NYC-based Notes.fm Raises $5M in Funding Round

The round saw backers including Benny Blanco, Zach Bryan, Stefan Max, Danny Kang, Tainy, Blake Slatkin, Matt Quinn, Ari Emanuel, Sam Hendel, Julie Greenwald, Foundations, Mick Management, Twenty Ten Management, Triple 8, KMGMT, Good Boy, Mexican Summer, and Breakaway, among others.

The company will use the funding to continue developing its platform and scale marketing efforts as it expands its services to artists globally.

What is Notes.fm?

Notes.fm is a music royalty collection and distribution platform designed to help independent musicians, artists, rights holders, and music companies manage their music income.

Its platform brings distribution, publishing administration, royalty collection, and financial tools together in one place.

Notes recently launched Releases, a feature developed alongside a new partnership with Stripe. The service is designed to simplify music distribution, publishing administration, and money management through a single release process.

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Notes charges artists a flat monthly subscription fee and takes 0% participation in distribution and publishing royalties.

The platform also offers catalog royalty review technology that helps rights owners identify missing royalties and correct issues so they can claim money they are owed.

How Much Funding Has Notes.fm Raised?

Notes.fm has raised $5 million in its latest funding round.

The source does not provide details of previous funding rounds or the company’s total funding raised.

Who Invested in Notes.fm’s Funding Round?

The funding included Benny Blanco, Zach Bryan, Stefan Max, Danny Kang, Tainy, Blake Slatkin, Matt Quinn, Ari Emanuel, Sam Hendel, Julie Greenwald, Foundations, Mick Management, Twenty Ten Management, Triple 8, KMGMT, Good Boy, Mexican Summer, and Breakaway, among others.

The source does not identify a lead investor.

Why the Funding Matters

Notes.fm plans to use the new funding to support continued platform development and expand its marketing efforts.

The company is also building a broader financial layer for the music industry, combining distribution, publishing, royalty collection, and financial management tools.

Its platform is designed to help artists and rights holders find missing royalties, correct registration issues and claim the resulting income.

Who founded Notes.fm?

Notes.fm was founded in 2024 by Derek Davies and Tim Luckow.

The company is headquartered in New York City.

Leadership Comments

"Music is evolving quickly, and the finance systems around it need to evolve at a faster rate," said Tim Luckow, CEO and co-founder of Notes.fm. "Between all of the actions required to properly release, credit and collect on music, there are a lot of places where money falls through the cracks.

"Having spent our careers working with artists at every level, we've seen firsthand how much value gets lost to fragmented, unnecessarily complex systems," adds co-founder Derek Davies.

Market and Business Growth

Notes.fm says its catalog royalty review technology has identified more than $10 million in previously unclaimed royalties since its public launch last year.

The platform has worked across artists and catalogs including James Blake, Zach Bryan, Mt. Joy, and Girl In Red.

Notes has also launched Credits.fm, a free and open music credits database indexing more than 150 million song codes and credits.

The company has introduced integrated financial accounts that allow users to collect, store, transfer, and earn on their music income.

What Happens Next?

Notes.fm plans to continue developing its platform and expand its offering to artists globally.

The company will also build on its distribution, publishing, royalty collection, and financial tools as it works to simplify how musicians and rights holders manage their music earnings.

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