Music Metadata Platform - global, centralised source of verified music industry credits and metadata - Series A Round

Categories Securities, Unissued Securities
Sale Type Asking Price
Price Guide AUD Raising up to A$3.3M (US$2.5M)
Status: Closed

Summary:

UPDATE: On August 30th 2017, the Company signed a data partnership agreement to be the official reference source for The Recording Company which produces the Annual Grammy Awards. It is the first time in the 59 year history of the organisation that it has shared its awards data with a third party. This includes prominent promotion during the upcoming music awards season.

Multiple press and media releases available in the Members' section.

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.
 
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.

 

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