Jeeni reaches £100K funding target in 6 days

Jeeni Blog

Helping the next generation of talent to build a global fanbase

Jeeni reaches £100K funding target in 6 days

Day 6: Jeeni announces they have reached their funding target in 6 days and now aim to overfund. If you want to see our pitch click HERE.

Jeeni, the social music platform that brings artists closer to their fans and shares revenue ethically, has successfully raised over £340K on Crowdcube across three rounds.

With 350million streamed music subscribers and market growth up by 39% this year, Jeeni is likely to ride the wave and be a huge success, not only with unsigned musicians and performers but with their superfans.

“We set a target to raise £100,000 for 2.4% with a pre-market valuation of £4M,” says Jeeni founder Shena Mitchell. “And while we have the support of several major investors, the beauty of Crowdcube is that artists themselves can actually own a stake in the company for as little as £10.”

Shena continues, “Jeeni’s mission is to support unsigned music and performers, by helping them build a fanbase. We aim to fast-track careers in the music business, and make sure they take the lion’s share of the revenue that’s raised.

Jeeni is needed more than ever in this Covid-19 New Normal, and we have proved that the demand is high. Currently we can only support 100,000 videos, so we must now move up a gear as we head for global roll-out. This Round Three investment will be used to scale up again and launch our next-generation platform. It will also be used to develop our iOS and Android apps.

With the financial backing secured, we’ll be creating new jobs in the area, which is great for the local economy. When you consider the wealth of music talent in Portsmouth – hosting over 2,000 music events a year with Victorious, The Guildhall, Band Stand, Wedgewood Rooms, and all the Portsmouth Festivities and pubs – we’re alive to the opportunities of our local music culture, creativity and talent. But with live venues locked down for now, the online opportunity of Jeeni is greatly increased.

It’s so cool to think someone reading this might choose to invest in Jeeni now with just £10, and then use Jeeni to build their own fanbase for fame and success! We’re going to try hard to make sure that happens.”

JEENI is currently inviting investment on Crowdcube. To find out how to get involved please join our mailing list for updates or check out our fundraising pitch. If you want to see our pitch click HERE.

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13
Aug

THE ETHICAL ANSWER TO THE GREAT STREAMING RIP-OFF

For too many years, the giants who control the world's music streaming services have been ripping off the creators and performers of the content that allows these services to exist. The figures are staggering, 355 million paying subscribers to an industry worth over twenty-four billion dollars a year. But most artists who provide the content don't earn enough from their monthly streaming royalties to buy a pizza. Now there is an ethical alternative, a streaming service run by artists for artists, where creatives and supporters own a share in the company and keep 100% of what they make. It's a Portsmouth-based venture called Jeeni. Last month, the UK Government report on the major streaming services painted a picture of a broken model that fails to reward musicians fairly. Superstar Nile Rodgers calls it a huge victory for his peers. “I want to believe in my optimistic heart and soul that things will change,” he told the Financial Times, after giving evidence to the Government committee. Rogers is appearing at the Victorious Festival in Jeeni's home town of Portsmouth, alongside a raft of artists who have set up their showcases on the Jeeni platform since their campaign was launched. The founders of Jeeni have a track-record of success, and include veteran entrepreneur Mel Croucher, who founded the UK videogames industry in the 1970s. He is joined by several GRAMMY-Award-Winners and celebrities, including Roger Watson, the ex-boss of Arista Records, responsible for selling over 500,000 records. "We've all made it to the top," says Watson, and now we're giving something back to a new generation. We've got the experience, they've got the talent. Now we're giving them all the tools they need to showcase their work on Jeeni, and get properly rewarded for their efforts, as well as own a piece of the action too." Jeeni's CEO, Shena Mitchell is also no stranger to successful start-ups. She founded The Innovation Warehouse and has now taken Jeeni to the crowdfunding platform Crowdcube, where budding superstars can own a slice of the company for less than the price of that legendary pizza. More information: jeeni.com/investhttps://www.crowdcube.com/companies/jeeni/pitches/qD0WNq

25
Oct

Jeeni's Pick of the Week - Colectiva

Colectiva is a nine-piece ensemble exploring the spaces between Afro-Latin music and jazz while reflecting on themes of sisterhood and female empowerment. Exploring the boundaries between Afro-Latin music and Jazz, Colectiva are a unique voice on the UK scene. Representing the meeting of two musical worlds they believe belong together. Founded as a creative experiment by trombonist Viva Msimang. The group makes space for female and non-binary identifying musicians to collaborate in a new dynamic. An alternative to traditional hierarchical structures, away from the Male Gaze. In addition to exploring notions of sisterhood through their shared creative practice, empowering themselves and their audiences alike. Exciting projects like Colectiva are the type of talent that Jeeni supports on our platform. By creating showcases, and promoting them to an audience on jeeni.com Rooted in the sounds of Africa, Latin America and the diaspora, Colectiva's thoughtful and punchy arrangements are affectionately dubbed ‘jazz tropicaliente’ (hot-tropical-jazz). Released in collaboration with jazz pianist Maria Grapsa, the group’s debut single ‘Under The’ on Movimientos captures the essence of their shared creative practice. And has received support from the likes of Huey Morgan and Jamz Supernova on BBC Radio 6 Music. As well as Jazz FM’s Chris Philips and Tim Garcia, and Toshiro Matsuura and Papaoul on Worldwide FM. ‘Under The’ came to life when jazz Maria Grapsa brought an early arrangement of the tune to the collective. Working together over a series of collaborative sessions typical of their creative process, they crafted the song you hear today. Consisting of tormented melodies, jagged horn hits, and a rhythm section bristling with energy open the song, evoking sounds of struggle. Furthermore, the group won ‘Best Alternative Act 2019' at the UK Latin Awards. The exceptional Colectiva is set to step into their power in 2021, with two more singles with visuals planned, infused with the spirit of feminist activism. JEENI is a multi-channel platform for original entertainment on demand. We’re a direct service between creatives and the global audience. Firstly we give creatives, independent artists and performers a showcase for their talent and services. Secondly we empower our audience and reward them every step of the way.Thirdly we promise to treat our members ethically, fairly, honestly and with respect. Lastly and most importantly they keep 100% of everything they make. Check out Colectiva's showcase here on Jeeni: Colectiva | Showcase | JEENI Along with other showcases to add to your playlist.

