About Corite
Corite is a company based in Stockholm (Sweden) founded in 2018 by Mattias Tengblad and Emil Angervall. Corite has raised $681.73 thousand across 3 funding rounds from investors including hitcomusic.com, Tagehus and Danny Saucedo. Corite offers products and services including Corite Platform and Fan Campaigns. Corite operates in a competitive market with competitors including Signe and Emues, among others.
- Total Equity Funding$681.73K (USD)
in 3 rounds
- Latest Funding Round$7.87M (USD), Token Sale
Sep 2022
- Investorshitcomusic.com
& 2 more
Products & Services of Corite
Corite offers a comprehensive portfolio of products and services, including Corite Platform and Fan Campaigns.
Web and app service for artists to fund and distribute music with fans.
Tool for creating investment opportunities in music projects.
Apps and channels of Corite
Corite publishes 1 mobile app; its YouTube channel Corite has 643 subscribers and 21 videos.
Videos from Corite
The most watched videos on Corite's YouTube channel, Corite (643 subscribers). Click a video to play it here.
More on Corite.
Funding Insights of Corite
Corite has successfully raised a total of $681.73K across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $7.87 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $681,733
- Total Rounds 3
- Last Round Token Sale — $7.87M
- First Round $681,733
(Jun 2020)
- Investors Count 3
All 3 funding rounds of Corite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $7.87M | Token Sale | – | – | – |
| May 2021 | – | Seed | – | – | |
| Jun 2020 | $681,733 | Seed | – | Tagehus |
3 investors in total: 2 institutional and 1 angel.
Investors in Corite
Corite has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include hitcomusic.com, Tagehus and Danny Saucedo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | hitcomusic.com | - | |
Tagehus is engaged in property ownership and development. | – | tagehus.se | Stockholm, Sweden | |
DS Danny Saucedo | - | – | unknown_a8d202bfe431465d8 | - |
Investor details for Corite
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Corite
2 people are tracked at Corite (2 in leadership).
| Name | Role | Group |
|---|---|---|
Mattias Tengblad | Co-Founder & CEO | Leadership |
Emil Angervall | Co-Founder | Leadership |
Complete people profiles for Corite
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Corite
3 dated milestones of Corite across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Corite is founded.
- Funding First funding round of $682K.
- Funding Latest funding round, Token Sale, of $7.9M.
Competitors of Corite
Corite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Signe and Emues, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| signe.io | 2016 | Kalmar, Sweden | – | – | Rewards-based crowdfunding is enabled for concert organization via all-or-nothing model. | |
| emues.com | 2010 | Malmon, Sweden | – | – | Crowd-supported live music events are enabled through an online platform. |
Detailed competitors of Corite
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Corite
The website of Corite (corite.com) receives about 6.9K visits a month.
- Monthly visits6.9K
▲ 22.5% vs previous month
Latest news on Corite
Complete news archive for Corite
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Corite
10 companies that operate in the same segment as Corite (Crowdfunding), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | – | |
Equity crowdfunding is enabled for startups and growing businesses. | 2010 | Exeter, Devon, United Kingdom | USD 62.86 M | USD 18 M | 78 | |
Business loans are provided via a P2P marketplace platform. | 2015 | Singapore, Singapore | USD 241.5 M | – | – | |
An investment platform offering access to private market investments | 2010 | Washington, District Of Columbia, United States | USD 53.73 M | – | – | |
Equity and revenue-based crowdfunding for startups is enabled. | 2012 | Seongnam-si, Gyeonggi-do, South Korea | USD 127.7 M | USD 26.57 M | – | |
Funds are raised online for social causes via crowdfunding platform. | 2008 | San Diego, California, United States | – | – | – | |
Creative projects are crowdfunded via a cloud-based platform. | 2009 | Brooklyn, New York, United States | – | – | – | |
Funds are raised online for charities and personal campaigns. | 2000 | London, England, United Kingdom | USD 18.56 M | USD 65.24 M | 108 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Residential solar financing is provided to homeowners for rooftop installations. | 2011 | Oakland, California, United States | USD 250.46 M | – | – |
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Frequently Asked Questions about Corite
Corite was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Corite is headquartered in Stockholm, Sweden.
Mattias Tengblad is the current CEO of Corite. They have also founded this company.
Corite is a funded company, having raised a total of $681.73K across 3 funding rounds to date. The company's 1st funding round was a Seed of $681.73K, raised on Jun 2020.
Corite was founded in 2018 in Stockholm, Sweden, as an online platform in the music technology sector. Songs are created and launched by artists through targeted campaigns. Investments from fans are accepted to support promotions, with shares of future royalties distributed as returns. Streaming services are provided, and an iOS app is offered for user access.
Corite offers Corite Platform and Fan Campaigns.
Corite has 3 investors. Key investors include hitcomusic.com, Tagehus, and Danny Saucedo.
Corite operates through Corite Ab.
Yes. Corite publishes Corite.