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# Neil Young’s PonoMusic Equity Crowdfunding Campaign Passes $6.2 Million
- URL: https://www.hypebot.com/ponomusics-equity-crowdfunding-campaign-passes-524-million/
- Published: 2014-08-22T08:30:00.000Z
- Updated: 2014-08-22T08:30:00.000Z
- Description: UPDATE: As of Friday morning, the PonoMusic Crowdfunder equity investment campaign has passed $6,267,700 or 157% of the $4,000,000 goal. The round will close on September 1. Original Story: After a successful. Continue reading [https://www.hypebot.com/hypebot/2014/08/ponomusics-equity-crowdfunding-
- Author: admin
- Tags: Music Business, Music Tech, Startups & Funding, #wp, #wp-post, #Import 2026-01-21 10:38

[![Pono](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c6d0c39b970b-200wi "Pono")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c6d0c39b970b-popup?ref=hypebot.com)

****UPDATE: *As of Friday morning, the PonoMusic Crowdfunder equity investment campaign has passed $6,267,700 or 157% of the $4,000,000 goal. The round will close on September 1.***

Original Story: After a successful [Kickstarter campaign](https://www.hypebot.com/neil-youngs-pono-kickstarter-ends-with-622-million/) for the PonoMusic Player, PonoMusic recently launched an [equity crowdfunding campaign](https://www.hypebot.com/neil-youngs-ponomusic-turns-to-equity-crowdfunding-to-raise-25-million/) on Crowdfunder. While PonoMusic's rewards-based crowdfunding campaign raised over $6.22 million, it's starting to look like investors who want in on PonoMusic are going to help it go even further this time. As of early Monday morning, investment commitments stand at over $5.24 million.

PonoMusic's [Crowdfunder campaign](https://www.crowdfunder.com/pono-music/deal?ref=hypebot.com) is designed to raise money from accredited investors with minimum investments of $5000.

The campaign initially launched August 1 but was not [announced publicly](https://www.hypebot.com/neil-youngs-ponomusic-turns-to-equity-crowdfunding-to-raise-25-million/) until August 13\. By that point they'd raised "commitments" of $1.43 million with a stated goal of $2.5 million.

That was Wedneday. Since then they've raised the goal to $4 million as commitments rose. Now investors are committed to over $5.24 in the early hours of Monday morning. With a closing date of September 1, there's plenty of time for this campaign to go a lot further.

Though PonoMusic has not listed any investors at least 874 members of the platform are [following PonoMusic's campaign](https://www.crowdfunder.com/pono-music/followers/?ref=hypebot.com) on Crowdfunder.

**More:**

- [Neil Young's PonoMusic Turns To Equity Crowdfunding To Raise $2.5 Million](https://www.hypebot.com/neil-youngs-ponomusic-turns-to-equity-crowdfunding-to-raise-25-million/)
- [Neil Young's Pono Kickstarter Ended Today With $6.22 Million Pledged](https://www.hypebot.com/neil-youngs-pono-kickstarter-ends-with-622-million/)
- [Pono Competitor Geek Wave Crowdfunds Over $1.3 Million For High Quality Music Player](https://www.hypebot.com/pono-competitor-geek-wave-crowdfunds-over-a-million-for-high-quality-music-player/)

*Hypebot Senior Contributor Clyde Smith ([@fluxresearch](https://twitter.com/fluxresearch?ref=hypebot.com)) recently launched [DanceLand](http://dance.land/?ref=hypebot.com). Send news about music tech startups and services, DIY music biz and music marketing to:*

clyde(at)fluxresearch(dot)com

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