06
Jul

Artist Focus: Eden James

Devoted to bringing depth, grit and sophistication to his alt-rock sound, Eden’s success has been steadily building momentum since 2002. Hailing from Australia and currently residing in New York, Eden has been grinding and innovating for years, always striving for greatness in his craft. Eden joined Jeeni after being initially impressed with the marketing team and the brand established which at the time was led by Ella Venvell, “The first thing I noticed and liked about Jeeni is the quality of the visual design of the whole Jeeni brand and how it brands each artist’s posts. It’s slick and contemporary which is absolutely necessary if your content is going to stand out.” Jeeni are honored to be uplifting and supporting an artist of Eden’s caliber and it seems as though both us at Jeeni and Eden himself are excited to see what we can do for each other next. Eden's style is in a lot of ways a romantic call back to the most iconic days of rock music.Eden is directly inspired by acts such as Leonard Cohen, Iggy Pop, The Strokes and a good many others. With such a lineup of rock icons to look up to, it’s no surprise that Eden’s own work is so varied, layered and mould-breaking. His voice is certainly reminiscent of the great Nobel Literature winning Bob Dylan, another one of his legendary influences. Full of character and swagger, Eden’s voice is no mere copy of Dylan’s however; Eden brings an unplaceable uniqueness and charismatic tone that is entirely his own. It's strangely refreshing to hear someone single-handedly bring back the golden years of rock with such fresh and exciting projects and performances. If rockstars bothered carrying around resumés, Eden James’ CV would make for quite the read. Having a career lasting over two decades and contributing with the bands of Paul Simon, Bruce Springsteen and David Bowie, Eden has made a giant splash in the world of indie rock, “The last 6 months have been a huge success for me, winning 35 music and video awards from ceremonies around the globe, gaining chart entries on itunes and Amazon Music, and receiving a slew of reviews and interviews from some of the biggest music magazines out there, including Classic Rock magazine and American Songwriter magazine.” Driven purely by a passion for music, Eden began his career as a musician in the early 2000s. Music has been Eden's ultimate goal since he was a young boy, “I have always been spellbound by music. I started playing the drums when I was 8 years old and around that time began listening closely to songs and how they were put together. I started writing songs in my teens so I’ve been making music a long time. I was, (and still am) very independent so I taught myself a few other instruments and began recording the songs I was writing. I released something very early on as an electronic artist, then realized my true passion was in the rock genre so began to focus on writing in that genre. I scraped together funds for the recording of my debut album and went ahead and recorded it and co-produced it in Brisbane Australia. The album was picked up by a large indie label called Collision Records Australia and the first singles were released in 2002 with the debut album to follow in 2003. Since then, I’ve never stopped releasing and producing albums.” Eden’s dedication to the rock genre and the industry as a whole is nothing short of astonishing and it's that kind of dedication that is essentially what keeps music alive and well. If Eden wasn’t already a giant asset to Jeeni and its mission, He’s provided an exciting and busy list of Eden James projects that fans can look forward to this year: 1. Album release of "All the Good Blank Are Taken" Alternative Mix 2022 (with new artwork) OUT NOW! 2. Video Album Release of a concert: Eden James Live at Baby's All Right, NYC. Alongside album release on streaming platforms, too. (Potential Jeeni Exclusive, later this year!) 3. A limited edition vinyl record release of the 2021 album "All the Good Blank Are Taken" - August/September 2022. 4. Live shows in the summer with my New York-based band. Eden also hopes to tour all around Europe in addition to US shows. 5. Studio album number five (As yet untitled) - July to December 2022 Jeeni are honored to be uplifting and supporting an artist of Eden’s caliber and it seems as though both us at Jeeni and Eden himself are excited to see what we can do for each other next. How can Jeeni support artists like Eden James? JEENI is a multi-channel platform for original entertainment on demand. We’re a direct service between creatives and the global audience. • We give creatives, independent artists and performers a showcase for their talent and services. And they keep 100% of everything they make. • We empower our audience and reward them every step of the way. • We promise to treat our members ethically, fairly, honestly and with respect. • Access to artist liaison and a supportive marketing team.

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