Vampr is kicking off 2022 with a bang – announcing a major acquisition and a significant new revenue stream!
- MuzeRoom, a global music news aggregation service, has joined the Vampr family, with their technology set to continue powering the platform’s news feed
- The team has also acquired the services of the leading Professor in the Business of Music from the University of Melbourne to develop an online academy
- The new academy is set to launch at South by Southwest (SXSW) in Austin this March
So far we have raised over $640K from 490 investors.
Highlights
- 1M+ users, 40K+ monthly downloads and over $3.2M raised to date (4.4 ⭐️ App Store rating)
- Publishing catalogue surpassing 50K songs, growing 14% month over month
- Successfully launched new Vampr Ad Platform, generating over $18.5K in first 35 days
📈 1 million users and counting.
🏅 Led by an Experienced Executive Team.
👀 Increasing engagement.
Rajat Wali
Jan 10, 2022
Congrats! How’s the acquisition being funded? Any deal details you can share? What’s the annualized revenue impact expected under a more “stable” run rate? Thanks keep up the great work!
Hey Rajat,
The acquisition is in part funded by our Employee Share Pool which was established in 2019 following our first Reg CF round. We will likely comment on the expected revenue impact in our Annual Report, which is due in April. At a high level we are looking to 4X in-app purchase revenue in Year 1.
Cheers,
Josh
You guys are doing awesome, so glad we invested.. keep pushing. Don in Dallas
🌿Prolific Investor
This investor has made over 50 investments on Wefunder.
Excellent progress and acquisition, great momentum!
💥Top Contributor
This investor has been frequently Upvoted for their diligent questions
🌿Prolific Investor
This investor has made over 50 investments on Wefunder.
Yesssss.. vampr.. hooray!#
Awesome update. The vision is growing!
🌿Prolific Investor
This investor has made over 50 investments on Wefunder.
Great update!
This is a great company to invest always information went you ask .Thank you
Awesome, great update😊
Great job team! Glad hear the team is working hard to be successful. We/I believe in Vampr. More great news to come for the New Year 🎊🎊🎊🎊🎊
Josh and team you’re going an amazing an amazing job!! Stay the course.
