British musictech startup Audoo secures €5.8 million to ensure artists are paid accurately

Audoo, a London-based musictech startup, has secured €5.8 million in Series A funding led by Björn Ulvaeus and existing investor Tileyard London. Audoo's technology accurately recognizes and reports music played in public spaces, ensuring artists receive the royalties they are owed. The funding will be used to expand the rollout of Audoo's audio meter, which plugs into a standard electrical socket and monitors music played in venues. The data collected can also be used by record labels, publishers, and artists to understand music consumption and refine their strategies.

Audoo Raises €5.8 Million to Ensure Artists Are Paid Accurately

Audoo is a London-based musictech company that has developed an audio meter that accurately recognizes and reports music played in public performance areas, ensuring artists receive the royalties they are owed. The meter is a small plug that fits into a standard electrical socket and monitors the music being played, identifying it using proprietary digital fingerprinting technology. This data can also be used by record labels, publishers, and artists to refine their strategies and understand music consumption.

Audoo is a musictech company that ensures artists are paid accurately for their music played in public spaces.

5 years ago

Audoo Raises €5.8 Million to Ensure Artists Are Paid Accurately

ProblemMusic and Technology

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