Beatdapp is a Canadian startup with the slogan "We help DSPs, music labels, distributors, and artists accurately track play counts for invoicing and royalty payments." Founded in
2018, the company operates in the
enterprise software and
music industries.
Beatdapp has attracted significant attention in the industry due to its innovative approach. The company's tracking system authenticates, verifies, and validates media streamed in real time, thereby reducing tracking discrepancies between Digital Service Providers (DSPs) and rights holders. This results in increased royalty revenue for rights holders while also limiting legal exposure, expensive audit costs, and lawsuits for DSPs. Notably, Beatdapp has garnered accolades including being named the #2 Seed Stage Company in Canada by Crunchbase in
2019 and winning the Inventures "Exploring Blockchain Breakthroughs" Competition in the same year. Additionally, the company was recognized as a top 5 Most Promising Startup of the Year by NACO and has been featured on various prestigious lists such as "48 Hours in The Valley" by C100 and the "Emerging Rockets List."
The recent success of Beatdapp was underscored by its
$17.00M Series A investment on
19 January 2024. This funding round was backed by notable investors including Saltagen Ventures, INP Capital, Aventrock, Jamie King, and Larry Fichtner. Notably, the company boasts partnerships with the largest music companies in the world. Beatdapp’s data-driven approach and its ability to effectively reconcile play counts have positioned it as a promising player in the music industry's royalty tracking landscape. For further inquiries, interested parties can reach out to the company via
[email protected].
