During the pandemic, it was billed as one of the leading platforms in the music livestreaming space. Last year, it was named the most innovative music company in the world by Fast Company. But now Mandolin has announced it’s shutting down its platform. In June 2021, the firm announced that it had closed a USD $12 million Series A funding round, co-led by 645 Ventures and Foundry Group, with returning investments from High Alpha and Marc Benioff’s TIME Ventures.
Source: Less than 2 years after closing a $12m funding round, livestreaming platform Mandolin shutters