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Mugatunes isn't accepting new investments

Mugatunes’ deadline was July 31, 2018

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Mugatunes

Music discovery & curation powered by tastemakers
Social Impact Music B2C
Facebook Telegram Twitter LinkedIn
Featured image of Mugatunes
$93,950
Raised
217
Investors
Successfully funded and closed on July 31, 2018.
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Pitch Updates 4 Reviews 45
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Closed on July 31, 2018. Information may not be up-to-date. Campaign closed on July 31, 2018. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Mugatunes Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Mugatunes Crowd SAFE
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Hear from some of the 217 investors in Mugatunes


Show more

Deal highlights

  • Platform where music enthusiasts write about, share, and curate new songs
  • #1 Indie Music Publication - Tunemunk 
  • 'Top Music Publication’ - Refinery 29
  • Launched full service digital agency for Artists & Brands - Muga Media
  • 250+ pieces of user generated content each month
  • 250,000+ monthly reach to the target demographic
  • Raised ~$100,000 in 2017

The Problem

Music Discovery is Broken

  •  The experience of sharing music with friends doesn't exist digitally. Music Enthusiasts don't have a platform to share discoveries where people are listening
  • The Radio regurgitates the same Top 40 mainstream songs, heavily influenced by major labels and special interests
  • Bot-curation services (Pandora) have limited skips and don’t include underground music, remixes, or brand new songs
  • Soundcloud, Spotify and Youtube's recommendations are curated by algorithms and popular playlists include paid-placements (upwards of $10,000 a song). Discovering quality content can be overwhelming and takes practice
  • Music Bloggers & Tastemakers are the go-to place to discover breaking music, but there’s thousands of blogs all with niche genres of expertise. 

The Solution

Music Curation from Tastes You Can Trust.

How it works

  • Music enthusiasts apply to become Tastemakers.  Applications include background information, music tastes and a short playlist. 
  • Once accepted, Tastemakers post new songs (and write about them), curate hand-picked playlists and write articles. 
  • Listeners enjoy free, human curated music with seamless streaming. 
  • Content is ranked by up-votes, creating a trending chart that resets each week. 
  • Users can save their favorite songs and create their own custom playlist.


Our Buzz is Building


Tastemakers Drive Our Growth

Tastemakers:

  • Create content, drive traffic and get involved across the business. 
  • Are proud of their content and share their profiles with their networks
  • Take ownership in the company and rep our brand
  • In return get recognition for their discoveries, an audience looking for music curation, free brand merchandise, blogging experience, and a shiny new trophy for their resume. 


A Glimpse at Our Community


Trusted by Artists

  • They're proud to have their music featured by our Tastemakers
  • They share our social media posts and point their audience to our platform
  • They participate in our exclusive content:

'Explain That Gram' Interview Series

#1 - Nora En Pure
#2 - Cheat Codes
#3 - A R I Z O N A
#4 - Hotel Garuda
#5 - Cash Cash
#6 - Elephante

#7 - Caye
#8 - Shaun Frank
#9 - Two Friends
#10 - B.o.B.
#11 - Young Bombs
#12 - Chelsea Cutler






 Business Model

We recently launched our digital agency, Muga Media. 

We Connect Brands & Artists with Our Audience

  • Our advertisements come in the form of multi-facetted, engaging, and authentic campaigns.  We bridge brands' stories with music, engaging our audience through creative and genuine content. 
  • We introduce artists to our fans through music submissions, featured posts, native ads, and playlist placements. We only work with artists whose music we believe in.
  • We also include ad-hoc branding services including; web design, videography, logo design, consulting, social media management.

A Winning Formula


Previous Investments


What Our Investors are Saying

Where We're Going

We aim to own the discovery space and leverage our network to create the first fully integrated music ecosystem. From the recording, to the chart, to the concerts. 

Our Story

Born Out Of Necessity 

In college we spent hours discovering new music, only to return to our dorm and fight over the speaker. There had to be a better a way to share great new music. Our solution was a dropbox folder titled “No Sh*tty Music” . 

The dropbox turned into a blog, and a few months later there were 14 writers from 6 colleges. We realized we weren’t alone, and began accepting applications for new ‘Tastemakers'.

Since then we've had hundreds Tastemakers curate thousands of songs on the platform.
Our mission is to build tools that empower fans to curate, discover & experience music.

A Word From Our CEO

Deal terms


Valuation cap

$4,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Mugatunes occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$50

The smallest investment amount that Mugatunes is accepting.
Learn more

Funding goal

$500K

The maximum amount the offering can raise is $500K.
Learn more

Deadline
Mugatunes needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Includes a Right of Repurchase
How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Mugatunes Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Mugatunes Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Mugatunes.
Invest
$50
Receive
  • 'Partner' badge next to your username. Mention on our website (with your consent)
Invest
$100
Receive
  • All the above, a sticker & merch care package, and a shoutout on our Instagram, Facebook & Snapchat
Invest
$250
Receive
  • All the above, plus a 'Mugatunes Partner' Tee Shirt
Invest
$500
Receive
  • All the above, plus a 'Mugatunes Partner' Hoodie
Invest
$1,000
Receive
  • All the above, plus any tee shirt or poster from our store - www.muga.media/store
Invest
$2,500
Receive
  • All the above, plus lunch with the CEO & Team
Invest
$5,000
Receive
  • All the above, plus a seat on our advisory board.
Invest
$10,000
Receive
  • All the above, plus (2) life-time VIP tickets to Mugatunes concerts & events.

