An Israeli startup is offering an easy way to make money in music production and entertainment.
On Wednesday, the company, Dont Let the Music Stop, announced it had raised $50,000 in seed funding from two angels.
“The idea was to create an easy-to-use platform that allows musicians to earn income in a way that doesn’t involve a lot of fancy accounting software,” Dont let the music stop co-founder Elazar Ben-Shahar said in a statement.
“It was an easy decision to create Dontlet the MusicStop.
It has a few features we never thought we’d need.”
Ben-Shachar and his co-founders are working on the platform with a partner, Digital Music Ventures, which specializes in bringing music production tools to the world’s biggest music festivals.
Ben-Schachar said that he plans to launch the platform as early as next month, and that it is not yet clear whether the money will be used to produce music videos or simply to make content for the platform.
“We have a lot to learn about how to grow and grow quickly and efficiently, and this is a good place to start,” Ben-Sachar told The Jerusalem Report.
The DontLetTheMusicStop platform allows users to make a donation to a songwriter or artist and receive a share of the income earned by the songwriter and artist.
Users can choose to send a payment via PayPal or bank transfer, or to set up a recurring payment option that is free of charge.
Ben–Shachars team also offers a paid option.
“This is an important step for us as we look to launch DontletsMusicStop.
The money will help us grow and support our artists and songs, and help us keep the platform up and running,” Ben–Schachars said.
Dont lets the music stops platform is currently in beta and will be open for business by mid–January.
Ben-Schatchar said he plans on working with his team to continue improving the platform and expand the number of people who can use it.
“I think we are still a very early stage, but I think we can make the platform more useful for people who are looking to make more money in the future,” Ben –Schachared said.
“There are plenty of people out there who are working hard, and there is a lot that can be done,” he added.
The Jerusalem Post asked Dont Lets the Music stop if the startup plans to expand beyond its initial target of 50 people.
The startup did not immediately respond to a request for comment.