Thematic on Microventures

Music licensing platform for content creators and artists

Raise to date: $96,965

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$750,000

Likelihood of Max Unlikely
Start Date

12/06/2019

Stop Date

03/16/2020

Days Remaining

Closed

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

297

% of Minimum Raised

194%

% of Maximum Raised

13%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$960

DPD* Category

$0

DPD* All Companies

$1,061

Kingscrowd Momentum

$96,965

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Thematic, with a valuation cap of $8 million, is raising funds on MicroVentures. It is a licensing platform for music to be used by content creators and music artists. The platform serves as the connection between music artists and digital content creators across YouTube and other platforms. Thematic was founded by Michelle Phan, Audrey Marshall, and Marc Schrobilgen in 2016 and has raised over $1.5 million since its inception. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $750,000, will be used for product development, operations, marketing, and new hires. Through the third quarter of 2019, Thematic has over 25,000 content creators on its platform, and approximately 1.8 million song plays.

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