Gotobeat
Membership-based platform offering unlimited access to live music events and online concerts with independent artists.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 43 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Gotobeat is a startup that is revolutionizing the live music experience. The company operates in the live music and entertainment market, targeting music enthusiasts who crave high-quality live performances. Gotobeat offers a membership-based service where, for a fixed monthly fee, members gain unlimited access to a variety of live music events, both in-person and online. This model eliminates the need for individual tickets, making it easier and more affordable for fans to enjoy live music.
The business primarily serves two types of clients: music fans and independent artists. For music fans, Gotobeat provides a seamless and cost-effective way to attend numerous live events. For independent artists, the platform offers a sustainable and rewarding avenue to reach new audiences and generate income, especially during challenging times like the COVID-19 pandemic.
Gotobeat's business model revolves around a subscription service. Members pay a fixed monthly fee, which grants them access to all Gotobeat events without any additional costs. This model ensures a steady revenue stream for the company while providing value to its members through unlimited event access.
In response to the COVID-19 pandemic, Gotobeat adapted by launching a series of online events in partnership with Success Express. These events aimed to support independent artists financially during difficult times, showcasing Gotobeat's commitment to the artist community.
In summary, Gotobeat is changing the way live music is experienced by making it more accessible and affordable for fans and more sustainable for artists. The company’s innovative approach and strong community focus position it well in the evolving live music market.
Keywords: live music, membership, subscription, independent artists, online events, affordable, sustainable, community, COVID-19 response, entertainment.