HitRecord operates an online portal that lets artists submit ideas, find collaborators and build creative projects together, with contributors paid based on their original contributions. The company has been run as a production business for years and has paid its community roughly $3 million since 2010. HitRecord employs a team of 24, led by CEO and co-founder Joseph Gordon‑Levitt, president Jared Geller and creative director Marke Johnson. It has been cash‑flow positive for the past five years and had not taken outside capital until this raise. The company has produced monetized projects including an Emmy‑winning TV show and partnerships such as with Ubisoft, and is now planning to transition into a fuller technology platform. The funding is intended to build tools and an app to scale collaborative productions and enable broader user‑driven projects.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2019