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

Jeeni hits £100K of its funding target in 3 days

Jeeni has reached a whopping 67% of our Crowdcube funding target in record time, thanks to nearly 100 investors. Check out our pitch here and join in the fun. ttps://www.crowdcube.com/companies/jeeni/pitches/qD0WNq Jeeni is the ethical online platform dedicated to supporting unsigned musicians and performers by helping them reach a global fanbase. over 2,300 brilliant artist showcasesover 2.7 million audience outreachbuilt-in marketing tools for successkeep 100% of everything earned through the platformGRAMMY award-winning supporters No other streaming service helps like Jeeni Jeeni gives artists a built-in fan database to communicate and market to anyone who votes for them or likes their work. Safely, legally and all opted-in. With FREE marketing reports for all campaigns. Jeeni has a track record of success. Jeeni creator Mel Croucher founded the UK videogames industry! Now he has created the Jeeni platform, complete with all the tools, marketing and fan outeach that new talent deserves. He is joined by 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, 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.”Roger Watson, Jeeni Check out our pitch here. https://www.crowdcube.com/companies/jeeni/pitches/qD0WNq

10
Apr

Daisy Chute on Music, Performing and Life during 2020

Tonight, is the night that we launch the JAM Festival where seventeen acts from around the world will beat the pandemic restrictions and join together to perform in a virtual festival called JAM, and they guarantee complete unknowns will get equal billing with world-famous headliners. So please register that you are Going or Interested, and we will keep you posted each day of acts and keep you informed about their performances. Please like, share and invite your friends to join in the fun, it's going to be awesome. https://fb.me/e/1etPauFMV Don't worry if your busy or miss it, we will be featuring the festival on Jeeni.com from the 11th of April 2021, for you to watch when you are next free. Ahead of the JAM Festival we had a quick catch up with Daisy Chute who is a favourite of mine as Daisy kept me company with her live streams all the way through lock down, most charming, and talented artist who is so lovely she just makes your heart melt. Daisy tells us: “I am really enjoying the sunny weather and I am very much looking forward to summer and performing at gigs again in person”! In the last 12 months Daisy fairly quickly started doing live streams as a replacement for gigs and festivals that she was supposed to be at such as Glastonbury and the Cambridge festival. Daisy was doing online shows which she said was ‘better than nothing’ due to the pandemic. Daisy said: “through the online shows and livestreams etc she was able to connect with many people internationally which she said was ‘really lovely and enabled her to build more of a following and connect with fans on an international scale’ which she wouldn't have been able to-do on a tour.” Daisy said: “during this pandemic, she tried to use the time as best as she could to connect with her fans through the livestreams”! Kate asked Daisy: “Have you missed live performances”? “Absolutely’ the live streams are kind of like live performances, but they don’t feel the same because you don’t have the same connection and it’s much more casual! I miss performing with my band as I have not been able to see them during this time so my livestreams have also been missing that element of energy and adrenaline when performing a set. I am a very social person and I really miss the atmosphere of being at a gig and having drinks with friends and getting back to being in gig – performing and watching.” Kate asked Daisy: “are you excited to showcase your track”? ‘ABSOLOUTELY yes!’ “I love what Jeeni are doing, and I love how supportive the team are to all the artists and I am very grateful for these opportunities to work with some amazing people. I think the showcases and the festivals are so important and they keep the artists going and keep them motivated and connected”! Daisy also overfunded on her Rocket fuel campaign which was amazing and if you want to find out more check out her page here: https://rocketfuelhq.com/daisy-chute Daisy was raising the funds to help make some new music for Daisy’s Singles Club. Daisy reaching her target a week early, which is amazing. But you can still get involved as Daisy has decided to do a “Stretch Goal” to see if she can get some further support to make a series of new videos and Daisy will have new things on offer until 31 March 2021. You can still get involved by buying something, subscribing monthly or making a one-off contribution. Here is a video telling you all about it. https://youtu.be/0j-defCFQvA Best of luck Daisy we know you will be a great success and you have 100% support from Team Jeeni.

24
Mar

Jeeni is live on Crowdcube!

Grab your share of JEENI - the ethical entertainment platform. It's official! Jeeni has been approved by market-leaders Crowdcube, with the Jeeni valuation up from £2.4million to £5million in the short time since Covid dealt musicians and performers a hammer-blow. Now you can help keep entertainment back where it belongs and boost the careers of new talent by investing in Jeeni's brand new funding round HERE. With no adverts, no fakes and no hype, Jeeni is putting 5,000 musicians and performers in front of a 4 million audience, and promising that their artists keep 100% of everything their earn via the Jeeni platform. Jeeni promise to treat their artists and audiences ethically, fairly and with respect, and will use your investment to expand their databases and boost their value even more. If you like the sound of that, then Jeeni is live on Crowdcube now, and ready to welcome you on board. Click on the link right here to find out more about investing in Jeeni. * and of course, investments of this nature carry risks to your capital. Please invest aware.

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