Chordal is a US-based startup at the innovative crossroads of the music industry and the content economy, founded in 2019. With the slogan, "Where music and visual minds meet," the company aims to revolutionize music licensing through its proprietary InstantClear™ technology.
The core of Chordal's mission is to construct a more equitable licensing economy that empowers artists and songwriters. Their InstantClear™ platform efficiently identifies all fractional rights holders for commercially released music and simultaneously clears both master and publishing rights. This process generates audit-ready contract bundles and ensures that payments are routed correctly to all stakeholders.
Having garnered a $1.65M seed round investment in July 2020 led by Ruttenberg Gordon Investments, Chordal is poised to offer a crucial infrastructure solution, enabling brands to access loved songs, platforms to expand catalogs, and music supervisors to meet tight deadlines confidently. This positions Chordal as a compelling target for further investment in the entertainment and marketplace sectors.