Audoo is a technology company revolutionizing public performance royalties.
Audoo is creating a royalty revolution to ensure accuracy is delivered for artists, composers, labels, license payers and royalty societies alike.
Audoo was founded in 2018 by Ryan Edwards. The company is headquartered in London, London, United kingdom.
Audoo has created a solution which tracks actual played music and relays that information in real-time to help PROs digitise and streamline their processes, resulting in more accurate and transparent royalty distribution.
Audoo's audio meter simply plugs in to commercial establishments such as shops, restaurants, gyms and bars and takes a digital imprint of the music played. This data is then analysed for PROs who ensure artists, composers and publishers are compensated fairly and accurately, every time their music is played.
Audoo is working with Performing Right Organisations around the world to make installation a condition of venues gaining a license to play music.
Audoo is backed by Björn Ulvaeus, Tileyard London and others. The company raised €5.8M in Series A round on Nov 23, 2020. This brings Audoo's total funding to €7.5M to date.