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Successfully funded
overfunded
The Rattle
139%
Raised
£1,112,150
Investors
191
Target
£800,000
Equity
15.64%
Pre-money valuation
£6,000,000

The Rattle is a re-imagined co-working space & collective for founders in music. Over 100 artists, tech makers, and cultural pioneers have made The Rattle their home to develop their talents into thriving startups. The Rattle is expanding to LA with plans for NYC and backed by music & technology royalty.

  • Launched February 2018 after a successful Crowdcube Raise in 2017
  • Over 800 applications for membership with 100+ accepted
  • Backed by Imogen Heap & Brett Akker (Zipcar)
  • Over 300% growth in monthly revenue since Feb 2018 to £11,386

Idea

Music is the voice of culture and the digital world has changed how this works today. To commercially succeed, it takes 600,000 streams a month for an artist to earn minimum wage, but artists like Ryan Leslie & Amanda Palmer thrive culturally & financially by becoming founders of their own music companies to monetize their growing brand - not just selling their music.

To help this new movement thrive, The Rattle re-imagined a co-working incubator for this new breed of artist-entrepreneur. Based in East London, The Rattle provides community, facilities & mentorship to help artists become founders of companies. In 2019, The Rattle plans to expand on the success of 2018 by launching its own music management company and an accelerator program.

£250bn is generated by the creative industries for the UK economy. With the rising success of new platforms like Patreon, Spotify, and Pledge Music enabling artists to thrive outside of the traditional music industry, we aim to be the global grassroots startup community of artists and tech founder in music.

We're supported by cultural thought leaders and pioneering technology leaders like Robert Linney (Chemical Brothers), Paul Pacifico (AIM), Russell Lissack (Bloc Party), Steve Lewis (music mogul), Martin Gould (Sonalytic), and Benji Rogers (Pledge).

Last 11 months turnover £95,666, Net Loss of £28,039

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

The Rattle has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.