Sweden · Music startup

Snafu Records

Snafu Records is a Swedish AI-enabled record label and music financing platform founded in 2018 and publicly launched in 2020.

Funding reportedLast round: Undisclosed round

MusicStockholm, Sweden

About Snafu Records

Snafu Records is a Swedish AI-enabled record label and music financing platform founded in 2018 and publicly launched in 2020.

Headquartered in Stockholm, with operations in Los Angeles, it is recognized as the world’s first full-service, AI-driven record label. The company uses proprietary algorithms, including the EMMA (Early Music Momentum Algorithm), to identify undervalued and undiscovered artists by analyzing streaming platforms, social media, and blogs. Snafu Records offers two main business models: a traditional core label business that provides full-service support and a 50/50 split on recording royalties, and the Snafu Song Fund, which offers short-term cash advances for song licensing without taking ownership of masters. The company supports independent artists and labels, providing hands-on career assistance, data-driven analytics, and strategic growth capital. With a roster of over 300 artists and music streamed over 1 billion times annually, Snafu Records is committed to empowering artists through innovative financial solutions and data insights.

What company datasets say Snafu Records raised

Funding, as reported

Reported in all17.1Min the source's currency
Rounds5
Last roundUndisclosed round
Last round size3.5M
Last round dateJun 2023
Investors listed16

Founders and team

From Snafu Records's own website: 12 on the team.

  • Ankit DesaiCEO
  • Mira HowardCOO
  • Ed CregutHead of Distribution
  • Alejandro HernandezA&R Manager
  • Aleksandra KolobaevaProduct Manager
  • Daniela SantamariaMarketing Manager
  • Important NoticeSenior Financial Controller
  • Luis Fernando Perez RuizA&R Manager
  • Lukas FlodingSenior Financial Controller
  • Martin JaremanSenior A&R Manager
  • Sandra WooA&R Manager
  • Vanessa VitaliBusiness Analyst

On 2 portfolio pages

Investors who name them

Each firm lists Snafu Records on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

consumersartist advancesmusic industry data analysisdistributionperformance analyticssound recording studiosmusicianssocial media marketingcatalog growthinformation technology & servicesinternational artist supportfinancial servicesfinancedata analytics in musicglobal songwriting campsmusic collaboration

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Sector
Music
Industry code
NAICS 51224, 512250, 523940, SIC 7819
Region
Stockholm County
Full record
Every detail in the company directory

Music in Sweden

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