# Beatdapp Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beatdapp-software

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.beatdapp.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Oct 15, 2019)
- Investors on record: 4

## About

Based in Canada, Beatdapp Software Inc. specializes in combating streaming fraud and recovering lost royalties for artists and content creators through advanced analytics and reporting solutions.Beatdapp Software Inc., founded in 2018, is located in Vancouver, Canada. The company focuses on mitigating streaming fraud and ensuring accurate royalty distribution for artists. The founders Morgan Hayduk and Pouria Assadipour, alongside CEO Andrew Batey, initiated the firm to address challenges faced by content creators in the digital streaming landscape. In December 2023, Beatdapp raised CAD 22.9 million in funding led by Saltagen Ventures, bringing the total amount raised to CAD 22.9 million through two funding rounds.Beatdapp specializes in identifying and mitigating streaming fraud while ensuring that missing royalties are recovered for artists and content creators. The company offers a robust suite of products and services designed to enhance the transparency and accuracy of streaming play count reports. Central to its offerings is a new API that enables digital service providers (DSPs) to verify content pre-launch, thereby reducing the risk of fraudulent activity. Additionally, Beatdapp conducts extensive data analysis across multiple streaming platforms to provide authoritative reports that assist clients in understanding and addressing discrepancies in streaming metrics. The company serves a diverse client base, including DSPs, distributors, and content creators, primarily in North America and Europe, where the prevalence of streaming services is significant.Beatdapp generates revenue through a model that involves partnerships with digital service providers and distributors, leveraging a subscription-based approach for its analytics and reporting services. The company engages in transactions that include the provision of its API and tailored data analysis services, which are integral to its clients' operational efficiency. Clients pay subscription fees for continuous access to Beatdapp's suite of tools and services, facilitating ongoing fraud detection and royalty recovery efforts. The exact pricing structure for these services is proprietary, reflecting the bespoke nature of the solutions provided based on specific client needs and operational scale.In Q4 2023, Beatdapp Software Inc. raised CAD 22.9 million in venture funding to expand its operations. The funding will be utilized to hire senior leaders, enhance technical teams, and support geographical expansion into new markets. The company is currently designing new products aimed at improving analytics capabilities and plans to launch these offerings in the coming year, specifically targeting growth in North America and Europe.

## Funding rounds

- Seed, Oct 15, 2019, $2.4M — 500 Global, Panache Ventures, Hike Ventures, Maple VC

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Hike Ventures — Seed
- Maple VC (https://capitalatlas.ai/funds/maple-vc) — Seed