Gigit is an online platform for locating musical bands and artists for parties and other events.
Business Model:
Revenue: $247.2k
Employees: 2-10
Address:
City: Santa Monica
State: California
Zip:
Country: United States
Gigit is a service that allows you to Book-a-Band for a party. Gigit is solving a multibillion-dollar event-booking problem while simultaneously creating more opportunities for artists to get paid to play their music. The process of booking a band or DJ is complex, confusing, and slowed by too many middlemen. Further to this, the music industry is hitting a point of stagnation in revenues. We live in a streaming world and no longer have to pay for music. Piracy is afoot, but you cannot pirate a live experience: Enter Gigit. For musicians, we exhibit a number of outside the box opportunities to get paid, create bespoke experiences with fans, and gain assets (content) that will drive more bookings. For the event planner, we create a transparent, succinct process in which you can discover bands, both up and coming or established, and book them as easily as you book a room, a car, or a dog sitter... a la AirBnb, or Dog Vacay. Marketplaces and collaborative consumption models are top of mind and serve as the new baseline in our day-to-day lives. Gigit&s;s design, UX and data will serve as the driving forces as to why we are the place where bands and DJs go to get booked and everyone else will go to book live music.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2013 | Convertible Note | 1 | - |
ff Venture Capital ff Venture Capital |
5/2013 | Seed Round | 5 | $365k |
Dennis Phelps ff Venture Capital James Pallotta Paige Craig Structure Capital Dennis Phelps ff Venture Capital James Pallotta Paige Craig Structure Capital |
1/2013 | Convertible Note | 1 | - |
ff Venture Capital ff Venture Capital |
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