The round was led by Bridford Group, with participation from Amuse and various industry angels.
"I started producing music when I was 13, and over the years I’ve been lucky enough to work with some incredible artists and producers. So much effort that goes into the creative process gets lost purely because of disconnected tools and current creator tools felt outdated. This investment will support our growth and ambition to be the single source of truth in the industry, just like Notion is for businesses. There is an opportunity here to improve tools available to creators and build CHAOS, to replace music’s outdated and fragmented software. We are grateful to our investors and industry leaders backing our vision."
The funding round was led by Bridford Investments and featured a crowdfunding campaign on Crowdcube.
"The sheer popularity of the crowdfund shows that Penfold is a solution to a real problem for lots of people. Saving for your future should be as easy as online banking, but the legacy pension companies are making it hard for consumers to have visibility or control of their pension pots. We’re cutting out the complexity in pensions – and people are showing their support by investing in us."
