The startup offers a music monetization platform that utilizes artificial intelligence to analyze and predict the commercial potential of music releases across various streaming platforms. By providing actionable analytics, the platform enables artists to optimize their releases and enhance their revenue generation.
Funding
$2.5M 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.
ZIFounders
Product
Problem
Independent artists often struggle to effectively distribute their music across various streaming platforms and collect royalties, leading to lost revenue and limited reach. They also lack tools to build their brand and understand their audience.
Solution
Trac provides an operating system for independent artists, managers, and labels to distribute music, build their brand, and track their impact. The platform offers unlimited music distribution to all major streaming and social platforms, ensuring artists can reach listeners worldwide. Trac automates royalty payments, including options for cryptocurrency, and provides tools for artists and collaborators to choose how they get paid. Artists can create personalized tracpages to showcase their music, merchandise, tour dates, and press information.
Target Audience
The primary target audience includes independent artists, managers, and labels seeking to distribute music, manage royalties, build their brand, and understand their audience.
Features
- Unlimited music distribution to platforms like Spotify, Apple Music, TikTok, Tidal, YouTube, and Amazon Music
- Automatic royalty payments in USD and cryptocurrencies
- Personalized artist profiles (tracpages) to showcase music, merch, tour dates, and more
- On-demand merch sales with no inventory management
- Robust analytics, including number of streams, listeners, listen time, and stream origin
- AI-powered predictive technology to forecast hit potential
- Direct synch opportunities with industry giants like Netflix, Hulu, and ESPN
- YouTube Content ID to protect music rights