Claimy Secures $1.5M to Automate Music Royalty Claims

Claimy, a technology platform designed for music publishers and songwriters, has secured $1,500,000 in new funding from investors. This significant capital injection is set to accelerate the company’s mission to empower music professionals with greater control and visibility over their works and associated revenues. The investment round underscores confidence in Claimy's innovative approach to addressing long-standing challenges within the music industry's royalty collection landscape. The platform offers a comprehensive suite of tools enabling users to gain unparalleled visibility into the exploitations and performances of their musical works. It assists in predicting associated revenues, thereby ensuring more complete and accurate remuneration for all uses of their compositions. Key features include the automation of royalty tracking and claiming processes, real-time visualization of work exploitations through detailed daily reports, and the prediction of generated income via proprietary statistical projection algorithms. Claimy aims to simplify complex data, making it easier for users to understand information and make informed decisions. Founded in 2023 by three music and tech enthusiasts, who are themselves DJs and electronic music composers, Claimy was born from a direct understanding of the need for accessible work tracking. The newly raised capital will be strategically deployed to enhance the platform's capabilities, expand its technological infrastructure, and scale its market reach. Claimy plans to use these funds for key growth initiatives, including further development of its analytical tools and potential expansion into new territories to support a broader base of music creators. Looking ahead, Claimy remains committed to its core objective of democratizing access to royalty data and streamlining financial processes for music publishers and songwriters globally. This funding positions the company to continue its trajectory of innovation, helping to secure fair compensation and foster financial clarity for creators in the evolving music ecosystem.