Thursday, August 26, 2021
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Social live-media platform
Moment House has closed a $12m Series A financing round led by
Forerunner Ventures. Other investors include
Halsey, UTA Ventures,
Whitney Cummings,
KAYTRANADA and his manager
William Robillard-Cole and
Cameo founder
Devon Townsend.
Moment House was hatched at
Jimmy Iovine and
Dr. Dre’s innovation academy at
USC. It brings artist and creator communities together for ticketed events, or "moments." Early investors included
Troy Carter,
Scooter Braun,
Steve Stoute’s
UnitedMasters,
Post Malone co-manager
Austin Rosen,
Logic manager
Chris Zarou and actor
Jared Leto.
Recent Moment House clients include
Tame Impala,
St. Vincent,
Kygo and KAYTRANADA.
Halsey will deliver a Moment House performance 8/28-29 in support of her new album,
If I Can't Have Love, I Want Power (
Capitol). Tickets are available
here.
“This fundraising round allows us to deepen the consumer social experience and open up the platform so any creator can make a Moment,” said Moment House CEO and co-founder
Arjun Mehta. “Everything we've done so far is just Step 1 of a much bigger plan to help build the metaverse.” Freaky, man.