NEW YORK--(BUSINESS WIRE)--Jukely Unlimited (http://jukely.com/unlimited) is continuing to fuel its rapid expansion, raising $8 million in a seed extension round from existing investors, led by Spotify investors Northzone and Alex Zubillaga's 14W, with additional participation from Larry Marcus, Hany Nada, Lyor Cohen, Maiden Lane and GroupMe founders Steve Martocci and Jared Hecht.
Proceeds from this funding round will be used to grow the team and expand the Jukely Unlimited service into more cities around the world. Since launching last October, the concert subscription service has already launched in 10 cities – including New York, Los Angeles, San Francisco, Austin, Chicago, Miami, Toronto, Seattle, Philadelphia and Denver – and subscribers can attend free shows in all of them.
"The service has proved to generate additional revenue and is clearly expanding the market for the live music industry by getting music lovers to attend shows they normally wouldn't go to see," said Bora Celik, Jukely Founder.
Mainly positioned as an emerging artist discovery service, Jukely's subscribers are going to 2-3 shows per month on average, and 65 percent of subscribers claim to be going to see artists they'd never heard of before.
The concert subscription service enables music fans to attend an unlimited number of live shows in their area for just $25 per month, or with an Unlimited Plus membership, subscribers have the option to either bring a friend along to shows or use the additional pass for themselves to gain entry into a separate show the same day. This means subscribers can technically go to 60 events in one month if they took full advantage of the Unlimited Plus service, for a flat fee of $45 a month. New shows go live daily on the site at 11 a.m. posting about 3 days before the event takes place. Subscription gifting is also available at http://jukely.com/unlimited/gifts.
Jukely Unlimited started out as Jukely, a service to market shows and for people to search and discover new artists in their area and purchase tickets. It evolved into Jukely Unlimited offering users a monthly subscription fee to see as many concerts in their area as they wanted.
Jukely is currently hiring for design, engineering and marketing roles: http://jukely.com/jobs.
To learn more about Jukely Unlimited and sign up for the service today, download the iOS app at https://itunes.apple.com/us/app/jukely-see-great-shows.-discover/id590428284?mt=8, visit http://jukely.com/unlimited, and follow Jukely on Facebook (https://www.facebook.com/jukelyapp) and on Twitter, @Jukely.
About Jukely
Jukely, funded by key investors from Spotify, Pandora, Soundcloud and more, tracks location and music taste data across Jukely users and their friends. Using this data, Jukely enables concert promoters and venues to increase traffic to their events via its personalized concert and friend recommendations technology. Jukely was one of 11 companies out of 1,700 applicants to be accepted into the Techstars NYC 2013 accelerator.
Jukely is founded by Bora Celik. Celik, an engineer and concert promoter, put together close to 100 shows, including top acts such as Tiesto and Kaskade.
