Moment House, a platform that lets creators offer exclusive digital events to fans, has closed a $12 million Series A funding round.
The round was led by Forerunner Ventures, with participation from UTA Ventures, IDEO, Halsey, Whitney Cummings, Kaytranada and his manager William Robillard-Cole, Cody Ko and Cameo founder Devon Townsend’s Dumb Money Capital, Noel Miller, Tom Felton, Parcast founder Max Cutler, former YouTube exec Shishir Mehrotra, Clubhouse exec Aarthi Ramamurthy, Adobe exec Scott Belsky, Discord exec Anjney Midha, Defy Ventures, Work Life Ventures, and entrepreneur Richard Rosenblatt.
Moment House CEO Arjun Mehta said the round “allows us to execute on our ambitious project roadmap, which involves deepening the consumer social experience, and on the supply-side, opening up the platform so that any creator in the world can easily make a Moment.”
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To date, the two-year-old platform has sold more than one million tickets to fans across 168 countries and 44 territories, it says.
Moment House has hosted events for a wide variety of celebrities and digital content creators, including KSI, My Brother, My Brother, & Me, Halsey, Kygo, Marina, Yungblud, and Isaiah Rashad.
One of its most recent events was TMG Live In Space, which featured Cody Ko and Noel Miller’s Tiny Meat Gang Podcast performing a one-off episode with new sketch comedy, a DJ appearance from Star Trek’s Spock, a previously unreleased segment from the podcast, and live interaction with viewers.
still recovering from last night… thanks everyone who joined us on @momenthouse!
we’re extending the live in space VOD replay through the weekend. view here: https://t.co/7oKHWPGrSK pic.twitter.com/XMYCSURn75
— TMG (@tinymeatgang) August 6, 2021
Moment House was incubated at Jimmy Iovine and Dr. Dre’s Young Academy for Innovation at USC. It received seed funding from Troy Carter, Scooter Braun, Steve Stoute and UnitedMasters, Palm Tree Crew Investments (Kygo and his manager Myles Shear), Post Malone co-manager Austin Rosen, Logic manager Chris Zarou, Jared Leto, Matthew Ball, Google Ventures CEO David Krane, former TikTok CEO Kevin Mayer, Sequoia partner Jess Lee, Box CEO Aaron Levie, and Patreon CEO Jack Conte.
Mehta hinted there are big things to come for Moment House, saying that everything the company has done so far “is just Step 1 of a much bigger plan to help build the metaverse.”
