What Record does

Record Financial, founded in 2022 and headquartered in New York, operates a creative IP infrastructure platform for the music industry that unifies royalty data, rights management, reporting, and payments into a single source of truth. The platform serves artists, labels, managers, publishers, funds, and rightsholders through five integrated modules: Dashboard (catalog and cash flow snapshots with institutional-grade analytics), Portfolio (centralized asset and rights management with normalized data), Statements (automated royalty reporting and global payment distribution via ACH, wire, and stablecoin rails), Admin Service (AI-native automation of publishing, NRR, and royalty administration including metadata cleanup, claims resolution, and royalty recovery), and Explore (custom earnings, royalty, and consumption data exports with trend and anomaly analysis).

The underlying technology combines a blockchain-based payment infrastructure built on the Avalanche network using USDC stablecoins with AI-native automation for rights operations. This architecture replaces the music industry's traditional quarterly royalty reporting cycle with real-time continuous payouts, bypassing legacy intermediaries and reducing settlement overhead. The platform's go-to-market combines product-led growth through direct website access (takerecord.com) with sales-assisted onboarding for enterprise customers, supported by a contact form capturing role and entity details.

Record generates revenue through subscription-based platform services for rights holders and transaction fees for blockchain-based payment processing, though specific pricing is not publicly disclosed. The company raised $3M in seed funding in July 2024 from Ava Labs, Highgate 4D, and VanEck, and secured flagship partnerships with Ava Labs (December 2025) and Avalanche Network (November 2025) to deepen its blockchain-based payment infrastructure.

Name

Record

Legal name

Record Financial

Website

https://takerecord.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Record Financial provides blockchain-based and AI-native infrastructure for music royalty management, unifying royalty data, rights administration, reporting, and real-time payments for artists, labels, managers, publishers, funds, and rightsholders.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Platform Services for Rights Holders: Record provides royalty tracking, rights management, and payment services to artists, labels, managers, publishers, funds, and rightsholders. The platform likely generates revenue through subscription or transaction fees for its administration and payment services.
2. Blockchain Transaction Processing: The platform processes real-time royalty payments using stablecoins on the Avalanche network, potentially earning transaction fees for each payment processed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Record provides a creative IP infrastructure platform that unifies royalty data for music rights holders and managers. The platform offers modules for dashboard reporting, portfolio management, royalty statements, admin services, and data exploration to help clients track and manage music IP income streams.

Product overview

Record is a unified music catalog and royalty management platform that combines five integrated modules: Dashboard for catalog and royalty snapshots, Portfolio for asset and rights management, Statements for royalty reporting and global payments, Admin Service for AI-automated rights operations, and Explore for custom data exports and analysis. The platform supports artists, labels, managers, publishers, funds, and rightsholders with infrastructure for ownership tracking, royalty reporting, global payments via ACH/wire/stablecoins, and AI-native rights administration.

Differentiator

Problem solved

Functional benefit

Products and services

• Record Dashboard Reporting dashboard module within the Record platform that provides an overview view of royalty and catalog data for music rights holders and managers.
• Record Portfolio Portfolio management module that enables music rights holders to view and manage their creative IP catalog holdings within the Record platform.
• Record Statements Statements module that delivers royalty statement generation and access for music rights holders and managers on the Record platform.
• Record Admin Service Administrative service module of the Record platform that supports catalog administration workflows for music rights holders.
• Record Explore Data exploration module that allows music rights holders to query and explore royalty and catalog data within the Record platform.

Quantifiable outcome

• Replacing delayed quarterly reporting with real-time, continuous artist payouts as streams occur
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• Ava LabsflagshipTechnology or Integration · 18 December 2025Record Financial partnered with Ava Labs to build a blockchain-based royalty payment system on the Avalanche network. The partnership targets the outdated music royalty system built for the physical distribution era, using stablecoins to enable real-time, continuous artist payouts as streams occur. This represents a broader shift toward treating music as a financial asset class and potentially tokenizing creative revenue streams on-chain.
• Avalanche NetworkcoreTechnology or Integration · 20 November 2025Record Financial is developing a blockchain-based platform using the Avalanche network and USDC stablecoins to enable real-time royalty payments for artists. The system aggregates and distributes royalty data using Avalanche's blockchain infrastructure, bypassing traditional industry intermediaries with instant payouts and greater transparency.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• SoundExchange: Designated non-interactive digital performance rights organization in the US collecting and distributing neighboring rights royalties. Comparable to Record's NRR administration service, but operates as a statutory collective rather than a commercial platform.

Direct peers

• Songtrust: Publishing administrator owned by Downtown Music that registers songs with PROs worldwide and collects royalties for independent songwriters. Directly competes with Record's Admin Service for publishing administration customers.
• Kobalt Music Group: Leading music publishing administrator offering royalty collection, accounting, and payments to songwriters and publishers globally. Direct competitor to Record's publishing admin and royalty statement modules, with comparable target customer base of rights holders.
• Audiam: Music rights administration platform (acquired by SOCAN) that collects mechanical and performance royalties for independent songwriters and publishers. Direct competitor in publishing administration and royalty recovery.
• BMAT: Music identification and rights administration technology provider serving PROs, publishers, and DSPs with audio fingerprinting, matching, and royalty distribution infrastructure. Comparable to Record's metadata cleanup and rights matching capabilities.
• Royalty Exchange: Marketplace for buying and selling music royalty streams, offering catalog valuation, due diligence data, and royalty investment infrastructure. Highly comparable to Record's Explore diligence module and broader royalty-finance positioning.

Emerging players

• Pex: Audio content identification and rights tech company that helps rights holders detect usage, manage claims, and recover royalties across digital platforms. Comparable to Record's royalty recovery and metadata surfacing features.
• Beatdapp: Music streaming fraud detection and royalty integrity platform using audio fingerprinting to identify unattributed streams and recover lost revenue. Comparable to Record's claims resolution and royalty recovery use cases.
• Jaxsta: Music credit database and royalty data platform providing verified metadata on songwriters, producers, and performers. Comparable to Record's metadata management and Explore data export capabilities.
• Stem Financial: Music distribution and payments platform offering transparent earnings, royalty splits, and payment processing to artists and labels. Comparable to Record's Statements module with similar global payment rails and royalty transparency focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• Xx.com/recordfinancial
• Facebookfacebook.com/RecordFinancialInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Record