TuneCore
Latest round
- Series A
Last raised
- Oct 2008
Total raised
- $7M
Investors
- 1
About TuneCore
Founded in 2005 in Brooklyn, US, TuneCore provides digital music distribution services for independent artists. The company was acquired by Believe Digital in April 2015, with financial terms not disclosed. The CEO team includes Andreea Gleeson, Denis Ladegaillerie, and Epix Beatz.TuneCore offers a comprehensive suite of digital music distribution services designed to empower independent artists by providing them with the tools needed to distribute their music globally. The core service allows artists to upload their music to over 150 digital stores and streaming platforms, including major retailers such as Spotify, Apple Music, TikTok, and YouTube. This service grants artists the ability to maintain 100% ownership of their music, ensuring they retain creative control while maximizing their revenue opportunities through streaming and sales. Additionally, TuneCore provides publishing administration services to help musicians collect royalties generated from various sources, including streaming, radio airplay, and live performances.TuneCore generates revenue primarily through subscription-based models, with artists paying an annual fee for unlimited music distribution.99 per year, allowing artists to release an unlimited number of songs and albums. This business model is direct-to-consumer, with artists engaging directly with the platform to manage their releases and revenue collection. Revenue is also supplemented by the company's publishing services, which track and collect royalties on behalf of artists, further enhancing their earning potential. The company aims to strengthen its presence in existing markets and explore new geographical regions to provide greater access to independent artists. The acquisition by Believe Digital may further enhance strategic growth opportunities, expanding resources and support for artists.
Who invested in TuneCore
1 investor across 1 round
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Funding rounds
Series A
Oct 26, 2008
Amount
$7M
Investors
Questions about TuneCore
Who invested in TuneCore?
TuneCore has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TuneCore raised?
TuneCore has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TuneCore last raise money?
TuneCore's most recent round on record is a Series A, in Oct 2008.
What does TuneCore do?
Founded in 2005 in Brooklyn, US, TuneCore provides digital music distribution services for independent artists.
Where is TuneCore headquartered?
TuneCore is headquartered in Brooklyn, US.
Which VCs invest in companies like TuneCore?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at TuneCore's stage. Their profiles are linked below.
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