Gaingels

Gaingels is a venture capital investment firm founded in 2014 and based in Burlington, Vermont. It specializes in investing in companies led by LGBT+ founders and C-suite leaders across various stages of growth, as well as in established firms aiming to create more inclusive teams. With a global portfolio of over 130 companies and $70 million in investment capital deployed, Gaingels actively supports its portfolio by helping to identify and recruit diverse talent for leadership roles. The firm fosters a vibrant community of industry leaders, investors, operators, and entrepreneurs who are united in their mission to drive positive social change through business and successful investments.

Marc Baum

Investor

Jesse Curran

Principal

Ashley Flucas

Venture Partner

Max Frenkel

General Partner

Todd Havill

Research Operations and Principal, Investment

Surya Jayaweera

Angel Investor

Jennifer Jeronimo

CEO and General Partner

Jake Prigoff

General Partner

Peter Steinberg

General Partner

Alexandra Tanner

Investor

Lorenzo Thione

General Partner

Past deals in Music Streaming

SoundMind

Pre Seed Round in 2022
SoundMind is a mental health platform that specializes in personalized music therapy to assist individuals in managing stress, anxiety, and trauma. Founded in 2020 and based in Los Angeles, California, the platform primarily targets students and marginalized communities, emphasizing the therapeutic power of music for mental wellness. SoundMind offers a data-driven solution that enables organizations to monitor overall wellness among their members while providing users with instant opportunities to reset and refocus. Through its tailored audio and visual therapies, the platform aims to enhance mood and promote relaxation, empowering users to take charge of their mental health.

Encore Music Technologies

Seed Round in 2022
Encore is an interactive live music mobile-based platform aiming to help artists monetize their connections with fans. It enables live music experiences through smartphones, fan interaction, community-centered content, and merchandise offerings to give fans new ways to reward the artists they love. The interactive live music app was launched in 2020 by Kid Cudi, Ian Edelman, and start-up veteran Jonathan Gray.

Fireside

Seed Round in 2021
Developer of a next-generation podcast platform intended for creators to bring the audience into the story through live, interactive, virtual shows. The company's platform is made for podcasting and conversing with listeners through said podcasts, enabling podcast hosts to distribute shows everywhere with the click of a button, understand what their audiences want more of with sophisticated analytics, and connect with those audiences in real-time.

Fireside

Seed Round in 2021
Developer of a next-generation podcast platform intended for creators to bring the audience into the story through live, interactive, virtual shows. The company's platform is made for podcasting and conversing with listeners through said podcasts, enabling podcast hosts to distribute shows everywhere with the click of a button, understand what their audiences want more of with sophisticated analytics, and connect with those audiences in real-time.

Struum

Series A in 2021
Struum is an innovative platform that aggregates streaming content, allowing viewers to access thousands of shows and movies from over 60 services through a single monthly subscription. It simplifies the streaming experience by enabling users to search, discover, and redeem content using credits. The platform offers a diverse range of programming, including documentaries, indie films, classic movies, true crime series, and multicultural content, catering to various interests and demographics. Struum's approach allows consumers to effortlessly navigate and enjoy a wide array of entertainment options from different subscription video-on-demand providers, enhancing their viewing experience.

Jet Media Network

Seed Round in 2021
Jet Media Network operates a media platform focused on creating customized digital destinations for high-profile athletes and celebrities. The company emphasizes data-driven strategies to develop next-generation media networks that empower communities. By providing tailored mobile experiences, Jet Media Network facilitates direct connections between athletes, celebrities, and their fans, fostering engagement and interaction.

Steady

Series A in 2021
Steady Media UG, founded in 2016 and headquartered in Berlin, Germany, offers an online subscription platform tailored for independent content creators such as bloggers, podcasters, and video producers. The platform enables these creators to monetize their communities by converting followers into paying members, thus providing a more stable revenue stream compared to traditional advertising or donations. Steady's comprehensive tools assist users with marketing, community management, and financial aspects of their subscription strategies, allowing creators to focus on content production while managing subscriptions efficiently. The company operates by taking a share from each transaction, providing a streamlined solution for content monetization.

Songclip (Audiobyte)

Venture Round in 2021
Songclip™ is a new licensed music format built specifically for texting, social posts, and quick communication. Songclip’s multi-patented networked product solution, the Songclip API, integrates seamlessly into social platforms, mobile apps, and virtual marketplaces to drive expression, monetization, and music streaming. Songclip operates the world’s foremost searchable library of 5-30 second meta-tagged music clips, in partnership with the music industry. For more information, visit songclip.com

Revry

Seed Round in 2021
Revry, Inc. operates a digital media network that streams a diverse array of entertainment content specifically created for queer and allied audiences. Founded in 2016 and based in Glendale, California, the platform offers films, television series, podcasts, music albums, and original productions, all accessible via web and mobile devices. Revry highlights the best of queer culture and voices globally and is available in over 250 million homes and devices through various OTT, mobile, and online platforms, including Samsung TV Plus, The Roku Channel, and Comcast Xfinity X1. The company is led by a diverse founding team with extensive experience in technology, digital media, and LGBTQ+ advocacy, reflecting its commitment to representing queer perspectives in entertainment.

Struum

Venture Round in 2021
Struum is an innovative platform that aggregates streaming content, allowing viewers to access thousands of shows and movies from over 60 services through a single monthly subscription. It simplifies the streaming experience by enabling users to search, discover, and redeem content using credits. The platform offers a diverse range of programming, including documentaries, indie films, classic movies, true crime series, and multicultural content, catering to various interests and demographics. Struum's approach allows consumers to effortlessly navigate and enjoy a wide array of entertainment options from different subscription video-on-demand providers, enhancing their viewing experience.

MasterClass

Series E in 2020
MasterClass, founded in 2015, is an online education platform that offers video-based courses taught by prominent celebrities, athletes, and industry leaders. The platform allows users to learn from experts like Anna Wintour, Timbaland, and Serena Williams through hundreds of video lessons accessible anytime, anywhere. With an All-Access Pass, subscribers can engage with diverse content that includes interactive exercises and course materials, fostering both academic and professional growth. MasterClass aims to democratize learning by providing high-quality educational experiences, enabling individuals to enhance their skills and knowledge across various disciplines.
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