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Unitea Announces $7M In Funding From Initial Seed Rounds, Validating Capability Of Engage-To-Earn Music Platform

PRIVATEMay 16, 2023

Amount Raised

$7 Million

Round Type

Seed

MiamiAdvertisingMusicAnalytics

Investors

Claude Von StrokePitbull AndFuel Venture CapitalToken SocietyChaos Capital1st Class GuernseyUnitea

Description

Unitea, the only engage-to-earn music platform built to deepen connections between artists, brands, and fans, today announced a seed round of $7M, led by 1st Class Guernsey, Chaos Capital, TokenSociety, and Fuel Venture Capital. Boasting a board of directors featuring industry titans like Pitbull (Armando Perez) and Claude VonStroke (Barclay Crenshaw), Unitea's unique platform is innovating the way fans engage digitally within the music industry. By way of an in-app economy, Unitea encourages users to create content with music and branded filters from their favorite artists to earn rewards, creating actionable data for artists and brands and deepening their connections with fans. In the time since the pre-seed round started in 2020 Unitea has accomplished over 2,000 reward activations

Quick answer

Unitea raised $7 Million in a Seed round, dated May 16, 2023. Investors: Claude Von Stroke, Pitbull And, Fuel Venture Capital, Token Society, Chaos Capital, 1st Class Guernsey and Unitea. Unitea is based in Miami, Florida, United States.

How much did Unitea raise?
Unitea raised $7 Million in a Seed round on May 16, 2023.
Who invested in Unitea?
Claude Von Stroke, Pitbull And, Fuel Venture Capital, Token Society, Chaos Capital, 1st Class Guernsey and Unitea are named as investors in this round.
What does Unitea do?
Unitea is a mobile and web-based, social music community platform.
Where is Unitea based and how big is it?
Unitea is based in Miami, Florida, United States.
Who are the decision-makers at Unitea?
Fundz holds 1 contact at Unitea. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Advertising and Music around the same time

Companies in the same sectors as Unitea that raised within 45 days of this round, from Fundz verified event records.

  • Spectrm raised $6.5M (Funding Round) on June 6, 2023.
  • Optable raised $20M (Series A) on April 18, 2023.
  • Simbe Robotics raised $29M on June 30, 2023.
  • Cyware raised $30M (Funding Round) on June 29, 2023.
  • Interrodata raised an undisclosed amount (Funding Round) on June 28, 2023.
  • Parabola raised $24M (Series B) on June 28, 2023.

Who to call at Unitea, and when

A new round usually means Unitea is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Unitea

Location

Miami, Florida, United States

About

Unitea is a mobile and web-based, social music community platform. It brings artists closer to their fans by recognizing and rewarding the most engaged fans who stream and share music with Karma, a virtual emotional currency used to buy experiences. Unitea rewards fans for loving and growing music and art communities.

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Unitea raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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