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NPREX - About the company

NPREX is a funded company based in Nashville (United States), founded in 2015 by Lee Greer, Neeta Ragoowansi, Brian Brown and Ned Collins. It operates as a Streamlining music licensing with a transparent, direct, and efficient exchange. NPREX has raised an undisclosed amount in funding. The company has 64 active competitors, including 23 funded and 6 that have exited. Its top competitors include companies like Epidemic Sound, Broadcast Music and Songtradr.

Company Details

Streamlining music licensing with a transparent, direct, and efficient exchange. It is a B2B platform that revolutionizes music licensing by connecting copyright owners and music users directly. The platform facilitates licensing of music performance, synchronization, and mechanical rights. Its patented algorithmic bidding system helps determine fair market prices for music licenses, simplifying a traditionally complex process. The Composite License bundles catalogues and multiple rights into a single, standardized license, ensuring comprehensive coverage. This innovative approach transforms music licensing by making it direct, transparent, easy, and inexpensive. It is a tech company that offers a software solution to the music industry, enabling direct transactions and immediate payments for music owners. This creates a more efficient and equitable ecosystem for all stakeholders.
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Email ID
*****@nprex.com
Key Metrics
Founded Year
2015
Location
Nashville, United States
Stage
Funding Raised
Ranked
Employee Count
5 as on Jul 01, 2024
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NPREX's funding and investors

NPREX has raised funding over 1 round.

Here is the list of recent funding rounds of NPREX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 20, 2017
5167321
Conventional Debt
6855757
4363638
9023394
4152239
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NPREX's founders and board of directors

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The founders of NPREX are Lee Greer, Neeta Ragoowansi, Brian Brown and Ned Collins.
Here are the details of NPREX's key team members:

NPREX's employee count trend

NPREX has 5 employees as of Jul 24. Here is NPREX's employee count trend over the years:
Employee count trend for NPREX
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NPREX's Competitors and alternates

Top competitors of NPREX include Epidemic Sound, Broadcast Music and Songtradr. Here is the list of Top 10 competitors of NPREX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Epidemic Sound
Epidemic Sound
2009, Stockholm (Sweden), Series D
Cloud-based music licensing platform
$476M
74/100
2nd
Logo for Broadcast Music
Broadcast Music
1939, Nashville (United States), Acquired
Performing rights organization
-
-
69/100
3rd
Logo for Songtradr
Songtradr
2014, Santa Monica (United States), Series E
Online music and sound licensing platform for commercial usage
$169M
64/100
4th
Logo for Human Native AI
Human Native AI
2024, London (United Kingdom), Acquired
Provider of a data licensing platform connecting data suppliers and AI developer
$3.56M
64/100
5th
Logo for 7digital
7digital
2004, London (United Kingdom), Acquired
Media content provider for streaming platforms
$14.2M
63/100
6th
Logo for ArtList
ArtList
2016, Tel Aviv (Israel), Series C
Provider of AI tools and digital assets for video creation
$48M
60/100
7th
Logo for Musical AI
Musical AI
2023, Los Angeles (United States), Series A
AI-powered music rights management platform
$4.5M
46/100
8th
Logo for MusicInfra
MusicInfra
2023, New York City (United States), Seed
AI-powered recognition and matching systems for creators
-
45/100
9th
Logo for Tracklib
Tracklib
2014, Stockholm (Sweden), Series B
Online marketplace to discover, buy, and license tracks
$23.2M
43/100
10th
Logo for LyricFind
LyricFind
2005, Toronto (Canada), Funding Raised
B2B Lyric Aggregation Service
-
42/100
36th
Logo for NPREX
NPREX
2015, Nashville (United States), Funding Raised
Streamlining music licensing with a transparent, direct, and efficient exchange
-
-
24/100
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NPREX's Investments and acquisitions

NPREX has made no investments or acquisitions yet.

Reports related to NPREX

Here is the latest report on NPREX's sector:

FAQs about NPREX

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