Live Undiscovered Music (L√úM)

company

About

We’re creating a digital community of artists and their NFT collectibles that give fans an all-access pass to owning their fandom

Details

Last Funding Type
Funding Round
Last Funding Money Raised
$1.70M
Industries
Blockchain,Cryptocurrency,Music,Music Streaming,Social Media,Video
Founded date
Feb 22, 2018
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Live Undiscovered Music, Inc.
Also Known As
LÜM ,LUM,Live Undiscovered Music

LÜM will introduce blockchain technology and NFTs to an entire generation of artists, and fans. Our goal is to launch NFT Access Passes with over 10,000 artists by providing an easy on-ramp for the music industry to participate in blockchain, the metaverse and real world experiences. By putting the value of an artist back into the hands of fans, we will redefine the concept of fandom in music and revolutionize the fan-to-artist relationship.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$6.10M
Live Undiscovered Music (L√úM) has raised a total of $6.10M in funding over 2 rounds. Their latest funding was raised on Jul 1, 2021 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 1, 2021 Funding Round $1.70M Detail
Apr 1, 2020 Seed $3M 3 Detail
May 20, 2019 Seed $0.90M Detail
Jun 1, 2018 Pre-seed $500K Detail

Investors

Number of Lead Investors
Number of Investors
3
Live Undiscovered Music (L√úM) is funded by 3 investors. Alumni Ventures and Wisconsin Alumni Research Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
Alumni Ventures Seed
Wisconsin Alumni Research Foundation Seed
Wisconsin Investment Partners Seed

Employee Profiles

Number of Employee Profiles
9
Live Undiscovered Music (L√úM) has 9 current employee profiles, including Executive Max Fergus
Executive
Advisor
Advisor
Executive
Employee