Music: the Groover startup raises 1.3 million euros to promote new artists

by bold-lichterman

Groover, a startup that supports musicians in their communication strategy, raises 1.3 million euros from Techstars, the Xavier Niel Kima Ventures fund, as well as from business angels such as Yann Miossec, Jean-François Camilleri or even the founders of mesdepanneurs.fr and Vestiaire Collective marketplaces.

Launched in 2018 by Romain Palmieri, Dorian Perron, Rafael Cohen and Jonas Landman, Groover is developing a platform for connecting artists and influencers, whether in the media or even labels. The artists choose who to send their pieces to and pay 2 euros per contact. The Parisian startup pays 1 euros for listening and writing a feedback to the artist from the contact, whether or not he decides to broadcast the song.

Groover claims more than 60,000 songs sent to its platform as well as a community of 270 influencers. Thanks to this fundraising, the startup aims to expand internationally. “The funds raised will allow us to double in size to improve the product experience and the quality of our service, internationalize our communities of artists and musical influencers in Europe and North America. We will also continue our research concerning the detection of emerging talents through the analysis of data passing through the platform.», Comments Romain Palmieri.


Groover: the key data

Founders: Romain Palmieri, Dorian Perron, Rafael Cohen and Jonas Landman
Creation: 2018
The head office : Paris
Sector: music
Market : networking platform between artists and influencers

Funding: 1.3 million euros in September 2019 from Techstars, the Xavier Niel Kima Ventures fund, as well as business angels such as Yann Miossec, Jean-François Camilleri or the founders of the marketplaces mesdepanneurs.fr and Vestiaire Collective.