Music News

Music Gateway Offers Equity through Crowd Funding

Photograph of the blog post author, Mary Woodcock

Mary Woodcock

18.11.2013

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We are very excited to announce that thanks to the continued support from our founder members, Music Gateway has grown from strength to strength in just a few months since launch. Music Gateway has grown by 62% to over 10,000 registered users and has served over 750 music project opportunities and received +2,800 pitches to date.

As a way of giving back to users and industry professionals, we have negotiated with our existing investors and are able to offer 15% shared equity of Music Gateway for a return on our future success.

CEO/Managing Director of Music Gateway, Jon Skinner, states, “I must start by thanking all of our founder members for their continued support and help in making Music Gateway happen. It is of fundamental importance to me personally that, as we grow, I look to include them in our success.”

“Through my own finance and a family angel investment group, we have invested just under £300,000 to get us to this point. We are now ready to implement our strategic marketing plan for rapid expansion. Without question, 2014 is going to be a huge year for the company and I simply cannot wait!”

Jon goes on to explain that the only way that it seemed possible to allow lots of shareholders to join, without huge expense, was by some form of crowd funding product. Therefore he created this opportunity through Crowdcube, an exciting new business investment platform that allows for small shared investment.

The expansion we have seen in the few months since launch shows how bright the future looks for the company and with further investment we will be able to provide even more benefits on our platform along with an attractive return. Our predictions show that for every £1 you put in, we can return £10 (10 fold) within three years. We are a globally scalable business, where the platform works and only needs users to grow.

To review the video pitch, business plans and financial projections visit the pitch on Crowdcube below:

As the Crowdcube pitch contains sensitive company information, you will need to register in order to access it. However, if you do not wish to go through the registration process here is the Video Pitch on Vimeo.

We have recently partnered and integrated with BASCA and also appointed a new Creative Director, Phil Carr.

“For the last 2 years, myself and everyone else at Music Gateway have worked incredibly hard to get the website to where it is today. We are constantly evolving and trying to make the site better and better. The feedback that we have received from our users has been fantastic! So I’d like to take this opportunity to thank everyone for their feedback to date. We have a long list of great new features that we really think all of our users are going to love. So with the additional funding, I will be looking to increase the size of the web and creative team in order to deliver the awesome new features that we have in store for you!” Phil Carr – Creative Director

We request that all potential investors review their pitch online Music Gateway – Crowd Cube Pitch.

Ultimately, the more we grow as a company the better we can benefit you. So through your investment it will be a win-win situation; we will grow as a company meaning we can improve our offering to you and as well as this, you will share in our profits!

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