Sonomo ()
Sonomo is a music investment platform that gives retail investors access to digital streaming royalties previously available only to institutional funds. Every month, Sonomo collects and deposits revenue from 120+ streaming services (such as Spotify and Apple Music) into their account. Sonomo merely facilitates the exchange of shares and handles all subsequent payout distributions.
Today, the Sonomo platform features over 5.000 artists that may require funds to invest in new releases. Instead of waiting years for money from older releases, Sonomo allows them to get cash up front by selling a portion of future revenues.
By allowing anyone to invest in music, we are unlocking meaningful capital for independent artists worldwide.