Ternwheel is a tour profitability platform that utilizes integrated budgeting and real-time communication tools to manage live music tour logistics. It addresses the challenges of financial tracking and coordination among team members, ensuring efficient expense management and streamlined scheduling for artists and their crews.
Funding
$80K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Managing live music tours involves complex logistics, including budgeting, scheduling, communication, and expense tracking, often leading to financial inefficiencies and coordination challenges among artists and their teams. Existing methods, such as spreadsheets and disparate communication channels, lack integration and real-time visibility, hindering profitability and creating administrative overhead.
Solution
Ternwheel is a tour management platform designed to streamline live performance logistics and maximize profitability through integrated budgeting, scheduling, and communication tools. The platform provides real-time expense tracking, automated scheduling, and a centralized dashboard for managing all aspects of a tour. By consolidating these functions, Ternwheel enables artists, tour managers, and booking agents to efficiently manage finances, coordinate team members, and stay informed about critical updates, ultimately improving tour profitability and reducing administrative burdens.
Target Audience
Ternwheel primarily targets artists, tour managers, and booking agents seeking to streamline tour logistics, improve financial management, and enhance team coordination.
Features
- Integrated budgeting and accounting tools with role-based permissions for secure financial data management
- Automated bank transaction syncing for faster expense tracking
- Auto-scheduled shows, schedules, and travel itineraries with reminders and notifications
- Real-time chat and communication tools for enhanced team collaboration
- Centralized dashboard providing a comprehensive view of budgets, schedules, and expenses
- Logistics management tools with a database of over 17,000 venues and hotel details
- Guest list creation and auto-submission to venues
- Secure sharing of budgeting and financial details within the platform
- Mobile application for on-the-road access and management