• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, July 22, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Rapchat bags $2.3M funding as it hits the 7M users mark

by Chhavideep Singh
May 1, 2021
in Business, Startups, World
Reading Time: 2 mins read
0
Rapchat
TwitterWhatsappLinkedin
Rapchat
Source: Music Ally

Rapchat is nothing like Snapchat and it is about creating and sharing music with the community. The Columbus-based start-up intends to democratize music creation by offering users a platform where they can record and share music, songs, raps from their smartphones. Recently, the company has announced to have raised USD 2.3 million after it hits the 7 million monthly active users mark.

You might also like

Lalit Modi Scores Big Legal Win as Tribunal Quashes ED Penalty in 2009 IPL FEMA Case

Why Costco Doesn’t Accept American Express: The Business Strategy Behind the Visa-Only Policy

Why Costco’s Membership Model Is So Profitable

Founded back in 2015 by Seth miller and Great Gibson, Rapchat is everything that Snapchat, Instagram and Facebook are but only for music tracks, songs, tunes, raps and vocals. The above-mentioned three platforms are at the top of their game in the social media ecosystem and when you think about it, these applications have driven people to become photographers, videographers and storytellers through a visual format. Rapchat intends to have the same effect on people and drive them to create music for the “social music app”. As the name suggests, Rapchat also focuses on rappers and the rapping style of music that has driven the past decade with some incredible rhythms and beats mixed with a pure story.

Nico Wittenborn, a lead investor at a Venture Capital firm says, Rapchat has created a mini studio that fits right into your pockets and that is it, really!

Anyhow, when asked about the latest infusion of funds, the start-up mentions utilising the funding in expanding its scope for what the creators can use the application for. The company also plans on increasing its prize pools for Rapchat competitions to drive more people to join the platform. The company is working towards onboarding more and more artists, industry executives and producers on the platform to mentor and extend the start-up’s integrity more deeply.

When we talk about creators, the first thought in our mind comes of Instagram, YouTube and TikTok where people follow their passion of creating some phenomenal visual content for people to see, get entertained and engage with them through likes, comments and followers/subscribers. Rapchat’s intention with the platform is to itch the content creation ecosystem by dropping a platform for all the music lovers who are looking for something to share their music on.

Rapchat is a free platform as of now but according to the founder, Seth Miller, the company plans to offer more production tools, premium features and better ways to share their music creation with the community. Rapchat intends to allow users to make a business out of this platform and the key to that will be never demanding licensing fees on music and let the creators keep all their royalties.

Rapchat certainly has a long way to go but with this latest funding, it is promoted to go on the right path to success and make an impact in the music industry by providing a platform to musicians and singers.

 

Tags: fundingRapchat
Tweet54SendShare15
Previous Post

Google targets misleading app listings on Play Store with new policies

Next Post

Bitcoin rises 8% to $58k as $4.2B options expire

Chhavideep Singh

Hi! I'm Chhavideep, If you like reading about technology, business and start-ups, you've come to the right place. Catch me: chhavideep@connasys.com

Recommended For You

Lalit Modi Scores Big Legal Win as Tribunal Quashes ED Penalty in 2009 IPL FEMA Case

by Rounak Majumdar
July 22, 2026
0
Lalit Modi Scores Big Legal Win as Tribunal Quashes ED Penalty in 2009 IPL FEMA Case

Former Indian Premier League (IPL) chairman Lalit Modi has received significant relief in a long-running case involving alleged violations of the Foreign Exchange Management Act (FEMA) during the...

Read more

Why Costco Doesn’t Accept American Express: The Business Strategy Behind the Visa-Only Policy

by Ishaan Negi
July 22, 2026
0
Why Costco Doesn’t Accept American Express: The Business Strategy Behind the Visa-Only Policy

Walk into almost any major retailer today, and you'll find a familiar sign at the checkout counter: We accept Visa, Mastercard, American Express, and Discover. It's become the...

Read more

Why Costco’s Membership Model Is So Profitable

by Ishaan Negi
July 22, 2026
0
Why Costco’s Membership Model Is So Profitable

Retail has never been an easy business. Consumer preferences change constantly, competition is fierce, and economic downturns often force shoppers to cut back on spending. Yet every once...

Read more
Next Post
How to Buy Bitcoin in India online 2021

Bitcoin rises 8% to $58k as $4.2B options expire

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?