Maker Social Networking Platform Vampr
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Vampr Reaches 1.4M Users and Plans New $2M Funding Round
MUSICALLY - Music-industry network Vampr has raised $700K in an equity crowdfunding round, raising its total from all sources to $3.3M. Meanwhile, its user base has doubled to 1.4M people. Vampr said that since passing the 1M mark in Nov 2021, it had added another 400K users.
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VAMPR Launches Free Digital Music Distribution for Creatives
EIN NEWS - VAMPR, the leading social networking app for musicians and creatives, is now offering free digital music distribution for all of its users. Regular Vampr users can send their music to Spotify, Apple, Amazon, Deezer, and all leading DSPs for free while keeping 80% of their royalties. Vampr Pro members will enjoy the same service but will instead keep 100% of their royalties.
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Vampr Opens up to the Crowd With Cutting-Edge Investment Opportunity
PR NEWSWIRE - Vampr, social network for creatives, has announced a new equity crowdfunding round seeking to reward its investors with NFTs. Vampr is offering the first 400 investors who commit $500 or more Vampr NFT. At the time of launch, the supply of unique NFTs is near full allocation, with ~$350K of funds already raised from 200 investors.
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"LinkedIn for Creatives" Vampr Raises Further £570k Ahead of Series A
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.
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