Corite
PrivateLast Round
Initial Coin
Offering
Sep 28, 2022
Est. Valuation
$35M
Total Funding Raised
$6.55M
Company Overview
Corite is a music and technology company that operates a fan-powered funding and promotion platform allowing artists to raise capital from fans in exchange for a share of future streaming royalties.
Sector
FinTech
Verticals
Creator Economy, Investment Platforms, Tokenization, Music Streaming
Business Model
B2B2C
Customer Profile
Marketplace Commission, Revenue Share
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Corite Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Corite Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Initial Coin Offering | Sep 28, 2022 | ||||
| Private Placement | Jan 27, 2022 | ||||
| Pre Seed | Jul 26, 2021 | ||||
| Seed | May 26, 2021 | ||||
| Seed | Jun 10, 2020 |
Key People
Founding team and executive leadership
Corite Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Rarestone Capital | Private Placement |
| KuCoin Labs | Private Placement |
| Titans Ventures | Private Placement |
| Liquid Capital | Initial Coin Offering |
| Parachain Ventures | Private Placement |
| Everse Capital | Private Placement |
| NGC Ventures | Pre Seed, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 28, 2022
$1.47M raised with participation from Shima Capital and KuCoin.
- Jan 27, 2022
Raised $6.2M from Everse Capital and other VCs.
Corite Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
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Frequently Asked Questions
Common questions about Corite's valuation, stock price, and market status.