Soundsupply, the Chicago-based music startup that offers users album bundles for a set price, has raised seed funding from Lightbank. This marks Lightbank’s first foray into music companies. Terms of the deal were not disclosed.
Launched in 2012, Soundsupply offers “Drops,” bundles of 10 albums curated by the in-house team. Each Drop is sold for $15, a low price for the amount of music exchanging hands, but is only available for 10 days. Currently, Soundsupply releases new Drops every other month.