About Mugatunes

Legal Name
Mugatunes Inc.
Founded
Feb 2015
Form
Delaware Corporation
Employees
0
Website
mugatunes.com
Social Media
Headquarters
Google Map location of of Mugatunes
357 Commercial Street , Boston, MA
Headquarters
357 Commercial Street, Boston, MA, United States 02109

Mugatunes Team
Everyone helping build Mugatunes, not limited to employees

Profile picture of Drew Meagher
Drew Meagher
CEO & Co-Founder
Editor In Chief || Branding & Marketing || Business Dev || Tastemaker Recruiting Vetting || Content Management & Distribution
Profile picture of William Wissemann
William Wissemann
Technology Advisor
Full stack software engineer || Crawl Engineer at Hanzo Archives
Profile picture of Justin Albaniel
Justin Albaniel
Videography
Co-Founder at Wooden Grain Co.
Profile picture of Rob Gau
Rob Gau
Co-founder & Advisor
Music Aficianado || Sales at Warner Media
Profile picture of Nathan Dionne
Nathan Dionne
Investor & Advisor
Founder & CPO at NorthOut || Former CTO at Barstool Sports || Founder GamerDuel
Profile picture of Brett Maloley
Brett Maloley
Investor & Advisor
CEO at Ladder.fit || Former CEO at Game Plan || Former Co-Founder at Office To Octagon
Profile picture of Dave Carpentier
Dave Carpentier
Investor & Advisor
Founder & CEO at Assurely
Profile picture of Anthony Duignan-Cabrera
Anthony Duignan-Cabrera
Investor & Advisor
Director of Digital and Communications at Bamboo Technologies || CEO at ADC Strategy
Profile picture of Tom Digan
Tom Digan
Investor & Advisor
Partner & Head of Trading at Sorin Capital Management
Profile picture of Eric Engdahl
Eric Engdahl
Investor & Advisor
Founding Partner at Powerhouse Capital LLC
Profile picture of Mathew Thomas
Mathew Thomas
Advisor
CEO at Concertpass || CEO at Live Media Labs
8 more team members
Drew Meagher
CEO & Co-Founder
William Wissemann
Technology Advisor
Justin Albaniel
Videography
Rob Gau
Co-founder & Advisor
Nathan Dionne
Investor & Advisor
Brett Maloley
Investor & Advisor
Dave Carpentier
Investor & Advisor
Anthony Duignan-Cabrera
Investor & Advisor
Tom Digan
Investor & Advisor
Eric Engdahl
Investor & Advisor
Mathew Thomas
Advisor

Press

Interview with CEO Drew Meagher
Bloomberg.com Bloomberg.com
·
Jun 13, 2018

Bloomberg Baystate Business Hour - Interview with Mugatunes CEO, Drew Meagher (17:20)

Best Indie Music Blog of 2017
tunemunk tunemunk
·
Jan 1, 2018

The winner of the best indie music blog for 2017 was Mugatunes!!! Independent music (also called indie music or indie for...

The Best Music Blogs That Aren't Pitchfork
Refinery29 Refinery29
·
Nov 22, 2017

Their slogan is #noshittymusic — are you sold yet? Each day, the blog's authors creates curated playlists that show off t...

5 Music Sites to Get Hooked On
A.M. A.M.
·
Sep 25, 2017

Mugatunes was created by college roommates, that wanted a place to share the music they love. Since then this site has in...

How to Start a Tech Company If You Don't Know That Much A...
Entrepreneur Entrepreneur
·
Sep 8, 2017

After problems with devshops and struggling to get the product to where he knew it had to be, Drew Meagher didn't give up.

Bloomberg Business Hour - Drew Meagher Interview
Muga Media * Digital Agency for Artists & Brands Muga Media * Digital Agency for Artists & Brands
·
Apr 15, 2017

I sat down with Tom Moroney and Anne Mostue of Bloomberg Baystate Business hour to chat about the launch of our new Mugat...

Meet the startup on a mission to ban 'sh*tty' music - Bos...
Boston Business Journal Boston Business Journal
·
Aug 7, 2015

Mugatunes, an intercollegiate music-sharing platform, was the winner of a startup competition that matches startups with ...

Bottom Line: Mugatunes mushrooms to campuses around the g...
telegram.com telegram.com

A dropbox shared among roommates for good music has mushroomed into a social media music-sharing website for college camp...

Meet The Seven Music Startups That Were Featured At Canad...
Forbes Forbes

This past Thursday, Canadian Music Week held its first annual Startup Launch Pad, a pitch competition for startups in the...

Show all
Logo of Mugatunes

Mugatunes

Mugatunes successfully raised $93,950 from 217 investors on July 31, 2018
Profile picture of Kinson Au
Profile picture of Taaj Davis
Profile picture of Clifton McMillan Jr
Profile picture of Nathan Dionne
Profile picture of Robbie Hennig
Kinson, Taaj, Clifton, Nathan, Robbie, and 212 others invested. 45 Reviews
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