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Corite logo — Ruled by artists. Backed by fans.

Corite

Ruled by artists. Backed by fans.

Founded 2018 Sweden Sweden 14 employees Seed Total: $650.00K Music

General Information

Company Name Corite
Founded Year 2018
Location Sweden Sweden +1
Employees 14
Industries Music
Funding Stage Seed
Social

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About Corite

Corite is a Swedish startup founded in 2018 with the slogan "Ruled by artists. Backed by fans." The company operates in the music industry and recently secured a $50.00K Seed Round investment on 31 January 2022 from notable investors including Maven Capital, Oriole Ventures, LVT Capital, Charles Goldstuck, and Kyros Ventures. Corite's platform, based on blockchain technology, offers a unique model where artists receive funding, distribution, and marketing support from backers. In return, artists share their revenues in real time whenever their music is streamed. This innovative approach not only empowers artists but also engages fans in a new way, potentially disrupting the traditional music industry.

Taxonomy: music tech, startup, crowdfunding, investment platform, fan engagement, artist empowerment, creative process, music industry, technology, innovation

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 5
Investor Investor Investor
•••• •••• 		31 Jan 2022
Seed Round •••••• 5
Investor
•••• •••• 		10 Jun 2020
Pre Seed Round •••••• - 14 Aug 2019

Latest News

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Corite Alternatives & Competitors

Corite vs
Record Research Inc
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Corite vs
West One Music Group
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FAQ About Corite

Ruled by artists. Backed by fans.
Corite was founded in 2018.
Corite is headquartered in Sweden.
Corite operates in the following industries: Music.
Corite has approximately 14 employees.
Corite has completed 3 funding rounds, raising a total of $650.00K. The latest funding stage is Seed.
Top alternatives and competitors to Corite include Record Research Inc, young radio, West One Music Group, Lambgoat, Carl Fischer Music Publishing. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Corite and Record Research Inc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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