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Corite

Corite

Private
StockholmFinTechhttps://corite.com/

Last Round

Initial Coin

Offering

Sep 28, 2022

Est. Valuation

$35M

Total Funding Raised

$6.55M

Company Overview

Corite is a music and technology company that operates a fan-powered funding and promotion platform allowing artists to raise capital from fans in exchange for a share of future streaming royalties.

Sector

FinTech

Verticals

Creator Economy, Investment Platforms, Tokenization, Music Streaming

Business Model

B2B2C

Customer Profile

Marketplace Commission, Revenue Share

AI Layer

Application

Keywords

fan fundingroyalty sharingmusic royaltiesmusic crowdfundingmusic fintechartist fundingcreator economymusic investmentmusic distributionroyalty investingblockchain musicmusic marketplacetokenized royaltiesweb3 musicutility token

Historical Pricing

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Caplight Momentum Score

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Corite Comparables

Compare Corite with similar companies based on industry and business-model similarity.

Corite comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Anotherblock
87%
Vezt Inc.
86%
Royal
85%

Corite Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Initial Coin OfferingSep 28, 2022
Private PlacementJan 27, 2022
Pre SeedJul 26, 2021
SeedMay 26, 2021
SeedJun 10, 2020

Key People

Founding team and executive leadership

Emil Angervall

Chief Executive Officer, Co Founder CPO

Founding Team

Corite Investors

Notable investors and investment history

Corite investors
InvestorRounds
Rarestone CapitalPrivate Placement
KuCoin LabsPrivate Placement
Titans VenturesPrivate Placement
Liquid CapitalInitial Coin Offering
Parachain VenturesPrivate Placement
Everse CapitalPrivate Placement
NGC VenturesPre Seed, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 28, 2022

    $1.47M raised with participation from Shima Capital and KuCoin.

  • Jan 27, 2022

    Raised $6.2M from Everse Capital and other VCs.

Corite Filings

Explore SEC and related filing metadata, where available.

Corite filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Corite's valuation, stock price, and market status.

Is Corite a public or private company?

Corite is a private company.

What is the current stock price of Corite?

Corite is a private company with no public stock price. No recent secondary market data is available.

How much is Corite worth (valuation)?

Corite's valuation is estimated at $22.0M based on funding round data.

Can I buy Corite stock?

Corite shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Corite's last funding round?

Corite's most recent funding round was Initial Coin Offering on May 26, 2021.

Who are the main investors in Corite?

Key investors in Corite include Rarestone Capital, Titans Ventures, Parachain Ventures, Everse Capital, NGC Ventures.

Will Corite IPO soon?

No public IPO plans have been announced for Corite.

How can I track Corite secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Corite's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersStockholm
Employee Range6
Year Founded2018
Last FundingSep 28, 2022

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