SphereTrax is a marketplace for high-end songs and soundtracks that uses Bitcoin SV blockchain technology to ensure rights owners are notified and paid instantly. The platform offers a search engine for industry professionals to source tracks and connect directly with artists, alongside pre-set licences, automated contracts and payment forms to streamline licensing. Users can transact in cash or cryptocurrencies, withdraw immediately, and purchase tracks as NFTs to secure outright ownership. Founded in 2022 by Sefi Carmel and based in London, the company is in the pre-seed stage with a forecasted launch date of April 1, 2023. Applications for composers are open and SphereTrax expects 10,000+ tracks on the platform in the near future. It raised £250K to advance technology development and sales and marketing efforts.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2023