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 unknown, 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.
- Headquarter Stockholm, Sweden
- Founders Mattias Tengblad, Emil Angervall
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Sectors
Financial ServicesMedia & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Corite Ab
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$681.73 K (USD)
in 3 rounds
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Latest Funding Round
$7.87 M (USD), Token Sale
Sep 28, 2022
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Investors
unknown
& 2 more
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Employee Count
Not available
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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.
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.
Investors in Corite
Corite has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include unknown, Tagehus and Danny Saucedo.
| Investor | Description | Founded Year | Domain | Location |
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Tagehus is engaged in property ownership and development.
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Locked | Locked | Locked | |
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Danny Saucedo |
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Locked | Locked | Locked |
Investor details for Corite
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Corite
Investment portfolio details for Corite
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Financial Statements - Corite
Detailed financials for Corite
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- Profit trends
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Corite Comparisons
Peer comparison for Corite
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- Named peers
- Headcount comparison
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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 year | HQ Location | Description |
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| Locked | Locked | Locked |
Rewards-based crowdfunding is enabled for concert organization via all-or-nothing model.
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| Locked | Locked | Locked |
Crowd-supported live music events are enabled through an online platform.
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Detailed competitors of Corite
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Latest news on Corite
Complete news archive for Corite
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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.
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 unknown, Tagehus, and Danny Saucedo.