Sonomo
sonomo.comLocations
Amsterdam, Netherlands
industry
Finance · Media
Size
11-50 employees
Stage
Pre Seed
founded in
2021
Sonomo 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, artists 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.
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