Magroove
Year2023
RoundSeed
Amount$1.6M
Overall
Summary
19 slides
19 slides
1 slide
Welcome to the Magroove investor pitch where we explore how we empower independent musicians.
1 slide
Independent artists struggle to monetize their music due to fragmented tasks and costly tools that exceed their expertise.
4 slides
With 20 million musicians and a global market size of 21.6 billion dollars, there is a significant opportunity to cater to the under-served indie market.
5 slides
Magroove provides a one-stop shop for artists, offering a comprehensive suite of services including music distribution, merchandising, and website creation.
1 slide
Our revenue model is based on a free-to-use transactional approach for distribution and store services, along with a subscription fee for premium website features.
1 slide
Magroove stands out with low entry friction, a one-stop shop for various services, and a focus on indie artists who are often overlooked.
1 slide
We have gained significant traction with 90k international users and a clear revenue projection for the future.
1 slide
Our roadmap outlines ambitious growth targets, with plans to scale from 50k to 1.5 million users over the next three years.
2 slides
Thank you for considering Magroove as we aim to revolutionize the music industry for indie artists.
