Notes.fm Secures $5 Million Fund to Transform Royalty Management for Independent Artists

In a significant move for the music industry, Notes.fm, a pioneering music royalty collection platform, has successfully raised $5 million to streamline the royalty management of independent artists. This funding round saw participation from prominent figures within the music realm, including renowned artists like Zach Bryan and Benny Blanco, alongside influential executives. Their backing is a testament to the platform's innovative approach to royalty collection, aimed at aiding musicians and music companies in identifying and claiming a full 100% of their royalties.

Founded by Tim Luckow, co-founder of notable music technology firm Stem, Notes.fm is driven by the mission to support independent artists with state-of-the-art technology for distribution and publishing. The platform has set a high bar by ensuring artists maintain complete control over their earnings, eliminating the common issues that cause them to miss out on their rightful revenue. The latest influx of capital will fuel the next phase of growth, significantly enhancing the platform's capabilities and marketing strategies as they look to expand their services globally.

Among the prominent supporters in this funding round were artists and managers such as Benny Blanco, Zach Bryan, his management team Stefan Max and Danny Kang, alongside notable executives like Ari Emanuel from WME and Julie Greenwald, the long-serving chief at Atlantic Records. These industry leaders recognize the necessity for a comprehensive financial layer in today’s evolving music economy, which has constantly left artists grappling with fragmented systems.

One of the standout features introduced by Notes.fm is their new tool titled “Releases.” This innovation, formulated in partnership with Stripe, simplifies the distribution and publishing of music, integrating revenue management into a single seamless workflow. This advancement allows artists to utilize Notes.fm as a centralized hub for both distributing their music and efficiently collecting royalties. The ethos of Notes.fm is grounded in the belief that artists should retain all of their earnings, which is highlighted by its model of charging a flat monthly subscription fee rather than taking a percentage of royalties.

Moreover, Notes.fm previously debuted