Founded in 2013 by Australian music industry experts, the company is creating the IMDb of music. The Company collects official catalogue data from major and independent record labels, publishers, royalty agencies and industry associations across the globe and makes it available online for fans of music and industry professionals via its website and APIs.
Over 60 Memorandums of Understanding (MOUs) agreed with data partners including tier 1 international recording labels and industry bodies.
Following successful beta testing in 2017, the platform will launch a subscription based B2B platform and API / Data Feed in Q1 2018 aimed at music professionals. This will be followed by a B2C offering.
Key Transaction Information
This Australian Holding Company is seeking to raise A$3.3M, with the proceeds used for platform development, executing its go-to market strategy and for general working capital.