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100%
120.000 €

100% funded by 651 investors

Vibes&Beats VII

Location Pin Svg
Porto & Lisboa, PT

instalment

quarterly

term

1 year

yearly interest

7.1%

risk rating

C+

Co-finance the production of two Ana Castela concerts.

Description

VIBES & BEATS has been a dynamic actor in Portugal's entertainment world. They are now one of the largest national concert producers and manage events in many of the country's main venues.   

The funds raised through this campaign are intended to co-finance the production of two concerts by Brazilian artist Ana Castela at the Superbock Arena in Porto and the MEO Arena in Lisbon on 4 and 5 October 2024.

After doing the North Festival and Brasil Vibes, also with Vibes&Beats, Ana Castela returns to Portugal for two concerts. In 2022, she stood out as one of the leading names of the new generation of Sertanejo (country) music in Brazil with more than 15 million monthly listeners, her hit "Pipoco" was in 1st place on Spotify for three months, and at the end of the same year, the artist was one of the names chosen as an Under 30 personality by Forbes Brasil.

This is the promoter's seventh campaign, after having raised 1.075.000 euros through Vibes&Beats I, II, III, IV, V, and VI to leverage costs before shows, which were later settled by the ticket sellers (usually 15 days after the events).

In 2024, the promoter produced 24 shows in the country's largest venues:

  • Eros Ramazzotti with 2 dates at MEO Arena,
  • The Waterboys with 3 shows at the Coliseums of Lisbon, Porto, and Casino do Estoril,
  • Barões da Pisadinha with 2 dates at Super Bock Arena and Sagres Campo Pequeno,
  • Brasil Vibes at MEO Arena,
  • North Festival with 3 dates at Alfândega do Porto,
  • DJAVAN with 3 shows at Coliseu de Lisboa and Super Bock Arena.
  • TRABALHADORES do COMÉRCIO S at the Estoril Casino,
  • ROCK à MODA do PORTO with 2 Super Bock Arena dates,
  • TITANS at the MEO Arena,
  • SILVA with 2 dates at the Super Bock Arena and Sagres Campo Pequeno,
  • THE ELTON EXPERIENCE with 2 dates at Super Bock Arena and Sagres Campo Pequeno
  • LUAN PEREIRA with 2 dates at the Super Bock Arena and Sagres Campo Pequeno.

The year of 2024 began with Laura Pausini's show at the Meo Arena. There are currently four shows with tickets on sale, as well as the 6th edition of the North Festival (24, 25, and 26 May at Serralves Park):

  • Brasil Vibes at the Meo Arena,
  • North Festival with 3 dates at Serralves Park,
  • Bell Marques at Muralhas de Faro,
  • Ana Castela with 2 dates at the Super Bock Arena and the Meo Arena.

The promoter's goals are to create new concepts of events, concerts, and festivals, where music is not the only focus of the public.

The Impact

Promotion of cultural economic activity: strengthening trade in cultural goods and services provides stimulation for local and national markets, which in turn provides employment opportunities and promotes local production. This is especially important after the cultural sector suffered serious setbacks by the Covid-19 pandemic in the last two years, and starts now to recover. The financing of Vibes&Beats enables:

  • Maintenance of 8 full-time formal jobs
  • Boost of the national cultural industry: partnering with around 80 other national companies for the realization of the events – including marketing, communication, and structures services, it encourages the cultural infrastructure.

Promotion of cultural diversity and heritage: the realization of the events promotes and recognizes national artists, cultural production, and heritage, and by bringing international artists to tour it contributes to an appreciation of cultural diversity.

Sustainable Development Goals

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11 image

Financial viability

Vibes & Beats has a calendar of already signed contracts with open ticketing for 2024, the funding will be repaid with revenues from these shows.


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Download the Financial Statements for the promoter here

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Download Key Investment Information Sheet

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Guarantees

Loans granted to the promoter VIBES & BEATS, LDA  by investors will have the following guarantees, provided for in the loan agreements associated with the campaign:

  • Personal guarantee from the major shareholder Jorge Veloso in the total amount of the loan;

The Promoter

About Vibes&Beats, Lda

VIBES & BEATS acts in the market of culture, entertainment, and showbiz, through the contracting of national and international artists. The company is among the largest Portuguese producers and promoters. 

So far they have worked with artists such as BUSH, Bastille, Franz Ferdinand, Emir Kusturica, Caetano Veloso, The Prodigy, Guano Apes, Gogol Bordello, Skunk Anansie, Natiruts, Erick Morillo, Gal Costa, Gilberto Gil, Zélia Duncan, Simone, Zeca Baleiro, Djavan, GNR, Moonspell, selling out some of the largest venues in the country. 

VIBES & BEATS was also a pioneer in introducing the Back to School concept in Portugal, with a major event held at Campo Pequeno. At the moment the company has more than 80 partners, including print media, radio, blogs, and other online platforms. Its goal is to develop new concepts for increasingly diverse and demanding audiences.

The team

Jorge Veloso

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CEO

The founder and CEO, Jorge Veloso, has 27 years of experience in touring and event production. Having founded his first company at the age of 19, his professional journey includes shows in 25 countries and 4 continents. From touring and representing Portuguese artists to managing tours of international names like Caetano Veloso, Seu Jorge, The Waterboys, or Ivete Sangalo. It is also important to note the production of major productions of the Champions League, UEFA Cup, and carnivals in several European cities.

Business Model

The show production company divides its activity into four pillars of action:

  • Promoter and producer - ticket sales for shows and tour management of national and international artists.
  • Management of advertising and sponsorship - optimization of events through brand activation for partners and stakeholders.
  • Sale of shows for public and private entities.
  • Subcontracted event production.

Active since

Fiscal country

PT

Operating In

Portugal

Industry

Culture

Number of Goparity Loans

8

Women Shareholders

No

Updates

2024-07-17 00:00:00

First payment

First instalment was paid to all the investors

2024-04-17 00:00:00

100% funded

635 investors successfully raised 120.000€

2024-04-12 00:00:00

Open for investment

This campaign is open for investment

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