Chordify recently launched a very successful crowdfunding campaign to raise €180,000 to kickstart the growth process. They reached their goal amount on Tuesday, and because of popular demand, they decided to raise the bar to €250,000. If you still want to become a shareholder, you’ve only got 9 days left before the campaign ends.
“The response to our campaign has been really amazing, from fellow entrepreneurs here in Groningen, our own users and even total strangers”, says Gijs Bekenkamp, one of the founders. “I can’t begin to explain just how awesome all that support and enthusiasm feels. That’s why we’ve decided to use the remaining days of our crowdfunding campaign to go into overfunding, to give people who are still interested in becoming a shareholder the opportunity to do so, with of course the same conditions as the people who’ve already invested. We’ll be using the additional funding to further speed up our market development”
For those of you who want a quick recap: Chordify is an online music service, made for and by music enthusiasts, that transforms music from YouTube, Deezer, SoundCloud or your private collection into chords. The service automatically recognizes chords from the audio signal, and aligns them to the music in a simple and intuitive player.
The Chordify WebApp has been up and running since January 2013. Since then, the company has grown steadily and organically, welcoming over 42 million unique visitors to the platform. 4.7 Million songs have been chordified by users and 540,000 people have registered to the service.
That’s already impressive, but Chordify doesn’t want to stop there. In the coming years, they want to grow even faster, by making the platform more mobile and social, which is why they’ve launched a crowdfunding campaign. In return for your investment, you become a shareholder of the company and investments start as low as €20. Gotta hurry though, there’s only 9 days left before the campaign ends.