RoyFi
RoyFi is a fintech that provides upfront cash advances to independent music artists secured against future royalty income, using a self-serve platform with automated underwriting and percentage-based repayment from ongoing royalties.
- Company typePrivate
- Founded2021
- HeadquartersFranklin, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What RoyFi does
RoyFi, Inc. is a private U.S.-based fintech founded in 2021 and headquartered in Franklin, Tennessee, that provides royalty advance financing to independent music artists. Its single product, Royalty Fast Forward®, offers upfront capital of $1,000 to over $1 million secured against an artist's future master and publishing royalty income, with repayment occurring automatically as a percentage of ongoing royalty receipts rather than through fixed loan installments. The platform targets individual independent musicians globally through a fully self-serve, product-led distribution model: artists apply online at royfast.io, submit royalty statements for automated evaluation, and typically receive funding decisions within 24-48 hours, with no credit check required and no catalog ownership taken.
The underlying Royalty Fast Forward® system reviews submitted royalty statements and earnings patterns to construct personalized advance offers, combining what the company describes as proprietary technology with human review. RoyFi monetizes via percentage-based fees collected during the repayment period rather than traditional interest, positioning itself against catalog-buyout competitors and traditional music industry advances. Go-to-market is digital-first: the company markets via its website (royfi.com) and a dedicated self-serve application portal (royfast.io), with a Partnerships page suggesting future B2B2C distribution development.
The business is early-stage: RoyFi has raised approximately $2.47M in total disclosed funding across a 2021 SEC Form D exempt offering (partial raise of $1.471M against a $2.5M target) and a 2023 round of $1.0M. The team comprises co-founders Peter Harvey (CEO), Corey Whiting (CTO), and Dawn Griffith (COO), with headcount reported at 1-10 employees. The company has registered the Royalty Fast Forward® trademark, operates without disclosed institutional ownership or parent entity, and reports no current revenue, customer count, or ARR.
RoyFi firmographics
Firmographics- Name
- RoyFi
- Legal name
- RoyFi, Inc.
- Website
- https://royfi.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- RoyFi is a fintech that provides upfront cash advances to independent music artists secured against future royalty income, using a self-serve platform with automated underwriting and percentage-based repayment from ongoing royalties.
- Ownership category
- akta.pro rank
RoyFi industry classification
Industry- Product category
- Music Royalty Financing
- NAICS
- Music Publishers (512230), Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (533), Music Publishers (51223)
- akta.pro primary industry
- Royalty Financing, Advances & Securitization (Catalog Finance) (MPAIAKAH)
- akta.pro secondary industries
- Royalty Analytics, Forecasting & Valuation Services (MPAIAKAG), Global Rights Representation & Sub-Publishing/Reciprocal Collection Services (MPAIAKAI), Royalty Auditing, Compliance & Anti-Piracy/Enforcement (MPAIAKAE)
Keywords
Where RoyFi is headquartered
LocationHeadquarters
- HQ city
- Franklin
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
RoyFi business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
Revenue model
- Royalty Advance Fees: RoyFi provides upfront capital to artists based on their future royalty earnings. Repayment occurs automatically as a percentage of ongoing royalty income. No interest, no loans, no catalog buyouts. Revenue generated through percentage-based fees collected during the repayment period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Variable advance amounts from $1,000 to $1M+ |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels2 records
RoyFi product offering
Product offeringCore offering
RoyFi provides royalty advance financing to music creators under its Royalty Fast Forward® product, issuing advances from $1,000 to $1,000,000+ against future royalty earnings. The service is delivered through a self-serve digital platform (royfast.io) with an average funding time of 48 hours, requires no credit score check, and does not require a catalog buyout.
Product overview
RoyFi operates as a single-product company offering the Royalty Fast Forward® service. This is a royalty-based advance platform where independent artists receive immediate access to capital secured against their future royalty earnings. The platform connects artists with funding ranging from $1,000 to over $1 million, with typical funding occurring within 48 hours. Artists maintain 100% ownership of their music catalog while repaying advances through automatic deductions from their royalty payments. The primary customer-facing applications are accessible through royfi.com (marketing site) and royfast.io (application platform).
Differentiator
Problem solved
Functional benefit
Brands
- Royalty Fast Forward®: The company's trademarked royalty advance product system that provides upfront capital to artists based on their future earnings, with automatic repayment from royalties.
