What is Jukely?
Jukely, Inc., headquartered in Brooklyn, New York, operates as a privately owned computer software company. Its core business revolves around developing subscription-based mobile applications that grant members access to concerts and musical performances for a fixed monthly fee. By forging partnerships with various musical venues, Jukely secures an allocation of tickets and seats per performance, offering a novel approach to event access and consumption for its user base. The company's innovative model targets a growing market of music enthusiasts seeking flexible and affordable ways to experience live events.
How much funding has Jukely raised?
Jukely has raised a total of $13M across 7 funding rounds:
Multiple Rounds
$1M
Multiple Rounds
$4M
Angel/Seed
$8M
Angel/Seed (2013): $118K with participation from Techstars
Other Financing Round (2013): $300K led by Techstars, Archangel, and Paul Sethi
Other Financing Round (2013): $600K supported by Larry Marcus and Hany Nada
Angel/Seed (2014): $500K, investors not publicly disclosed
Angel/Seed (2014): $1.1M, investors not publicly disclosed
Other Financing Round (2014): $2.4M with participation from Larry Marcus, Charles Goldstuck, Northzone, 14W, Amol Sarva, Hany Nada, Techstars, and Paul Sethi
Angel/Seed (2015): $8M led by Larry Marcus, Northzone, Lyor Cohen, 14W, Jared Hecht, Steve Martocci, David J. La Placa, and Hany Nada
Key Investors in Jukely
Northzone
Northzone is a multi-stage venture capital fund with over $1.7 billion under management, specializing in disruptive technology cycles and having invested in over 150 companies, including notable successes like Spotify and Klarna.
14W
14W is an investment firm that has backed Jukely's growth, indicating a focus on technology and subscription-based business models.
Techstars
Techstars is a global ecosystem that empowers entrepreneurs, providing mentorship and capital through its accelerator programs, supporting early-stage companies like Jukely.
What's next for Jukely?
With the recent major strategic investment and substantial overall funding, Jukely is poised for significant scaling and market penetration. The company's focus on subscription access to live music events positions it to capitalize on evolving consumer preferences for experiential entertainment. Future strategies likely involve expanding its network of venue partnerships, enhancing its mobile application's features, and potentially exploring new market segments or geographic regions. This strategic financing will be critical in solidifying Jukely's position as a leader in the concert access and ticketing industry, driving innovation in how fans connect with live music.
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