# PledgeMusic

PledgeMusic is an other based in London, United Kingdom.

## Overview

- **Organization type:** other
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Assets under management:** Undisclosed
- **Website:** pledgemusic.com
- **LinkedIn:** https://www.linkedin.com/company/pledgemusic

## Regulatory record

- **Reports private funds:** No

## About

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## Questions

### Why did PledgeMusic fail?

PledgeMusic failed due to a liquidity crisis. By early 2019, the company had stopped paying artists, and in June 2019 the UK entity entered administration. The US bankruptcy case listed approximately $1.6 million in liabilities. The company's cash-flow problems were linked to its practice of holding customer funds until after campaign expenses were paid.

### Is the current pledgemusic.com website related to the original company?

No. The original PledgeMusic website was taken offline after administration. The current domain now redirects to a casino affiliate site that promotes online gambling and has no connection to the original music crowdfunding business.

### What was PledgeMusic's geographic footprint?

PledgeMusic was headquartered in London, United Kingdom, with a US office in New York. The company served musicians and fans worldwide, with campaigns from artists across North America, Europe, and other regions.

### Did PledgeMusic's structure differ from other crowdfunding platforms?

PledgeMusic was a rewards-based platform similar to Kickstarter but focused exclusively on music. Unlike Kickstarter, which does not hold funds long-term, PledgeMusic held pledges until campaigns met their goals and often disbursed net proceeds after expenses, creating a cash-flow risk that contributed to its collapse.

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Last updated: 2026-06-03T20:00:00.000Z

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