Songvest
SongVest operates a web-based platform that sells SEC Regulation A+ qualified fractional shares (SongShares) of music royalty streams, connecting individual fan investors and alternative-asset catalog investors with artists, songwriters, and rights holders.
- Company typePrivate
- Founded2007
- HeadquartersRaleigh, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Songvest does
SongVest (legal entity RoyaltyTraders LLC) is a Raleigh, North Carolina-based web platform that enables individuals to purchase SEC Regulation A+ qualified fractional shares, branded as SongShares, of music royalty streams. Founded in 2007 by CEO Sean Peace and re-launched in 2021 under the JOBS Act framework, the company connects three constituencies: fan investors and catalog investors on the demand side, and artists, songwriters, and rights holders on the supply side. The platform has facilitated transactions on recordings by artists including Beyoncé, Queen, TLC, Cardi B, Bad Bunny, Eminem, Mariah Carey, and Katy Perry, with cumulative sales of over $35M and 2022 catalog sales of $5.1M (up 168% year-over-year).
The platform's technical architecture combines a self-serve investor portal (secure.songvest.com) with a VIP "testing-the-waters" auction for pre-qualification price discovery, followed by a public sale window for remaining SongShare units. Each SongShare represents a pro-rata claim on royalty revenue from a specific song, with quarterly ACH distributions to investors via the royalty payment dashboard. The 2022 launch of a Private Marketplace extended the platform to whole-catalog listings in the $1M–$15M+ range. Supporting infrastructure includes broker-dealer Dalmore Group LLC (FINRA/SIPC) for securities compliance, North Capital for escrow, Tipalti for payment processing, DocuSign for subscription document signing, Chartmetric for streaming analytics, OneOf for digital collectibles, and Klaviyo for email marketing. The company holds the SongShares® registered trademark.
SongVest monetizes through a transaction-based revenue model: a stated 3.15% + $0.94 credit card processing fee per SongShare purchase, plus spread or issuer fees derived from its role as the issuer-direct offering platform alongside broker-dealer services. Its go-to-market combines product-led growth (self-serve browsing and auction participation) with community-led content marketing (blog, webinars hosted by CEO Sean Peace, social media) and a B2C direct-to-consumer motion targeting both fan investors and alternative asset allocators. As of 2023, the company is private, remote-first with 11–50 employees, and has raised a 2021 Series B of $500,000 and a 2023 community crowdfunding round of over $200,000.
Songvest firmographics
Firmographics- Name
- Songvest
- Legal name
- RoyaltyTraders LLC
- Website
- https://songvest.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SongVest operates a web-based platform that sells SEC Regulation A+ qualified fractional shares (SongShares) of music royalty streams, connecting individual fan investors and alternative-asset catalog investors with artists, songwriters, and rights holders.
- Ownership category
- akta.pro rank
Songvest industry classification
Industry- Product category
- Music Royalty Investment Platform
- NAICS
- Music Publishers (51223), Music Publishers (512230)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Royalty Financing, Advances & Securitization (Catalog Finance) (MPAIAKAH)
- akta.pro secondary industries
- Music Rights Administration & Royalty Processing (Admin, Accounting, Statements) (MPAIAKAD), Master Rights Ownership & Catalog Management (MPAIAAAB)
Keywords
Where Songvest is headquartered
LocationHeadquarters
- HQ city
- Raleigh
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Songvest business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Transaction/Processing Fees: SongVest charges a credit card processing fee of 3.15% + $0.94 per SongShare purchase. This is the primary transaction-based revenue stream from facilitating the purchase and sale of fractional royalty shares on the platform.
- Broker-Dealer Services: Dalmore Group LLC serves as the registered broker-dealer for offerings, with SongVest as the issuer direct offering platform. Revenue derived from securities transaction facilitation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | SongShare Purchases - Price varies by offering |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Songvest product offering
Product offeringCore offering
SongVest operates a regulated web-based investment platform that sells SongShares, SEC Regulation A+ qualified fractional ownership shares of music royalty streams, allowing fans to invest in hit songs and earn passive royalty income. The platform also includes a VIP Auction mechanism for SEC-compliant price discovery, Public Sales for general availability, and a Private Marketplace for larger catalog transactions ($1M-$15M+), serving both individual retail investors and artists/rights holders.
Product overview
SongVest is a music royalty investment platform that operates as a unified platform offering multiple interconnected products. The core product is SongShares, SEC-qualified fractional ownership shares of music royalty streams that allow fans to invest in songs and earn passive royalty income. The platform is powered by two primary sales mechanisms: VIP Auctions for initial interest gathering under SEC Regulation A+ guidelines, and Public Sales for general availability. SongVest also operates a Private Marketplace for larger catalog transactions ($1M-$15M+). Together, these products enable the platform to democratize music ownership by connecting artists, rights holders, and fans through regulated securities offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- SongShares Fractional ownership shares of music royalty streams that allow fans to invest in songs and earn passive royalty income. SongShares are SEC Regulation A+ qualified offerings that legally fractionalize music royalties into purchasable shares, with quarterly royalty payments distributed to holders via ACH.
- VIP Auction A 'testing the waters' auction under SEC Regulation A+ guidelines where bidders can reserve SongShare units at market-determined prices before the offering is qualified by the SEC. VIP stands for 'Verify Interest of Participation' and provides price discovery for each SongShare offering.
- Public Sale Following VIP Auction completion, remaining SongShares are made available for public purchase at the price set during the auction, after a VIP Sale window where winning bidders have first opportunity to purchase their reserved units.
