South Carolina Research Authorityaffiliate of SC Launch Inc., invested $ 300,000 in the Greenville-based B2B identity infrastructure company Bandwagon Fan Club Inc.
The company will use the investment to assist in product development and the expansion of its workforce. The company’s proprietary platform uses blockchain only with permission, encryption and multi-party computing to help its customers, which include live event organizers and experience creators, collaborate with other stakeholders to offer protection and security as they bring together large companies. groups of people personally and virtually.
“Bandwagon is about to revolutionize the entertainment, sports and events industry in general,” said Bob Quinn, SCRA’s executive director. “Their platform, designed for large face-to-face meetings, also works with virtual meetings, which have become more common. After the pandemic, we will continue to see personal and virtual options for popular events. “
Bandwagon became a SCRA member company in 2016 and previously received a $ 25,000 grant for project development funds. The company also received an investment of $ 200,000 after becoming a portfolio company SC Launch Inc. in 2019.
Bandwagon also received an award from Google’s Startups Black Founders Fund.
For more information, visit bandwagonfanclub.com.