British entertainment tech startup Audoo raises $5M for its performance royalty reporting technology

Audoo is a multi award-winning technology company revolutionising performance royalty reporting through accurate data. It has created the Audoo Audio Meter™, which captures music actually being played, using real-time data, to help Performing Right Organisations (PROs) digitise and streamline their processes. Here are details of Audoo‘s latest funding round :

🚀 Launch

2018

🏭 Industry

Entertainment

🧠Management

Ryan Edwards (Founder & CEO), Nigel Elderton (Chairman), Natalia Brevot (COO), Steve Robbins (CTO), Melanie Johnson (Chief Commercial Officer), Hash Riaz (Head of Product), Sarah McNabb (Head of Customer Success)

💸 Funding & Investors

INVESTMENT (October 2023)$5 million
INVESTORS (October 2023)The round, which brought the total amount to $22M, saw participation from Elton John, David Furnish, MPL Ventures and ABBA’s Bjorn Ulvaeus, Tileyard and Edinv.

🎯 Funding purpose

Operations expansion and globalisation.

🌐 Country HQ

UK (London)

Leave a Reply

Your email address will not be published.