
United Kingdom · Music startup
Synchtank is a London-based B2B SaaS company that specializes in creating a cloud ecosystem for music data.
Funding reportedLast round: Series A
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Synchtank is a London-based B2B SaaS company that specializes in creating a cloud ecosystem for music data.
Founded in 2010, the company aims to enhance the music industry by streamlining rights, royalty, and asset management processes. Synchtank provides a modular platform that centralizes the entire lifecycle of music assets, making it easier for rights holders and users to manage and search music catalogs and metadata. The platform includes features for rights and asset management, sync licensing and pitching, and a dedicated royalty accounting system named IRIS. This system has processed significant financial transactions and is available to music publishers. Additionally, Synchtank offers workflow automation to improve efficiency in royalty processing and financial reporting. The company serves a diverse clientele, including major global media entities like Warner Music Group, Universal, and Sony, as well as independent labels and publishers.
Funding, as reported
Synchtank filed 6 raises, $11M in all. Filings say how much was sold and to how many investors; they never name the investors.
From Synchtank's own website: 17 on the team.
What they build
Known for
librariesmusic licensing systemsbroadcasterssecurityrights and royaltiessong registrationconsumerslicense workflowdata protectioncloud-based platformmusic rights softwaremusic monetizationlicense workflow automationcontent deliverysonic similarity searchmusic rights visibility
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