News


Audoo, the technology start-up aiming to revolutionise music royalty distribution, has announced it has eclipsed its latest funding target by raising £1.5 million and in June 2020 is set to move its office location to Tileyard London, its newest investor.

6th March 2020

Tileyard London is an innovative hub for creatives in the city and houses the biggest independent music community in Europe.


Located in King’s Cross, it has over 70 state-of-the-art music studios and more than 75 creative office spaces. Audoo’s new neighbours will include Beats 1 Radio, Pretty Green, Hipgnosis and Noel Gallagher’s personal studio.


Founded in 2018 by Ryan Edwards after discovering that he had not been compensated for a song that he’d written which was broadcast in a popular department store, Audoo has created a technological solution for millions of other creatives who have experienced similar circumstances.


With other backers including established music business heavyweights like Chris Herbert and Nigel Elderton, Audoo is working closely with Performance Rights Organisations (PROs) to streamline data-entry processes and royalty distribution by creating a Audio Meter to be installed in commercial spaces such as bars, gyms and retail locations.


Nick Keynes, Tileyard London Founder, stated:“What Audoo are creating finally offers true and fair insight across the music industry. Like Ryan, I was a musician and have experienced the challenges of hearing my work in public areas without compensation.


“We’re proud to have invested in such an entrepreneurial business, and cannot wait to have the team here at Tileyard within our thriving creative community.”


Audoo Founder and CEO Ryan Edwards stated: “We’re excited to have received investment from the team at Tileyard and to become a part of the most exciting music hub in Europe.


“Our mission to create a more transparent music industry will not be easy, but with incredible backers like Tileyard, it’s helps accelerate our vision.”


Full article: https://www.uktech.news/news/audoo-raises-15-million-with-tileyard-london-as-its-latest-investor-to-build-a-more-transparent-music-industry-20200305


More News

Startup advisors: Why you need them and where to find them

News

Startup advisors: Why you need them and where to find them

Bringing in a startup advisor to help your business as it grows is a natural part of founder life — ...

Read more
UK music tech startup Audoo partners with Abu Dhabi’s ESMAA on public performance royalties

News

UK music tech startup Audoo partners with Abu Dhabi’s ESMAA on public performance royalties

Music technology company Audoo has partnered with ESMAA, an Abu Dhabi-based music rights organizatio...

Read more
Audoo Secures Expansion With Foundation Client APRA AMCOS in Australia and New Zealand

News

Audoo Secures Expansion With Foundation Client APRA AMCOS in Australia and New Zealand

After partnering with Australasian music rights management organization APRA AMCOS last year, Music ...

Read more
Sir Elton John hits high note with backing for music tech company Audoo

News

Sir Elton John hits high note with backing for music tech company Audoo

Sir Elton John's investment adds his name to those of ABBA's Bjorn Ulvaeus and Sir Paul McCartney as...

Read more
Music tech company Audoo appoints Melanie Johnson as Chief Commercial Officer during continued international expansion

News

Music tech company Audoo appoints Melanie Johnson as Chief Commercial Officer during continued inter...

Audoo — the music technology company revolutionising public performance royalties — has appointed Me...

Read more
Meet Audoo, the company that helps musicians get paid when their songs are played

News

Meet Audoo, the company that helps musicians get paid when their songs are played

As part of our quick founder questions series – or QFQs – we spoke to Ryan Edwards, CEO and founder ...

Read more
PRS for music & PPL partner with music tech company Audoo to enhance public performance royalty distributions

News

PRS for music & PPL partner with music tech company Audoo to enhance public performance royalty dist...

The partnership aims to improve music royalty distribution for over 300,000 artists, recording right...

Read more
Radical change in how music royalties are paid

News

Radical change in how music royalties are paid

This week David & Michael are joined by Ryan Edwards, CEO of Audoo, a music technology company that ...

Read more
Startup advisors: Why you need them and where to find them

News

Startup advisors: Why you need them and where to find them

Bringing in a startup advisor to help your business as it grows is a natural part of founder life — ...

Read more
UK music tech startup Audoo partners with Abu Dhabi’s ESMAA on public performance royalties

News

UK music tech startup Audoo partners with Abu Dhabi’s ESMAA on public performance royalties

Music technology company Audoo has partnered with ESMAA, an Abu Dhabi-based music rights organizatio...

Read more

Find Us