How Much Did Groove Centric Raise?
Funding & Key Investors

Groove Centric, an Atlanta-based musical collective, has successfully secured a significant infusion of capital to bolster its operational footprint. The organization, which has established a robust presence in the regional R&B and jazz fusion scene, recently finalized a financing round totaling $10K. This latest injection of liquidity brings the firm's cumulative financial backing to $10K, marking a pivotal transition in its lifecycle as it moves toward broader market penetration and expanded artistic production.

What is Groove Centric?

Groove Centric
HospitalityPerforming Arts TheatersMedia & Internet

Founded in 2008, Groove Centric operates at the intersection of creative performance and commercial entertainment. The ensemble is recognized for an eclectic sound profile that synthesizes elements of blues, pop, funk, and jazz. Beyond live performance, the company has demonstrated a commitment to long-term asset development through a growing discography, including the debut album Crossing Bridges and the highly anticipated follow-up, Stopped Time. By leveraging its reputation for dynamic stage presence, the company is positioning itself as a scalable entity within the competitive independent music sector, focusing on both live event revenue and recorded media distribution.

How much funding has Groove Centric raised?

Groove Centric has raised a total of $10K across 1 funding round:

2021

Debt

$10K

Debt (2021): $10K with participation from PPP

Key Investors in Groove Centric

PPP

Public-Private Partnership

What's next for Groove Centric?

With the recent influx of growth capital, Groove Centric is well-positioned to accelerate its strategic roadmap. The focus will likely shift toward scaling production capabilities for upcoming releases and expanding the reach of their live performance tours. By optimizing their operational infrastructure, the band aims to capitalize on their established regional brand equity to secure larger festival bookings and broader digital distribution channels. This phase of development is critical for transitioning from a localized performance group to a more commercially viable entertainment brand, ensuring that their artistic output aligns with sustainable revenue growth models in an evolving digital music landscape.

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Frequently Asked Questions Regarding Groove Centric Financial Insights

What are the most recent funding rounds that Groove Centric has completed, and what were the funding rounds?
Groove Centric has recently completed 1 funding rounds: Debt on Feb 25, 2021.
What is the total amount of funding Groove Centric has raised to date?
Groove Centric has raised a total of $10K in funding to date.
How many funding rounds has Groove Centric completed?
Groove Centric has completed 1 funding rounds.
How much funding did Groove Centric raise in its most recent funding round?
Groove Centric raised $10K in its most recent funding round.
Who are the lead investors in Groove Centric's latest funding round?
The lead investor in Groove Centric's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Groove Centric's history?
The largest funding round in Groove Centric's history was $10K.
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