- Private Marketplace A listing service for music catalogs valued from $1M to $15M+ that addresses mid-market needs for buyers and sellers. Provides standardized deal formats with analysis, raw data, and summary sales sheets, and is offered free for brokers and buyers (not an auction marketplace).
- Royalty Selling / Advances Service A service for artists, songwriters, and rights holders to sell their royalty streams or obtain advances from SongVest, including a custom advance auction offering immediate capital without giving up copyrights.
Quantifiable outcome
- Over $35 million in total sales
- +3 more outcomes
Companies that use Songvest
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles1 record
Songvest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature3 records
Songvest partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TipalticorePayment processing partner for SongVest platform. Investors must create a Tipalti Account and agree to Tipalti's Terms of Service and Privacy Policy to use payment services. Funds processed through Tipalti's financial institution partners.
- North CapitalcoreEscrow services provider for SongShare transactions. Payment held in escrow account at North Capital until transaction completion.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Songvest competitors and assessment
Company assessmentDirect peers
- Royalty Exchange: Royalty Exchange is the largest online marketplace for buying and selling music royalties, having facilitated $190M+ across 2,300+ transactions. It directly competes with SongVest in the music royalty fractionalization space, offering similar investor-facing marketplace functionality with deeper liquidity and longer operating history.
- ANote Music: ANote Music is a European-listed music royalty investment platform that enables investors to buy fractional shares in music catalogs. It is comparable to SongVest as both offer SEC/regulated-equivalent fractional ownership of music royalties to retail and professional investors, with similar primary product offerings.
- Musicow: Musicow is a Korean music royalty trading platform that pioneered the fractional music royalty investment model, referenced alongside SongVest and Royalty Exchange as part of the $45M collective annual royalty stream platforms in WIPO research. It is comparable due to its identical product model of fractional royalty ownership for individual investors.
Broad incumbents
- Hipgnosis Songs Fund: Hipgnosis Songs Fund is a major institutional acquirer of music catalogs with billions in AUM. While not a retail-facing platform, it competes for the same underlying supply of premium music catalogs that SongVest needs to source SongShare offerings, making it a key competitor in catalog acquisition.
- Primary Wave Music Publishing: Primary Wave is a leading music publishing and talent management company that acquires rights to iconic music catalogs. It overlaps with SongVest's supply-side as a competing buyer of master and publishing rights from artists whose catalogs SongVest seeks to fractionalize.
- Concord Music Group: Concord is an independent music publisher and label that owns and acquires rights to extensive music catalogs. It competes with SongVest on the supply side as a major institutional acquirer and could also become a customer of SongVest's Private Marketplace for portfolio transactions.
- Yieldstreet: Yieldstreet is an alternative investment platform offering fractional ownership of assets including music royalties. It competes with SongVest for sophisticated retail and HNW investors seeking alternative asset exposure, with a broader portfolio beyond music.
Emerging players
- Masterworks: Masterworks pioneered SEC-qualified fractional ownership of fine art and has expanded its model to music. It is comparable to SongVest as a fellow SEC-registered fractional asset platform targeting retail investors with a similar regulatory-first approach to democratizing alternative asset classes.
- Otis: Otis is a music-focused investment platform that enables fans to buy shares in songs and earn royalties. It directly competes with SongVest's SongShares product with a similar fan-investor GTM motion, focusing on emerging and mid-tier catalogs rather than iconic legacy artists.
Others
- Republic: Republic is an investment platform that has facilitated music and entertainment offerings including Reg A+ deals. It is comparable to SongVest as an alternative platform for retail investors accessing Reg A+ securities, though it operates across multiple asset classes beyond music.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Songvest social profiles
Digital presenceSongvest compliance and trust
Trust signalCompliance1 record
Songvest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Songvest leadership team
Management profileNumber of profiles
Profiles12 records
Songvest funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Songvest 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 Songvest
What does Songvest do?
SongVest operates a regulated web-based investment platform that sells SongShares, SEC Regulation A+ qualified fractional ownership shares of music royalty streams, allowing fans to invest in hit songs and earn passive royalty income. The platform also includes a VIP Auction mechanism for SEC-compliant price discovery, Public Sales for general availability, and a Private Marketplace for larger catalog transactions ($1M-$15M+), serving both individual retail investors and artists/rights holders.
Is Songvest a public or private company?
Songvest is a private company. It is classified as venture growth investor backed and is currently operating.
When was Songvest founded?
Songvest was founded in 2007. It employs 11 to 50 people.
Where is Songvest based?
Songvest is headquartered in Raleigh, United States, in the North America region.
How does Songvest make money?
Two revenue lines are on record. Transaction/Processing Fees are the primary driver. The others are broker-Dealer Services.
Who are Songvest's main competitors?
Direct peers on record are Royalty Exchange, ANote Music and Musicow. Broad incumbents are Hipgnosis Songs Fund, Primary Wave Music Publishing, Concord Music Group and Yieldstreet. Emerging players are Masterworks and Otis. Republic is listed as an others.
Does Songvest have an API?
No public API is recorded for Songvest.
What industry is Songvest in?
Songvest's product category is Music Royalty Investment Platform. Its primary akta.pro industry code is MPAIAKAH, Royalty Financing, Advances & Securitization (Catalog Finance), with a secondary code of MPAIAKAD, Music Rights Administration & Royalty Processing (Admin, Accounting, Statements). Its NAICS code is 51223 and its SIC code is 6211.