With more than £13m raised in 2015, social music startup Crowdmix is preparing for a well-funded launch this year.
The recently-published accounts of its Crowdmix Holdings company also reveal more about the planks being put in place through acquisitions of music/tech startups.
They reveal that since the end of Crowdmix’s last financial year on 31 January 2015, the company has “acquired the entire issued share capital” of two startups: Buddybounce and Music Technology Limited.
Buddybounce was a service based around “fandom” clubs, where fans would sign up for clubs based on their favourite musicians, then “take part in missions and competitions to support your artist” (and win tickets, merchandise and other prizes).
Music Technology Limited, meanwhile, has worked on apps and digital stores with the likes of Pete Tong, The X Factor, Tesco and, er, the Mail on Sunday.
The image of the Crowdmix app on its homepage suggests that its technology is part of the base for the startup’s plans.