Products and services
- Royalty Fast Forward®
Quantifiable outcome
- Artists receive funding within 48 hours of application
- +2 more outcomes
Companies that use RoyFi
Customer profileSegments2 records
Ideal customer profiles1 record
RoyFi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
RoyFi partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
RoyFi competitors and assessment
Company assessmentDirect peers
- Royalty Exchange: Royalty Exchange operates a marketplace where artists and rights holders can auction or sell royalty streams for upfront cash. It is a direct competitor to RoyFi because both convert future royalty income into immediate capital for rights holders, differing mainly in marketplace vs. principal/balance-sheet model.
- Sound Royalties: Sound Royalties provides custom royalty advances and financing to music artists, songwriters, and producers. It directly overlaps RoyFi's Royalty Fast Forward® in target customer (independent rights holders), product (non-recoupable advances against future royalties), and value proposition (preserving catalog ownership).
- Lyric Financial: Lyric Financial is a specialty finance company providing royalty-backed advances and loans to music industry professionals. It serves the same core use case as RoyFi — monetizing future royalty streams — making it a directly comparable product-led alternative.
Emerging players
- ANote Music: ANote Music is a European music royalty marketplace and investment platform enabling investors to buy fractional royalty interests. It is comparable to RoyFi as a fintech intermediating royalty income for capital, though it focuses on the investor/buyer side rather than artist-side advances.
- Beatdapp: Beatdapp provides music streaming fraud detection and royalty auditing technology. It is comparable to RoyFi as a music fintech infrastructure layer; its audit outputs could materially improve the reliability of the royalty statements RoyFi underwrites against.
- Republic: Republic is an investment platform offering music royalty offerings and artist-focused investment products. It is comparable to RoyFi at the intersection of music rights and alternative finance, providing alternative capital structures that compete for the same artist demand.
Broad incumbents
- Hipgnosis Songs Fund: Hipgnosis Songs Fund is a publicly listed investment fund acquiring music catalogs and royalty streams. While it operates at the institutional buy-side rather than the artist-facing advance side, it directly competes for the same pool of royalty assets RoyFi is built on, influencing artist-side pricing dynamics.
- Primary Wave Music Publishing: Primary Wave is a major independent music publisher that acquires and administers catalogs. It competes for the same royalty streams as RoyFi from the publisher side and represents the institutional incumbent model that RoyFi's artist-first positioning is partially differentiated against.
- Songtrust: Songtrust is a music publishing administration platform providing global royalty collection, registration, and payment services. While it is not a financing product, it touches the same royalty data layer RoyFi's underwriting depends on and is a natural data/partner adjacency.
Others
- Vampr: Vampr is a music collaboration and networking platform for artists and producers. While not a financing peer, it serves the same independent-artist customer segment RoyFi targets and represents a potential partnership or cross-promotion channel for artist-side acquisition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
RoyFi social profiles
Digital presenceRoyFi financial estimates
Financial estimateRevenue estimate
Valuation estimate
RoyFi leadership team
Management profileNumber of profiles
Profiles3 records
RoyFi funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RoyFi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RoyFi
What does RoyFi do?
RoyFi provides royalty advance financing to music creators under its Royalty Fast Forward® product, issuing advances from $1,000 to $1,000,000+ against future royalty earnings. The service is delivered through a self-serve digital platform (royfast.io) with an average funding time of 48 hours, requires no credit score check, and does not require a catalog buyout.
Is RoyFi a public or private company?
RoyFi is a private company. It is classified as venture growth investor backed and is currently operating.
When was RoyFi founded?
RoyFi was founded in 2021. It employs 1 to 10 people.
Where is RoyFi based?
RoyFi is headquartered in Franklin, United States, in the North America region.
How does RoyFi make money?
One revenue line is on record: royalty Advance Fees.
Who are RoyFi's main competitors?
Direct peers on record are Royalty Exchange, Sound Royalties and Lyric Financial. Emerging players are ANote Music, Beatdapp and Republic. Broad incumbents are Hipgnosis Songs Fund, Primary Wave Music Publishing and Songtrust. Vampr is listed as an others.
Does RoyFi have an API?
No public API is recorded for RoyFi.
What industry is RoyFi in?
RoyFi's product category is Music Royalty Financing. Its primary akta.pro industry code is MPAIAKAH, Royalty Financing, Advances & Securitization (Catalog Finance), with a secondary code of MPAIAKAG, Royalty Analytics, Forecasting & Valuation Services. Its NAICS code is 512230.