HomeNFTAfterparty Raises $4M in Funding

Afterparty Raises $4M in Funding

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Afterparty

Afterparty, a Los Angeles, CA-based NFT platform empowering creators with the tools and community to directly monetize and manage their fan relationships, closed a $4m funding round.

The round, which brought total capital raised to $7m, saw participation from over 25 entrepreneurs, creators, and VCs, including

  • Paris Hilton’s 11:11 Media,
  • Spencer Rascoff (Zillow),
  • Jason Calacanis (The Syndicate),
  • David Friedberg (The Production Board),
  • Nicole Farb (Headline),
  • Andre Iguodala (NBA player, Catalyst Fund),
  • Rudy Cline-Thomas (Mastry, Inc.),
  • Reade Seiff (Sunset DAM),
  • Desiree Gruber (Full Picture),
  • Blockchange Ventures,
  • Acrew Capital, and
  • TenOneTen Ventures.

The company intends to use the funds to introduce an NFT ticketing platform for artists.

Led by David Fields, CEO, Afterparty empowers creators to use NFTs as a tool to unlock interactive, real-world experiences. These tokens represent dynamic, creative festivals, artist events and deep artist-fan connections.

Holding one of Afterparty’s NFTs unlocks access to the Afterparty universe, which includes the upcoming Los Angeles Afterparty NFT Art & Music Festival Halloween weekend with the inaugural festival held last March returning to Las Vegas in 2023. Additional token-gated experiences include gallery showings at the LA Afterparty House, pop-up events at Art Basel, and much more.

FinSMEs

23/04/2022

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