ENGINEEARS is a vertical SaaS web platform aiming to revolutionize the music industry by offering efficient tools to enhance business operations and promote equity. With the music production and distribution market valued at $74 billion and experiencing significant growth with over 120,000 songs released on Spotify daily (growing 30+% YoY), there is a clear opportunity for disruption. Despite this growth, the industry still grapples with fragmented tools and inefficient processes. Founded in 2018 and headquartered in the United States, ENGINEEARS' mission is to reshape the music industry, promoting fairness, efficiency, and accessibility. In a recent milestone, ENGINEEARS secured a significant investment of $7.50M in a Seed Round funding on 20 February 2024. The investment was led by notable firms including Drive Capital, Slauson & Co., FLUS Investment Group, alongside individual investors such as Dijon Isaiah McFarlane, Ghazi Shami, Tunde Balogun, Russell James Vitale, Roddy Ricch, Sean Famoso, and Kendrick Lamar. This backing not only signifies a vote of confidence in ENGINEEARS' vision but will also empower them to further expand their platform and competitive edge in the evolving music industry.
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