HomeUKGigPig Raises £1.3M in Seed Funding

GigPig Raises £1.3M in Seed Funding

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GigPig

GigPig, a Manchester, UK-based live music marketplace, raised £1.3M in Seed funding.

The round was eld by Haatch Ventures and Notion Capital. with participation from angels Chris Meehan, Richard Flint, Wolfgang Alistat and Andrea Mihalovits. 

The company intends to use the funds to create new gigging opportunities in towns and cities across the UK.

Led by CEO Michael Forster, GigPig is a live music marketplace providing venues of all sizes with a streamlined way to search, book and manage entertainment in-house, while offering artists a free platform to find, play and get paid for gigs. It currently represents more than 6000 artists and 650 venues nationwide.

The company is also planning to launch new data-led products and services, as well as an app for artists. This includes market insights for venues, allowing operators to understand the impact live music can have on sales and customer satisfaction. Its app will make it easier for artists to find and get booked for gigs.

Commenting on the news, Michael Forster said: “With the hospitality sector facing unprecedented challenges, we believe our mission to help every pub and bar maximise their potential with live music is more important than ever. Our platform has already helped hundreds of venues improve customer satisfaction, drive footfall and increase sales while giving thousands of artists an easier way to earn money gigging. We’re just getting started and the investment announced today will help bring the benefits of live music to more communities in towns and cities across the UK.”

FinSMEs

13/05/2024

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