Your browser is old and is not supported. Upgrade for better security.
Wefunder logo

Invest in Doodeo

Fans booking their favorite musicians for a virtual performance

$251,300

of a $426,000 goal
INVESTMENT TERMS
$12M valuation cap Future Equity
$250, $1K, $5K, $10K
LEAD INVESTOR
Doodeo is an ingenious concept filled with awesome, boundless opportunities. The thing that excites me most about the platform is its ambitious goal to help, support, and nurture entertainers. Investments in a company are based on the hard work and dedication of the team working behind the scenes. It’s clear that Rony is the type of entrepreneur that has the executive skills, vision, and leadership to make all of Doodeo’s goals a successful reality. While leading the company, he’s also managed to assemble an accomplished and talented founding team that is more than qualified to take the platform to new and impressive heights. From what I’ve seen, this company is on an exciting journey toward epic growth! Rony has chosen to be a CEO for the people, and instead of resting on his title, he actively seeks out the opinions, suggestions, and needs of his many users. I can truly feel the drive and passion of Rony and his whole team. I can’t wait to see the astounding magic they’ll make as Doodeo rockets its way toward success!

Highlights

1
💰 $429k raised to date
2
👋 Team and advisors from The Voice, Sony Music, Amazon, and Google.
3
📈 145% average WOW growth on new accounts
4
🥳 $390,000 in gigs income to our artists (GMV)
5
❤️ 3,400 registered users with limited marketing
6
🌎 30M middle-class musicians in the US with 880M globally.

Our Team

The idea for Doodeo came about because musicians deserve a better way to connect, collaborate, and find opportunities. We’re on a mission to build the biggest online community for performers.

The average entertainer has to use multiple platforms to find work - LinkedIn is for networking, Classified is for finding gigs and Instagram is for sharing content, but they don’t seamlessly work together to connect artists with opportunities.

On the other hand, gig managers are always searching for artists, but online directories lack transparency and clarity, leaving them to depend on less-preferred recommendations. We launched Doodeo to solve these problems.

 

  

 


 

We break geographical barriers to help our artists generate an income from the globe without leaving their homes, and YOU can enjoy a private live-streamed performance for your gathering.


 

On March 26th - 2022, Wefunder had a private event by invitation only, during which we privately showcased Doodeo 2.0.

We arranged for a DJ in Ukraine to perform at the event, which was held in Los Angeles. The mere idea that the invitees were seeing someone perform live and privately from another part of the world that is unstable too....blew their heads.

Here's 2 quick videos from the event:



 

source: https://lickd.co/blog/social-salary-calculator

 

  1. Small to Medium F&B establishments can easily book a musician now.
  2. Fans can finally book their favorite musicians for a private virtual performance.

We are focusing on one type of musician at a time - Onboard, Learn, Optimize, and Expand. 👇


 

  


 

 

"...by 2017 it had become apparent that “making it” on Twitch required more than a 9-to-5 commitment - WIRED" (https://www.wired.com/story/twitch-turns-10-creator-economy/)

Twitch (users largely monetize from subscriptions): 

- Followers to subs ratio: 3.7% 

- Avg. subscription fee: $5.11

- Twitch fees: 50%

Rest of the amount is generated through ads and collaborations.

Doodeo (users will largely monetize from their super-fans):

- Followers to bookings ratio: 1.41% 

- Avg. e-gig rate per 30 mins: $35.45

- Per day: 4.7 hours

- Doodeo fees: 25%


Doodeo is the highest paying platform for musicians.

Doodeo: Musicians keep 75%

Twitch: Musicians keep 50%

Tidal: Musicians keep 1.2%

Apple Music: Musicians keep 0.5%

Amazon Music: Musicians keep 0.5%

Spotify: Musicians keep 0.4%



Doodeo strengthens its network effect by leveraging gamification, which encourages new musicians to bring their fans and other musicians onto the platform, thereby amplifying the network effect even further

 

 


Overview