Acqustic

Acqustic is a digital platform and mobile application operating as a multifaceted marketplace for the music industry, headquartered in Barcelona, Spain. The company was established in 2017 by Esteve Lombarte, who currently serves as CEO. The initial concept for the business emerged from a conversation between Lombarte and the company's artistic director, Ferrán Sáez, about arranging small-scale, live music performances in homes, which evolved into the current platform focused on emerging artists. Lombarte, an alumnus of EAE Business School and with a background in Business Administration and Management, previously worked in event organization at Reed Exhibitions.

The business operates on a three-sided model, catering to musicians, businesses, and fans. For emerging artists, Acqustic provides a comprehensive suite of tools to advance their careers. This includes facilitating performance opportunities, with the platform listing over 150 concert openings per month in venues like bars, restaurants, and hotels. It also offers services for digital music distribution to major streaming platforms such as Spotify and handles the legal invoicing for their performances. For businesses, brands, and event organizers, Acqustic serves as a booking agency, enabling them to hire musicians from a diverse range of styles for events like corporate functions and festivals. The platform also aims to help music fans discover new and independent artists.

The company's primary revenue is likely generated from commissions on bookings and fees for the services provided to artists. Since its inception, Acqustic has facilitated a significant number of live performances, reporting over 400 shows in 2020 alone. The company has secured approximately $1.7 million in funding across several seed rounds, with investors including DraperB1, Toushka Capital, Aticeo, and Tokavi. These funds are intended to enhance the platform's technology and support expansion into Latin America and the United States. Acqustic has also formed strategic partnerships with prominent music media outlets and provides a music library for productions on the Movistar+ platform.

Keywords: music marketplace, emerging artists, live music booking, artist management tools, digital music distribution, concert booking platform, independent musicians, music career development, event entertainment, artist discovery, music technology, live performance, Barcelona, Esteve Lombarte, music streaming services, corporate entertainment, fan engagement, music industry services, talent booking