Slingshot Raises $2.2 Million

Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than drown them in paperwork, filings and tracking down receipts. Chawla thought he might have a solution and launched a music monetization platform in 2020. During the pandemic, he pivoted the company into what it is today: Slingshot, which helps creatives find the tools they need to manage operational requirements. It even offers its own corporate card to help further centralize financial transactions into its platform. The company announced a $2.2 million pre-seed round, with participation from Dorm Room Fund, 1916 Enterprises, Key Partners Group, and angel investor Vincent Francoeur, former head of web and mobile at Blizzard.