aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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HotDrop: A venture-backed platform connecting undiscovered artists with superfans for rapid music discovery.
HotDrop, a Techstars and venture-backed startup, was founded by a team of Gen-Z music enthusiasts and artists. The platform aims to revolutionize music discovery by connecting undiscovered artists with superfans through 30-second snippets that facilitate rapid and viral sharing. HotDrop's core mission is to spotlight emerging talent and transform the way new music is consumed and shared, particularly focusing on the Gen-Z demographic. The app offers a unique feed of new music, allowing users to explore, share, and support artists directly.
Notable figures associated with HotDrop include its founding team of Gen-Z music aficionados and backing from Techstars, a prominent startup accelerator. Within just two days of its initial launch, the HotDrop app achieved over 25,000 downloads and ranked 7th in its category, demonstrating significant early traction. The platform has had a considerable impact by providing a stage for invisible artists to gain visibility and build a community of dedicated superfans, thus reshaping the music discovery landscape.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Music Discovery
Technology
Analytics, AI
Tags
GenAI, Music
Model Types
SaaS, Platform
Revenue Type(s)
Transactional, Recurring
Customer Type(s)
Consumers
Geographic Exposure
Global
When was HotDrop founded?
HotDrop was founded in 2021.
Where is HotDrop’s headquarters located?
HotDrop’s headquarters is located in Boston, MA, US.
How many employees does HotDrop have?
HotDrop has 18 employees as of Feb 4, 2024.
Add Comparison
Total Employees Over Time
18
As of Feb 2024
HotDrop Address
Boston,
Massachusetts
02110
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts