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 developed a patented Audoo Audio Meter. The Audio Meter is a small plug-in device ready to fit into a standard electrical socket, which securely monitors the music that premises (such as a bar, gym or shop) are playing.
Audoo uses signal processing techniques to strip out any foreground noise, i.e. patron’s conversations, thus remaining GDPR compliant.
Audoo’s proprietary algorithm matches the audio captured against a database of some 75 million tracks on file, and ta-da, highly accurate reporting, and most importantly, compensation for the creators and rights holders of said tunes.
Audoo is backed by Edinv, Björn Ulvaeus, Tileyard London, Sir Paul McCartney’s MPL Ventures, and others. The company raised €8.4M in a pre-Series B round on Dec 13, 2021. This brings Audoo's total funding to €15.9M to date.