2023 was a big year for SONGTRADR the music licensing platform founded by the musical genius PAUL WILTSHIRE (in Picture )
Songtradr raised $109 million in 2023 at a valuation of $879 million.
Investors included
- Epic Games — the same company that sold the D2C music sales platform Bandcamp to Songtradr last month
- WiseTech’s Richard White
- Perennial and
- Argo.
Investors in Songtradr include the
- St Baker family office,
- Regal Funds Management, and
- Aware Super.
What it does
Songtradr is like a B2B version of Spotify, says Paul - with songwriters and producers earning fees whenever a Songtradr client licenses their music.
Songtradr aims to be an all-in-one music licensing platform for corporates, small businesses, and content creators. Its subscribers can select songs from the Songtradr marketplace or browse from playlists, including ones inspired by popular films and TV shows.
Wiltshire has previously described the platform as a B2B version of Spotify
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