SangCash

From the Hills at LaunchHouse: Digital Concert Ticket Stubs that pay Songwriters

https://wefunder.com/SangCash

Total raised on Wefunder: 19800

Total investors: 22

Quick facts

  • Selected to and participated in the Nashville Entrepreneur Center's PreFlight and ReNew Programs
  • SangCash was selected to be part of Launchpeer, a Charleston-based remote incubator in April '21
  • Part of Launch House's LA residency- a community of the most ambitious founders with a 7% acceptance
  • SangCash recently pitched at the Wild Pitch Competition at the DIG Tech Summit in Charleston, SC
  • Selected by LaunchTN to host paid intern for summers of '21 and '22
  • Recently partnered with and became an affiliate member of the National Independent Venue Assoc. NIVA

Team profiles

Featured investor profiles

SangCash

From the Hills at LaunchHouse: Digital Concert Ticket Stubs that pay Songwriters

Countdown clock
Exclusive
Friends Invest First
Soft Launch Until Jul 26 @ 8:00 PM ET
--
day
--
hour
--
min
--
sec
INVESTMENT TERMS
Preferred Stock
$10M pre-money valuation $1 per share
$250
Pitch Video
Investor Panel

Highlights

1
Selected to and participated in the Nashville Entrepreneur Center's PreFlight and ReNew Programs
2
SangCash was selected to be part of Launchpeer, a Charleston-based remote incubator in April '21
3
Part of Launch House's LA residency- a community of the most ambitious founders with a 7% acceptance
4
SangCash recently pitched at the Wild Pitch Competition at the DIG Tech Summit in Charleston, SC

Related company links

Team


Finally, the songwriter sits at the top of the Economic Equation.

The Beatles said it best in their song "Revolution."  There are plenty of companies who try to solve problems in the startup and music spaces, but do they have a plan and are they revolutionary enough to make an impact?



Most of the songwriters in the US are represented by three PROs (Performing Rights Organizations) - BMI, ASCAP, SESAC.  Their main responsibility is collect licensing fees from music users who want to use the songs performed by their songwriters and then distribute royalties to those member songwriters.  Unfortunately, the technology they use and the laws they are up against prevent them from paying songwriters quickly.  They also struggle to keep up with emerging technology companies that use music such as Spotify, Instagram and Tik Tok.

Here is a look at our fundraising schedule once we complete our WeFunder Campaign.

Every investor wants to know what the company has planned for an exit strategy to earn the returns needed to make their investment worth while.  Luckily for us, one of our slow moving competitors recently admitting to not having a strong business model and has switched to a For-Profit model, which includes becoming relevant through potential acquisitions. 


Downloads

Overview