Notes.fm Raises $5M with Zach Bryan, Benny Blanco Among Investors

Funding will support platform development and Notes’ expansion to artists globally

Music royalty collection platform Notes.fm, which was founded by Stem Co-Founder Tim Luckow, has announced a $5 million raise, featuring investment from artists, managers, executives and strategic partners across the music industry.

The investors:

Benny Blanco; Zach Bryan and his managers Stefan Max and Danny Kang; Tainy; Blake Slatkin; and Mt. Joy frontman Matt Quinn contributed to the round.
Other investors include WME Group Executive Chairman Ari Emanuel; Chord Music Founder Sam Hendel; and Atlantic Records chief and 26.2 Founder Julie Greenwald.
Companies to invest include Foundations, Mick Management, Twenty Ten Management, Triple 8, KMGMT, Good Boy, Mexican Summer, and Breakaway.

The funding:

Notes.fm says the capital will support continued platform development and scaled marketing efforts as Notes expands its offering to artists globally.
It adds that the raise will help it continue building technology that brings distribution, royalty collection and financial management together for independent artists.

Recent launches:

Notes, which helps musicians and music companies identify and collect 100% of their royalties, recently debuted a new feature called “Releases” and a partnership with Stripe.
The feature seeks to streamline distribution, publishing administration and money management into one simplified release flow for musicians, allowing artists to use Notes as a home for both distribution and royalty collection.

Traction:

Since its public launch last year, Notes says it has identified more than $10 million in previously unclaimed royalties across artists and catalogs including James Blake, Zach Bryan, Mt. Joy and girl in red.

What they said:

Tim Luckow, CEO and Co-Founder of Notes.fm: “Music is evolving quickly, and the finance systems around it need to evolve at a faster rate. Between all of the actions required to properly release, credit and collect on music, there are a lot of places where money falls through the cracks. We built Notes to bring all of that into one platform – so artists can release music and collect every royalty from day one, and recover what’s historically been missed.”