Netshow.me, Brazil’s Answer To StageIt, Raises Seed Round

Funding Rounds

Summary

Tired of ticket fees, sweaty seething masses of teeming humanity, clubs that smell of body odor and stale beer, and concerts that sell out before you can even take out your credit card? The company is offering an online concert service for artists and musicians, much like StageIt, and has just raised a seed round of financing. Netshow.me launched its online concert broadcasting service six months ago, and on the back of its growth was able to attract the attention of none other than Rodrigo Borges, the co-founder of one of Brazil’s most successful startups — Buscape. Daniel Arcoverde do Nascimento and his partner Rafael Belmonte left behind investment careers at the Brazilian financial management company Bravia Capital Investimentos. Next month we’re going to raise to have 30,000 to 40,000 reals in revenue.” Netshow.me makes its money by taking a cut of the ticket sales and tips that fans leave at the end of each show.

$ Funding

$
Amount - Total raised
Date April 30, 2014 Announcement date
Investors Ozie Group LLC Lead investors
Company http://www.netshow.me Funded company

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Streaming Platform SaaS Video on Demand

Linked Companies

Netshow.me
$1M to $5M