1D Lab
Cooperative society of collective interest (SCIC) which intends, through digital services and resources, to strengthen the distribution and remuneration of independent creations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | €1.0m | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 21 % | - | - | - | (8 %) | 8 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (78 %) | 1 % | 19 % | (3 %) | 37 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (82 %) | (8 %) | 8 % | (2 %) | 16 % | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
1D Lab operates as a territorial laboratory for cultural innovation, structured as a cooperative interest company (SCIC), which aligns its operations with the principles of the social and solidarity economy (ESS). The organization was co-founded by Cédric Claquin, who has a background as a label manager for over ten years and was also a co-founder of the national federation of independent labels, CD1D. His experience in public communication and passion for alternative economic models shape the company's direction. Based in the creative district of Saint-Étienne since spring 2014, 1D Lab is dedicated to strengthening the distribution and remuneration of independent creative works through digital services and resources.
The company's business model is multifaceted, focusing on three core areas: developing innovative digital solutions, acting as a laboratory for experimentation, and providing consulting services. A key product is diMusic (formerly 1D touch), a fair-trade streaming platform with a catalogue dedicated entirely to independent cultural content, designed to offer a more equitable remuneration model for artists compared to mainstream platforms. 1D Lab serves a diverse clientele that includes artists, producers, cultural venues, libraries, and local authorities, fostering a collaborative ecosystem. Revenue is generated through these digital services and by guiding professionals and territories on matters of digital transition and usage.
As an experimental hub, 1D Lab addresses challenges such as cultural outreach, human-machine interfaces, and big data by incubating new ideas through collective thinking and a network of partners. This approach has enabled the company to transition from the concept of equitable streaming to a tangible economic reality, attracting investments from key players in innovation like Bpifrance. By choosing a cooperative legal structure, 1D Lab emphasizes shared governance and commits its actions to the general interest and common good, distinguishing itself as a 'smart-up' in the cultural sector.
Keywords: cultural innovation, independent music, fair-trade streaming, social and solidarity economy, digital services, cooperative, cultural outreach, digital transition, creative ecosystem, artist remuneration, diMusic, 1D touch, Cédric Claquin, Saint-Étienne, cultural entrepreneurship, collaborative models, public communication, label management, digital resources, territorial development