Parallel18

Parallel18 is an international innovation hub and accelerator firm established in 2015, located in San Juan, Puerto Rico. The organization is dedicated to supporting underrepresented founders globally by offering funding, mentorship, and essential business connections. It primarily focuses on the software sector and aims to foster entrepreneurship across Latin America, the United States, and Puerto Rico. By providing resources and guidance, Parallel18 seeks to enhance the growth and success of diverse startups in a competitive landscape.

Past deals in Music Streaming

sonGain

Grant in 2024
SonGain is a platform dedicated to supporting emerging music artists, particularly in Latin America. It connects fans with the opportunity to purchase future royalty rights from these artists, providing a new form of financial support. The company also offers guidance and professional connections to help artists navigate the music industry, reducing uncertainty and fostering career growth.

sonGain

Pre Seed Round in 2024
SonGain is a platform dedicated to supporting emerging music artists, particularly in Latin America. It connects fans with the opportunity to purchase future royalty rights from these artists, providing a new form of financial support. The company also offers guidance and professional connections to help artists navigate the music industry, reducing uncertainty and fostering career growth.

StageBoom

Seed Round in 2018
StageBoom is an early-stage online marketplace based in Puerto Rico that simplifies the process of booking musicians for live events. Co-founded by Yiselle M. Dipiní Andreu and Charlie A. Fuentes Cruz, the platform allows users to search a curated database of musicians by filtering options such as event type, musical genres, and musician names. Once a decision is made, the payment process is securely handled within the platform, eliminating the need for quotes and enhancing convenience for both clients and musicians. By automating and centralizing the booking process, StageBoom aims to make live music more accessible while supporting musicians in focusing on their craft. Ultimately, the company aspires to foster a greater appreciation for live music and its economic impact.

StageBoom

Grant in 2017
StageBoom is an early-stage online marketplace based in Puerto Rico that simplifies the process of booking musicians for live events. Co-founded by Yiselle M. Dipiní Andreu and Charlie A. Fuentes Cruz, the platform allows users to search a curated database of musicians by filtering options such as event type, musical genres, and musician names. Once a decision is made, the payment process is securely handled within the platform, eliminating the need for quotes and enhancing convenience for both clients and musicians. By automating and centralizing the booking process, StageBoom aims to make live music more accessible while supporting musicians in focusing on their craft. Ultimately, the company aspires to foster a greater appreciation for live music and its economic impact.
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