Concert-crowdfunding startup Stagelink is expanding to the US, after finalising an extension of the seed funding it raised last summer.
That round has now swelled to a “seven-digit total” according to the Berlin-based company, which helps artists canvass their fanbases about where they should tour, while getting fans to say how much they’d pay for tickets.
Now Stagelink is opening an office in Santa Monica, LA, to help it target more US musicians.
“Coming to the U.S. is an important step for Stagelink’s growth. Our analytics and promotion technology is able to predict ticket sales with an accuracy of 90%,” said CEO Nikolas Schriefer in a statement.
“Thus, Stagelink offers content creators a risk-free opportunity to organise unforgettable live events for their fans and generates additional revenue through ticket and merchandise sales.”
Stagelink first came onto Music Ally’s radar in 2016 as a member of the Marathon Labs accelerator run by UK music firm Marathon Artists.
It has since been used by artists including Tiffany Alvord and Hannah Trigwell, with a particular sweet spot for musicians who’ve broken through on YouTube and social platforms.