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Musical AI raises $1.5M for rights management
Musical AI raises $1.5M USD / $2.1M CA for rights management for generative AI. The investment will support its music’s attribution model.
Initial Musical AI clients include Symphonic Distribution, Kanjian, and Beatoven.
How Musical AI works
Musical AI is designed to break down tracks and determine what inputs lead to particular generative AI outputs and what percentage of the generated output came from what data source. Rightsholders can then monitor, take down, and sunset usage of the works they own. Generative AI companies can access quality licensed data and can use Musical AI’s reports to monitor usage for each generated output.
Musical AI raises $1.5M
“As the opportunity for revenue and need for licensed content become clearer every day, we’re seeing more Rights Holders and AI Companies recognize the need for our platform,,” explains Musical AI COO Matt Adell. “Generative AI will need attribution, and we’re the first to master it and provide a secure platform that implements it along with industry accepted revenue sharing.”
Investors: Musical AI raises $1.5M
The round was led by Build Ventures, one of Canada’s largest VC firms investing in startups. The company is continuing to raise as it looks toward closing a seed round in the first half of 2025.
Bruce Houghton is the Founder and Editor of Hypebot, a Senior Advisor at Bandsintown, a Berklee College Of Music professor and the founder of the Skyline Artists Agency
Bruce Houghton on 02/05/2025 in Startups & Funding | Permalink | Comments (0)
Tags: music, music business, music industry, music tech, musician, musicians
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