Last Updated on: 21st November 2023, 08:25 pm
Some industries come and go, but there is little doubt that people will always want to go to see live music.
Thus, it is no surprise to see GigList, the first big-data aggregation site for the live music industry, making so many waves in the business world.
There is quite a bit of momentum behind the company, with it having already raised 56 percent of its £120k equity crowdfunding target.
It is aiming to gain more investment from lovers of live music and savvy business people, as it looks to grow its music tech platform. The platform has thus far proved to be a hit, as it provides an online discovery space for music fans who are looking for their next gig.
GigList isn’t just a local focussed site either – at the moment, it boasts over 22,000 live UK events and gigs and it says that this number is “growing rapidly.”
The proposed business plan for GigList is to expand into the massive market in the US by the end of this year.
The business intends to use funds raised from investors to do this and has added that it will also “develop the platform to broaden its data reach and deepen the music data complexity it presents.”
As part of this growth plan, GigList also intends to recruit expert writers to boost its editorial team, improve the overall customer experience of the site and build viable and prosperous business relationships.
They cite a rapidly growing live music industry in both the US and the UK as one of the key reasons for their continued success.
James Eddleston, CEO and Co-founder of GigList, said that the idea for the site came from the traditional means of discovering new music fading away.
He said: “GigList came about because of a realisation I’d had, which was that the old sources of reading about the newest musical artists and also finding out when and where they were playing, have all but died out.
“Drawing upon my experience in technology and big-data, I thought why not use that type of technology to build something comprehensive for the music fan. Plus, not constantly trying to barrage them with adverts or things to buy, just a really cool platform to discover events and artists, and read great content.”
You can visit the GigList crowdfunding page at www.seedrs.com/giglist.