Music, sports, and entertainment VIPs invest $87 million in MoonPay
More than 60 high-profile investors are backing MoonPay’s vision and the transformative potential of Web3.
By Geoffrey Lyons
Published on May 11, 2022
Last modified on Aug 22, 2024
MoonPay is thrilled to share that more than 60 influential figures and organizations from the worlds of music, sports, media and entertainment have collectively invested $87m in the company.
Named investors include the following (in first name alphabetical order):
Anthony Kiedis of Red Hot Chili Peppers
Ashton Kutcher and Guy Oseary’s Sound Ventures
Austin Rosen’s Electric Feel Ventures
BLOND:ISH
Brent Faiyaz & Jayne Andrews, Ty Baisden
Brie Larson*
Bruce Willis
CAA and NEA’s Connect Ventures
David Grutman
Dimitri Vegas & Like Mike
Diplo
Drake & Adel 'Future' Nur's Dreamcrew
Eric Eisner*
Eva Longoria
Gal Gadot
Gee Roberson
G-Eazy
Gibson Hazard
Gwyneth Paltrow & Moj Mahdara’s Kinship Ventures*
James Corden
Jamil Davis and Matt Bauerschmidt's Revels Group Ventures
Jason Derulo
Justin Bieber
K5 Global
Kate Hudson
Katie McGrath*
Kevin and Rick Yorn's BroadLight Capital
Kimberly Blackwell*
Larry Gagosian
Lil Baby
Lil Durk
Marc Benioff’s TIME Ventures
Marcy Venture Partners
Maria Sharapova
Matte Babel
Matthew McConaughey
Michael Ovitz
Mindy Kaling*
Nancy Twine*
Palm Tree Crew
Paris Hilton
Paul George
PLUS Capital
Post Malone
Questlove*
Ryan Tedder of OneRepublic
Sam Feldt
Shailene Woodley*
Shawn Mendes, FEWOCiOUS & Andrew Gertler’s AG Ventures
Shay Mitchell
Snoop Dogg & Nick Adler, Karan Wadhera, Champ Medici
Stacey Bendet*
Steve Aoki & Matt Colon
The Chainsmokers' Mantis VC
The Weeknd & Amir “Cash” Esmailian
Trina Spear*
Yara Shahidi, Keri Shahidi, Afshin Shahidi*
Zoe Saldaña* Kinship Ventures LP
Together, these strategic investors represent industries that are poised to be massively transformed by Web3 technology.
“Web3 is radically changing how we think about creative value,” said MoonPay’s co-founder and CEO, Ivan Soto-Wright. “We're on the cusp of a creative crypto renaissance, and our strategic investors are helping to lead that movement. We're honored to work with them to help onboard the world to Web3.”
The funding is part of our historic $555 million Series A financing round, which valued us at $3.4bn and has helped us forge partnerships with leading organizations like OpenSea, Michael Jordan’s “Heir Jordan,” Tom Brady’s Autograph, and FaZe Clan. It has also allowed us to significantly grow our global footprint by launching products such as NFT Checkout, our NFT solution that allows users to purchase an NFT instantly with a credit or debit card, and MoonPay Concierge, which is helping high-profile individuals buy NFTs.
MoonPay wants to bring about a future in which Web3 not only goes mainstream, but is also leveraged by creatives, artists, and athletes to reap the full rewards of their work. Today’s announcement is proof that these industry leaders trust our vision.
