BeatGig Secures Strategic Investment
BeatGig, a New York-based Software-as-a-Service (SaaS) platform for live entertainment, has secured strategic investment.
The funding round was led by former HSBC COO John Hinshaw and former Goldman Sachs CMO Peter D. Kiernan III, bringing BeatGig’s total capital raised to over $5 million.
Hinshaw and Kiernan will also join BeatGig's Board of Directors.
The company plans to use the funding to accelerate product development and expand its executive team.
BeatGig is a technology company offering a software-as-a-service (SaaS) platform for booking, managing, and promoting live entertainment at local venues. The platform simplifies the process of organizing live music and entertainment for a variety of events, including college gatherings, bars, and private parties. Since its launch in 2021, BeatGig has facilitated the booking of over 40,000 concerts.
Funding Details
Company: BeatGig
Raised: Undisclosed
Round: Strategic
Funding Date: November 2024
Lead Investors: John Hinshaw, Peter D. Kiernan III
Company Website: https://beatgig.com/
Software Category: Event Management