What is Jukely?
Jukely, Inc. is a privately held computer software company headquartered in Brooklyn, New York. The firm specializes in developing subscription-based mobile applications designed to grant members access to concerts and musical performances for a recurring monthly fee. By forging strategic partnerships with various musical venues, Jukely secures allocations of tickets and seats, thereby creating a distinct value proposition for its user base. This model aims to simplify and enhance the experience of attending live music events through a convenient digital platform.
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 Paul Sethi, Techstars, and Archangel
Other Financing Round (2013): $600K supported by Hany Nada and Larry Marcus
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 Techstars, 14W, Larry Marcus, Charles Goldstuck, Paul Sethi, Amol Sarva, Hany Nada, and Northzone
Angel/Seed (2015): $8M led by Lyor Cohen, Northzone, Jared Hecht, Steve Martocci, 14W, Hany Nada, Larry Marcus, and David J. La Placa
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. They have a strong track record of investing in category-defining companies.
14W
14W is an investment firm that focuses on early-stage technology companies, providing strategic capital and operational support to help them scale.
Techstars
Techstars is a global network of startup accelerators and venture capital funds, dedicated to helping entrepreneurs build successful companies through mentorship and resources.
What's next for Jukely?
With the infusion of $8M in its latest major strategic investment, Jukely is poised to further enhance its technological infrastructure and expand its network of venue partnerships. This significant capital injection, contributing to the overall $13M raised, will likely fuel product development, marketing initiatives, and potentially geographic expansion. The company's focus on a subscription model for live event access suggests a strategic direction towards building a loyal customer base and recurring revenue streams, positioning Jukely for a prominent role in the evolving landscape of entertainment consumption.
See full Jukely company page