Discuz founder, Daniel D. Sperling, has an interesting story to tell.
Discuz has raised $9 million in seed funding.
Diving into the business of sharing music has been a lifelong passion for the founder, who said he learned to love the music business in college.
He decided to start a business when he was 21 and quickly learned he needed a way to monetize his passion.
Discuz is a platform that lets people download, store and stream music in real-time, and the company says it has already raised $1.5 million.
That makes the company the most successful of any of the many startup projects launched this year.
“Discuz is very much a social media company, not a streaming or music-centric company,” Sperles company founder, Sari Noyes, said.
“We are creating an opportunity for a new generation of music fans to get the same level of experience that they are getting on their phone or tablet.”
It’s a strategy that has proven successful for Sperlings past investments.
In addition to Spotify and Apple Music, Discuz lets you search for, download and stream the music of other users.
The company says its music is currently available for purchase in 25 countries.
The biggest revenue source from users is from the streaming side, where users can buy songs and add them to their favorites.
The service also has a premium option, which lets users stream their own music.
“This is a great opportunity for discuz to become the go-to platform for the music community,” Noyed said.
Discoz has a ton of music to share, and it is a unique opportunity to be able to offer a way for the community to share music in the same way Spotify and other streaming services offer.
“Music lovers have always been fans of the music they love,” Noys said.
He said the company is focusing on making its content available to the world at large, with the goal of getting people to become better artists.
“As the industry matures and the music becomes more accessible, we are also excited to be providing that experience for all of our users,” Nolls added.
Disciz also plans to expand its music offerings in other ways.
Discutions, for example, will be able offer a subscription service to the music and videos, where customers will be charged a monthly fee.
The first customers to sign up for this service will get a monthly subscription.
The money will be used to cover the costs of creating, maintaining and promoting the platform, Noys said.
That will also help pay for a lot of other projects, including hiring a full-time marketing team and expanding the company’s presence in the United States.
Noyles said the goal is to make the service a great fit for the broader music community, but that the focus is on giving the community the tools they need to succeed.
“It is our mission to build the best community music platform in the world,” he said.
In the coming months, the company plans to bring in a team of people who will help with the business side of things, Noys added.
As the platform grows, the first customers will get to watch their music being created and play it on the Discuks service.