# Slingshot - Modern Business Management for Artists and Creatives

> Slingshot.fm
> Modern business management platform for artists and creatives
> https://slingshot.fm

## Overview

Slingshot is a comprehensive business management technology platform built by artists and creators, for artists and creators. We help creatives manage the complex, time-consuming aspects of running a business so they can focus on their art.

## What We Do

Slingshot provides a full suite of business management tools and services including:

- **Slingshot Select**: Financial platform with banking, cards, invoicing, and managed payroll
- **Business Management**: Centralized invoices, payments, and entity management
- **Financial Services**: Full-service bookkeeping, taxes, and filings handled by our team
- **Benefits**: International payroll with retirement and healthcare options
- **Slingshot Concierge**: Team of experts available for nearly any request
- **Wellness Benefits**: Group-rate PPO health insurance, free basic healthcare through One Medical, 401(k) retirement savings
- **Narrative Media Features**: Mini-documentaries and short-form content to help tell your story
- **Liability Insurance**: $2M in coverage for business and events

## Key Features

### Automation
- Automatic expense tracking and categorization through Slingshot spending cards
- Simplified payment processes with automatic invoice generation and tracking
- Automated tax filings and logistics handled by our team

### Financial Benefits
- Smart tax deductions that save thousands of dollars
- 1.5 points earned for every dollar spent on Slingshot cards
- Estimated 5-10x ROI on platform fees through cost savings

### Security
- Funds held at FDIC member banks including Goldman Sachs, JPMorgan Chase, BNY Mellon
- AAA-rated government money-market funds
- Multi-bank sweep strategy for maximum FDIC insurance coverage
- Up to $145M FDIC insurance eligibility for fully-managed program

## Pricing

- 2% of revenue management fee, billed monthly
- Unlimited user accounts for entire team
- Teams typically save 5-10 times their fees in reduced costs

## Target Audience

Artists, musicians, content creators, influencers, and creative professionals who:
- Want to focus on their creative work instead of business management
- Need sophisticated financial and business management tools
- Earn income from creative activities and need professional business infrastructure
- Want comprehensive benefits and support services

## Banking & Legal Structure

### Fully-Managed Program
- Members conduct business as part of Slingshot Creative LLC
- Slingshot handles all business and tax filings
- Funds swept across multiple FDIC member banks
- Compatible with existing LLCs and business entities

### Self-Managed Program
- Use Slingshot software while conducting business through own legal entity
- Partners with Stripe Payments Company for money transmission services
- Funds held at Evolve Bank & Trust and Fifth Third Bank, Members FDIC

### Banking Partners
- Goldman Sachs Bank
- JPMorgan Chase Bank
- Bank of New York Mellon
- Capital One Bank
- Evolve Bank & Trust
- Axos Bank
- LendingClub Bank
- Column Bank

### Card Issuance
Slingshot Select Visa® Commercial Credit cards issued by Celtic Bank and powered by Stripe.

## Concierge Services

Slingshot Concierge can help with:
- Travel booking (flights, hotels)
- Dinner reservations
- Gift and flower purchases
- Research for creative projects
- Music licensing (e.g., cover song licenses)
- Tech support with priority for live streamers
- Hiring freelancers (merch designers, photographers, etc.)
- Connections with legal experts and CPAs
- General life and business assistance

## International Support

Available to artists and creators outside the US who conduct business in USD:
- Fully-managed program with copyright support
- USD financial accounts with international wire transfers to 80+ countries
- Most concierge services available

Not available internationally:
- Payroll/benefits for non-US workers
- Liability insurance
- Geographic-specific perks

## Technology Stack

- Platform built on Next.js (React framework)
- Integrates with Stripe for payment processing
- Partners with Guideline (retirement), Gusto (payroll), UnitedHealthcare and One Medical (health benefits)
- Plausible analytics
- Google Tag Manager integration

## Company Information

- Website: https://slingshot.fm
- Email: hey@slingshot.fm
- Twitter: @slingshot_fm
- Base URL: https://slingshot.fm
- Description: Modern business management for artists and creatives

## Press Coverage

Slingshot has been featured in:
- TechCrunch
- Forbes
- The Information
- Variety
- Yahoo! News

## FAQ Summary

### What is Slingshot?
A technology company built by and for artists/creators offering comprehensive business management solutions including automation, financial services, benefits, and expert support.

### How does the legal structure work?
Members join Slingshot Creative LLC as employees/contractors and provide a limited license for their work. This allows Slingshot to handle business/tax filings while members retain 100% ownership of their copyright and creative control.

### How are funds kept safe?
All funds held at FDIC member banks or highly-liquid government money market funds. Fully-managed program uses multi-bank sweep strategy for maximum FDIC insurance (up to $145M). Self-managed program offers FDIC insurance up to $250K through partner banks.

### What if I already have an LLC?
Fully-managed program is compatible with existing entities. Your entity issues a license to Slingshot Creative while retaining all ownership. You remain responsible for entity filings but these become simpler when conducting business through Slingshot.

### What if I have a business manager?
Slingshot complements existing business managers by providing full transparency, automated bookkeeping, and handling day-to-day tasks like receipts and memos.

### International creators?
Can join if conducting business in USD. Get access to fully-managed program, USD accounts with international wires to 80+ countries, and most concierge services. Some limitations apply (no US payroll for non-US workers, no liability insurance).

### How much does it cost?
2% of revenue monthly fee. Includes unlimited user accounts. Most members save 5-10x the fee amount through automated deductions and reduced costs.

### What can Concierge do?
Nearly anything - from booking travel and reservations to research, licensing, tech support, hiring freelancers, and connecting with professionals. Payments automatically handled through your account.

## Disclaimers

Slingshot is a financial technology company, not a bank. Banking services provided through partner institutions. All partner banks are FDIC members. Slingshot Select Visa Commercial Credit cards issued by Celtic Bank.

FDIC deposit insurance only protects against failure of FDIC insured institutions. Pass-through insurance subject to FDIC rules and requirements.

Benefits offered to team members through employment with Slingshot Creative LLC at-cost, deducted from Slingshot Select balance.

Media features not guaranteed but available on request.

Insurance coverage US-only with exclusions and limitations.

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Last updated: December 8, 2025