Karaoke One, the community for those who love to sing, launched its equity crowdfunding campaign on Mamacrowd, the first Italian equity crowdfunding platform for capital raised, and in just a few days has already reached about 60% of the collection target.

In less than a year Karaoke One, the international platform that brings the worldwide trend of video-music entertainment to mobile, launched the product in the iOS, Android, Windows 10 and Xbox One stores, (in the last two stores it is already the market leader) with +300% revenues compared to 2016, 1 million downloads, over 4 million video views on the platform and it is available in 12 languages worldwide.

The project has a strongly international vision: it has users who come from the United States, South America, Europe, Australia and Asia. Its community has generated over 2 million interactions and 4 million video views within the platform.

The startup, after successfully completing the LUISS ENLABS Acceleration Program - one of the main startup accelerators in Europe, born from a joint venture between LVenture Group, a holding company listed on the MTA of the Italian Stock Exchange, and the LUISS Guido Carli University - has already received funding from institutional investors such as LVenture Group and Business Angel for over € 600,000 and the product has been developed with technical partners such as Amazon, Intel and Microsoft.

"We have started this collection of capital to quickly reach the objectives of our business plan and grow faster in the international market" Antonio Vecchio, CEO of Karaoke One declared. "The capital will be invested in research and development to quickly add new interesting features to the platform such as video filters in augmented reality and live direct. We will start marketing campaigns aimed at acquiring new users and signing new partnerships with telephone companies all over the world for the distribution of our product."

To invest in Karaoke One simply register on the Mamacrowd.com website, on the "projects" page choose the Karaoke One profile (http://bit.ly/2FsVHKe) (where you can find the most important information and view the documents) and choose how much to invest.