0 minsPublished on 4/13/2022

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

MoonPay investment

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. 

For media enquiries, please contact [email protected]

Geoffrey Lyons
Written byGeoffrey Lyons