AI-powered operations platform Quantizr has launched, enabling easy, centralized, data-driven decision making for live entertainment professionals.
How it works:
Purpose-built for the entertainment industry, the AI-powered platform automates the extraction of critical financial and deal terms from deal memos, contracts, and settlement statements.
In doing so it transforms fragmented, unstructured documents into standardized, actionable data, making it easier for agents, managers and business managers to make smart financial touring decisions.
As per Pollstar, the app allows a booking agent to input multiple touring offers and see exactly how much each is worth, enabling them to choose the one that offers the best return.
Band managers can then assimilate that information to create a budget, and business managers can settle each of the shows after accepting the best offer.
The co-founders:
Joshua Litwack is CEO. He is a chartered financial analyst with history at Bloomberg and investment giant BlackRock.
Tim Nielsen is Chief Technology Officer. He is an attorney specializing in IP and emerging technology.
Jeremy Salken is the Chief Marketing Officer. He has also been the drummer and business manager for Big Gigantic for nearly two decades.
History:
Before launching publicly, Quantizr spent over a year quietly collaborating with artist managers, business managers, and agents to ensure the platform reflects the complexity and pace of their work.
What they said:
Jeremy Salken: “After almost two decades of creating my own record-keeping methods on the fly to stay organized, Quantizr lets me keep my improvisational focus on music! Being part of the founding team and knowing what an impact this will have on the industry is something I’m immensely grateful for.”
