How do I get listed on Chime?

Chime lists top tier performers and music businesses on our platform. We vet each issuer carefully for signs of fraud, but otherwise our listing decisions are subjective. However, Chime never bases its listing decisions on the perceived quality of the investment opportunity. Only prospective investors can evaluate investment opportunities, and no listing on our platform should be construed as an endorsement of any investment opportunity. If you’re interested in being listed, please email listed@joinchime.com with relevant information about your opportunity.

Do you only work with artists?

No. Chime aims to be a financing solution for the entire industry, and will work with successful management groups, labels, and festivals seeking capital.

How does it work?

  1. If you are interested in listing with Chime, please email listed@joinchime.com with relevant information about your opportunity. Based on our prior experience, we have found that the most successful issuers on Chime have traction, a great team, and a well-developed plan to execute.
  2. If you’re approved to be listed on Chime, you’ll work with your own business and legal team to create several suggested documents, including but not limited to:
    • Investor presentation (which may include)
      • Artist/Company bio
      • Qualitative traction (endorsements from tastemakers/influencers/blogs)
      • Quantitative traction (social media metrics, streams/views, upcoming opportunities, financials past & projected)
      • Opportunity (financing terms)
      • Use of proceeds
      • Team (manager, agent, PR/radio/marketing partners, distributors)
    • Term sheet
    • Legal documentation of investment (e.g. subscription agreement, promissory note, etc.)
    • Documentation of legal entity existence
    • Escrow account
    • If you chose, designated perks for certain levels of investment. Learn more about this process here
  3. Once you are satisfied that your documents are ready, we’ll turn your deal on and feature you to our investor base.
  4. Once you receive indications of interest meeting your target investment, you can begin the closing process. This includes, but is not limited to, making sure all closing conditions are met, and that you have verified your investors are accredited. Once all closing conditions are met, you will work to execute all of your investment contracts, and your funds will be released from your escrow account.

How long does it take?

You should expect the process to take 30-90 days from Chime’s review to closing. However, not all deals will be successful, and Chime cannot guarantee that listing will result in any particular results.

What do I need to fundraise?

To apply, please provide:

  • Documentation of your legal entity (corporation or LLC) formed in the US
  • Investor deck; suggested information may include:
    • Artist/Company bio
    • Qualitative traction (endorsements from tastemakers/influencers/blogs)
    • Quantitative traction (social media metrics, streams/views, upcoming opportunities)
    • Use of proceeds
    • Team (manager, agent, PR/radio/marketing partners, distributors)
  • Term sheet

After being accepted onto the platform, but before going live, you need to provide:

  • Financials (past+projected)
  • Legal documentation of investment opportunity
  • Media (any tracks you want to share, videos, and photo assets)

Check out our blog post here to learn more about best practices when seeking investment.

Who will see my profile?

Only accredited investors are allowed to invest in offerings on Chime. We ask prospective investors to self-certify their accredited status, but we do not independently verify their status. You will be responsible for verifying each investor’s accredited status prior to accepting funds from them.

Can I set a minimum investment level?

Yes.

Do I have to offer perks?

No. But for some entities like artists and festivals, the addition of additional benefits beyond financial return may excite investors.

What does it cost to be on Chime?

Chime charges a monthly fee to be listed on our platform.

Why do I have to verify my investors are accredited? Didn’t Chime already do that?

Chime requires all investors to self-certify that they are accredited, but it’s up to the issuer to verify in a more concrete capacity that the investor is accredited. You should consult with your legal counsel to ensure that your offering is conducted in all respects in compliance with all relevant securities laws.