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L.A. Music-Tech Startup Trac Raises $2.5M To Create The Operating System For Artists&Apos; Careers, Bridging Web2 And Web3

Apr 19, 2022about 3 years ago

Amount Raised

$2.5 Million

Round Type

seed

Los Angeles

Description

trac, a music-tech company, today announced it has closed a $2.5 million pre-seed round led by Lagos, Nigeria-based Zrosk Investment Management—with participation from AppWorks, InfinityVC, Calm Company Fund, Dapper Labs, as well as key angels including Roham Gharegozlou and Siqi Chen. trac will use the funding to scale the business and increase its market reach while expanding its engineering and operations teams.

Company Information

Company

L.A

Location

Los Angeles, California, United States

About

The company will soon begin creating decentralized autonomous organizations (DAOs) for artists that will run on their own unique artist tokens that incentivize engagement.