REC Philly
901 Market Street, Unit 2120, Philadelphia, PA, 19107, United States
Overview
REC, founded in 2015, operates as a creative incubator and creative agency ecosystem aimed at turning artists and creators into creative entrepreneurs. The company provides production facilities, agency services, and community support to independent creators and claims one thousand active members. REC reports brand partnerships with Live Nation, Comcast, and T-Mobile, and says its creative agency has delivered $2 million in revenue to its community. The recent capital will fund a 12,000-square-foot Miami hub featuring recording studios, editing bays, dance and design studios, an event venue, and co-working space. REC expects membership for the Miami space to start around $599 per year and is positioning Miami as the first of multiple cities for expansion. The organization emphasizes uplifting Black creators and building tools and resources to counter gatekeeping in the creator economy.
- Total raised
- $2M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Sep 2022
Industries
- Art
- Association
- Communities
- Music
- Software
Recent funding
Equity
Sep 2022
$2M