The Music Fund
The Music Fund is a spin-out from Winton, one of the most successful data-driven global investment management companies. The new platform will use expertise in data science and machine learning to invest in human creativity, starting with the music industry. The Music Fund will build a new global market and bring together two groups: musicians, who will receive capital to invest in developing their talent, and investors, who will benefit from an uncorrelated revenue stream. The data revolution enables accurate valuation and systematic risk control. The Music Fund distinguishes itself from traditional record labels by harnessing this data to invest at scale in the long tail of musicians using statistical methods well-established within the finance industry.
The Music Fund
The Music Fund is a spin-out from Winton, one of the most successful data-driven global investment management companies. The new platform will use expertise in data science and machine learning to invest in human creativity, starting with the music industry. The Music Fund will build a new global market and bring together two groups: musicians, who will receive capital to invest in developing their talent, and investors, who will benefit from an uncorrelated revenue stream. The data revolution enables accurate valuation and systematic risk control. The Music Fund distinguishes itself from traditional record labels by harnessing this data to invest at scale in the long tail of musicians using statistical methods well-established within the finance industry.
TL;DR
Founded: 2017
Headquarters: San Francisco, United States
Business model: Provides upfront capital to musicians by purchasing a share of future royalty streams using data-driven valuation
Spin-out / origin: Spin-out from Winton
Acceleration / exits: Participated in Techstars Music; acquired by HIFI (announced Sep 30, 2021)
Company Overview
Problem Domain
Fintech for music / music royalties monetization
Founded
2017
Industry
Music fintech
Funding Track Record
120000.00
Closed pre-seed round (Techstars participation noted separately)
Acquired by HIFI (announcement date Sep 30, 2021)
Investor Signal
“Techstars listed as an investor/accelerator participant”