Diplo, Red Light Management, Kevin Liles and More Join $12M Round for Social Audio Platform Stationhead

Social music platform Stationhead has closed a $12 million Series A funding round led by Buttonwood Group Advisors.

The startup has also secured investment from a significant list of music industry backers, including Red Light Management, TMWRK, Round Hill Publishing, Avex Entertainment, Craig Kallman and Julie Greenwald of Atlantic Records, Kevin Liles of 300 Entertainment and Jason Flom of Lava Records. , and DJ, songwriter and music producer, Diplo.

Stationhead plans to use the capital to accelerate the scale of its global platform and invest in engineering and user experience.

Stationhead says it lets users create “global stations in seconds” where they can stream music, talk live and connect with other users.

The US-based startup says it uses patented technology to allow users to stream music directly from their Apple Music and Spotify accounts “without any risk of copyright infringement”.

Artists have launched stations on the platform so far, including BTS, Imagine Dragons, and Cardi B, among others.

Since launching the beta in 2021, Stationhead claims to have reached five million users with 30,000 stations in 200 countries.

Stationhead claims that singular live streams on the platform have exceeded 600,000 people and that all users spend an average of more than two hours a day on the platform.

Users can also seamlessly integrate music and chat with Stationhead functionality to take live calls or co-host shows with other members.

Additionally, Stationhead hired Andrew Cornett as lead product designer, to oversee the design and engineering of new technologies and products for the platform.

Cornett comes to Stationhead with over ten years of product design and engineering experience.

Previously, Cornett was a product designer for HEIR, a digital platform to connect athletes with fans, director of product design for music software company Splice, and iOS engineer for Universe Inc, a website builder app.

He also worked at Kickstarter, designing the company’s first iPhone app and co-founded Jukely, a monthly concert subscription app.

Cornett’s initial work will focus on engagement and discovery tools like the new “Channels” feature, which acts as a “community hub” for artists and fans and highlights the top performing stations on the platform. .

The first “Channels” features artists who have used Stationhead to engage directly with fans, including BTS and Nicki Minaj.

Stationhead claims that BTS Channel had over 600,000 fans in one day, making BTS Channel “the largest social audio channel in the world”.

“Stationhead is the next evolution in online music. By building this with great empathy for artists and fans, we have become the next generation’s preferred global platform to consume music together.

Ryan Star, Station Manager

Stationhead CEO and Co-Founder Ryan Star said, “Stationhead is the next evolution in online music. By building this with great empathy for artists and fans, we have become the next generation’s preferred global platform to consume music together.

“On release week, we’re right in the thick of the action. The completion of this boost signifies Stationhead’s growing and pivotal role in the entire music ecosystem.

“We look forward to the company’s continued growth and innovation as a company”

Joseph A. Alagna, Joseph Gunnar & Co. / Buttonwood Group Advisors

Joseph A. Alagna, Chairman and CEO of Joseph Gunnar & Co., and Founder and Co-Manager of Buttonwood Group Advisors, added, “Stationhead has grown in popularity through its unique social streaming platform which has been quickly adopted by listeners and artists. .

“We look forward to the company’s continued growth and innovation as a business.”

“Stationhead has become an integral part of music releases, adding a whole new way for fans and artists to celebrate new releases globally together while pushing music up the charts.”

Murray Levison, Chief of Post

Murray Levison, co-founder and COO of Stationhead, said, “Stationhead has become an integral part of music releases, adding a whole new way for fans and artists to celebrate new releases together across the world while pushing the music up the charts.

“Artists like BTS, Cardi B, NBA YoungBoy, and Stray Kids have successfully used Stationhead to create amazing experiences with their fans and push their music to the forefront. These incomparable encounters between artists and fans happened organically and reflect the unique value that Stationhead offers.The music industry around the world

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