Partnership Accelerates PickleJar’s Organic Growth
HOUSTON – August 25, 2021 – PickleJar Holdings, an emerging live entertainment and peer-to-peer cashless tipping platform for artists and content creators, has joined the Capital Factory portfolio. As a portfolio company, PickleJar will leverage Capital Factory’s broad network of technology founders, mentors and investors to assist in the successful platform rollout.
Capital Factory portfolio companies gain a competitive advantage in attracting talent, investors, customers, and advisors. They focus on helping startups raise funding and increase customer growth while also providing coworking space, hosting credits, and access to a mentor network of the top investors and entrepreneurs in Texas.
“PickleJar is making it frictionless to make, manage, and move money for musicians, content creators and artists of all kinds on any stage, streaming platform, or street corner,” said Jeff James, PickleJar’s chief executive officer. “We believe artists should have full control over the profitability of their creative talents, and with PickleJar, they keep 100% of what they earn. We are committed to putting the artists first, and to help maximize their earning potential and realize their financial freedom in the new Gratitude Economy.”
Today’s millennials who are driving the Gratitude Economy are looking for leading-edge digital capabilities for local music discovery, venue search, and personalization through simple but powerful mobile solutions with cashless tipping, merchandise ecommerce, and rewards. The new PickleJar Live smartphone app combines frictionless mobile payments, customizable cashless tipping, and social user experiences with #ArtistFirst technology, performance management capabilities, and data analytics to create personalized entertainment for the music fans.
“We are excited to have PickleJar in the portfolio,” said Gordon Daugherty, Capital Factory president. “We look forward to making lots of valuable connections and helping them build a great company.”
PickleJar is a suite of Artist-First technologies developed with a simple idea – “help others achieve the greatest value for their creative talents and visionary pursuits.” The proprietary “Throwin’ Notes” tipping functionality allow performers to seamlessly share tips among group performance members or with non-profits by selecting tip share percentages so that tips are distributed to all band members through the app. Most importantly, artists receive 100% of funds tipped by fans. PickleJar’s gaming-inspired features give fans instant access to the performer through private direct messages and picture sharing – earning them PickCoin™ loyalty rewards, achievement badges and exclusive “Tip-to-Win” giveaways.
To learn more about the PickleJar app, including creating your account, check out: https://picklejar.com
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About PickleJar Holdings
PickleJar believes artists should have full control over the profitability of their creative talents. Our peer-to-peer payment technology and proprietary performance management tools make it frictionless to receive, manage and move money for musicians, content creators and artists of all kinds on any stage, streaming platform or street corner. Leveraging the deep fintech and music industry expertise of our leadership team, we have launched the first social payments app specifically built to put the #ArtistFirst. The cashless tipping app creates direct engagement between artists and fan, then tokenizes loyalty through a unique rewards program. We are committed to empowering people to maximize their earning potential and realizing their financial freedom in the new Gratitude Economy. Learn more about the “World’s Biggest Tip Jar” at PickleJar.com.
About Capital Factory
Capital Factory is the center of gravity for entrepreneurs in Texas, the number one state for startups in the U.S. Thousands of entrepreneurs, programmers, and designers gather day and night, in-person and online for meetups, classes, and coworking. With boots on the ground in Austin, Dallas, Houston, and San Antonio, we meet the best entrepreneurs in Texas and introduce them to investors, employees, mentors, and customers. According to Pitchbook, Capital Factory has been the most active, early-stage investor in Texas since 2010.