Soundreef S.p.A. develops the technology and content-management platform used to audit, collect and maximize royalties for music authors and publishers. Led by CEO Davide d’Atri, the company processes billions of transactions with a focus on improving data security and efficiency in the music industry. Its services are used by radio and TV broadcasters, digital service providers, live event organisers, theatres, cinemas, business establishments and music labels, which can obtain mandatory licenses for works managed by Soundreef. The group includes Soundreef Ltd (an Independent Management Entity listed in the UK Intellectual Property Office), Soundreef Media Service S.r.l. and Soundreef CZ s.r.o. Soundreef manages rights for over 31,000 authors and publishers in more than 40 countries, including 14,000 in Italy. The company is backed by investment companies VAM Investments S.p.A. and LVenture Group S.p.A. Soundreef operates a technology platform that enables music copyright owners—publishers, authors and artists—to securely provide, manage, track and audit royalties and to receive payments. The company manages over 150,000 songs worldwide. It raised €3.5m in equity funding to support its international expansion, with proceeds to be delivered in tranches. In conjunction with the funding, Soundreef acquired 100% of Soundreef Ltd, a UK-based copyright brokerage and Independent Management Entity. Soundreef Ltd, founded in 2011 and led by CEO Francesco Danieli, offers flagship products Soundreef In-store and Soundreef Live. The financing and acquisition are positioned to accelerate Soundreef's expansion over the next 12 months.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2018