Royalty Exchange operates an online marketplace where rightsholders can auction parts of their royalty streams to private investors while retaining copyright and continuing to earn royalties on unsold portions. The platform connects songwriters and musicians with investors seeking royalty income and runs online auctions for those royalty interests. The company recently closed a $6.4M convertible note to support growth. Proceeds will be used to hire additional staff and invest in new technology. Royalty Exchange is recruiting for business development, marketing, and artist/label relations roles. It is also developing new financial solutions aimed at both buyers and sellers on its platform. Royalty Exchange operates a web-based marketplace that brokers royalty rights in music, entertainment, publishing, patents, trademarks and other revenue streams. The platform manages auctions of royalties tied to artists (including Usher, Whitney Houston, Natalie Cole and Travis Tritt) and songs from classic Disney films and TV shows such as Seinfeld, Friends and Law & Order. Founded in 2011 and led by CEO Sean Peace, the company is based in Raleigh, N.C. TRE plans to expand beyond music into film, TV, books, solar energy, pharmaceuticals, patents, intellectual property, oil/gas and other royalty types. The company raised $2.1M in a Series A to fund growth. Proceeds will be used to activate integrated marketing initiatives and expand sales teams in New York, Los Angeles and Nashville.

Total raised

$9M

Funding rounds

2

Latest round

Convertible Note

Latest activity

Jun 2017