Breakevent builds an event analytics platform that uses advanced machine learning to predict the success of live music events and reduce uncertainty for concert decision-making. Its software provides a basis for decision-making for upcoming concerts and aims to be the AI decision-making tool for the music industry. The Madrid-based company expanded its database in 2024 to more than 1,700 venues in Spain. Breakevent recently closed a €876K funding round and has received public financial backing from Neotec, the Community of Madrid, the Ministry of Culture and ENISA. The new capital will be used to accelerate growth, expand the database and develop an AI Agent trained in a closed environment with industry-specific data. Management intends to consolidate national clients and begin expanding internationally as the European live music software market grows with rising digital demand and AI adoption.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2025