WavLive raises €300,000 from WeLikeStartup.
WavLive, a Paris France-based startup building a music streaming service, announced securing €300,000 ($350k).
The money was raised from WeLikeStartup, after the company graduatued from its startup accelerator program. The proceeds will help finance the development of the startup (marketing, operations, recruitments, technical developments, production).
WavLive was founded in 2017 by Alain Ilhe as a music streaming platform with a model based on a fair remuneration system, called "user-centric", where each artist is paid according to the number of plays he generates.