Soundvest is a platform that connects musicians with investors to provide access to high-quality string instruments. We work with musicians of all levels, from students to professional performers, to help them get the instruments they need to succeed.
HOW DOES IT WORK
The right instrument doesn’t merely augment your performance – it elevates your craft. That’s why we provide you with professional instruments for a manageable monthly fee, making them more attainable than you ever imagined.
To apply for an instrument from Soundvest, musicians simply need to fill out the form. It will only take a few minutes; this will include information about your experience as a musician, the instrument you are requesting, and why you need it
How Soundvest evaluates requests
Once a musician has submitted a request, Soundvest will evaluate their application. We will consider the musician’s experience, the instrument they are requesting, and their financial situation. We will also look at the musician’s plans for using the instrument and how it will help them achieve their goals.
How investors invest
When a musician’s request is approved, Soundvest will create a portfolio of the musician and the instrument they are requesting. This portfolio will be distributed to our network of supportive investors. Investors can choose to invest in the portfolio, which gives them a share of the musician’s earnings and the potential for capital appreciation.
How musicians get the instrument
Once an investor has invested in a musician’s portfolio, the musician will receive the instrument. Soundvest will also provide the musician with insurance and maintenance coverage for the instrument.
Benefits of using Soundvest
There are many benefits to using Soundvest to rent or invest in a high-quality string instrument.
Access to the best instruments
Soundvest offers a wide selection of high-quality string instruments from the world's leading makers. This means that musicians can find the perfect instrument for their needs, regardless of their budget or level of experience.
Soundvest offers a variety of rental and investment terms to fit the needs of each musician. This means that musicians can choose the option that is best for them in terms of duration, cost, and upgradeability.
Soundvest's rental and investment options are affordable for musicians of all levels. This is because Soundvest believes that everyone should have the opportunity to play a high-quality string instrument.
Peace of mind
Soundvest provides insurance and maintenance coverage for all of its instruments. This means that musicians can have peace of mind knowing that their instrument is protected in the event of damage or loss.
Frequently asked questions
What types of instruments does Soundvest offer?
Soundvest offers a wide selection of high-quality string instruments, including violins, violas, cellos, and double basses. We work with the world’s leading makers to ensure that our instruments are of the highest quality.
How much does it cost to rent an instrument from Soundvest?
The cost of renting an instrument from Soundvest varies depending on the type of instrument, its value, and the length of the rental term. However, our rental rates are generally very affordable, especially for students and emerging performers.
How do I apply to play with an instrument?
You contact Soudvest through the contact form
1. We will call you back for having more information about what your needs are and where in your career you are.
2. Soundvest will evaluate your request, and professional, academic, and economic stand. With this information, Soundvest will create a portfolio of you and the instrument.
3. This profile will be distributed among supporting investors, who will as a group invest in the instrument.
4. If the investors invest in the instrument, Soundvest will engage a luthier to certify the value and quality of the instrument, will purchase the instrument for the investors, and will lease the instrument back to the musician.
5. With the instrument in your hands, you will pay the monthly rent to Soundvest, who will distribute the rent to the supporting investors.
Who are the supporting investors?
The investors go from very normal individuals, people like you and me, to high net worth individuals, and financial institutions. What they have in common is that they are passionate about music. Beyond a modest gain, through the capital gains of the instrument, and/or the rent income, they believe that investing in a musician’s career is a safe investment that also promotes the values of classical music.
How are supporting investors involved in the process?
Investors are involved in the process in several ways. Primarily by investing in the music instrument that a specific musician needs, secondarily by participating in private concerts and events organized by Soundest, where they can personally meet the musicians they are supporting.
At Soundvest, our goal is to narrow the space between musicians and supporting investros and create a vibrant community. As a musician, you can also expect the supporting investors helping you out in other ways that can be very beneficial, for instance providing introductions to important contacts in the music industry.