Brazilian social crowdfunding platform, Queremos or WeDemand, a site to promote concerts and other events, announced a funding round of c. $1m led by Beyond Digital Limited (advised by Talis Capital Limited), alongside leading industry investors, including Sean Moriarty the ex-CEO of Ticketmaster. Beyond Digital led this round having been impressed by the management team and their innovative vision for the future of concert promotion and crowdfunded live music, after initially meeting at TechCrunchDisrupt SF 2012.
Funding round will drive new product development and market expansion efforts in the US
Queremos will use the funds to expand in to the US live events industry under the brand WeDemand. Vasile
Foca , director and co-founder of Talis Capital said, “We are very pleased Beyond Digital led this round, partnering with some of the leading industry investors and angels and we look forward to a bright future with Queremos and WeDemand.” Matus Maar, director and co-founder of Talis Capital added, “Queremos is a proven and successful platform in Brazil, with an experienced and talented management team that can leverage their experience to develop crowdfunding for live concerts in the US and internationally.” Other investors included Sean Moriaty , former CEO and president of Ticketmaster alongside a syndicate of prominent Brazilian angel investors.
Since launching in 2010 Queremos has brought more than 50 international bands to Brazil and is now the largest crowdfunding site in the country. The platform has sold nearly 50k tickets and has attracted bands such as Feist, LCD Soundsystem, Vampire Weekend, Foster the People, Chromeo, Belle & Sebastian, The National and Of Montreal.
Tiago Compagnoni , CEO and co-founder of Queremos / WeDemand said, “We are very proud to have the Talis Capital team on board – they share and understand our vision for revolutionizing the live concert market.”