When was Royal founded?

Royal was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Royal located?

Royal is headquartered in Austin, United States.

How many employees does Royal have?

As of Jun 30, 2026, the latest employee count at Royal is 7.

Is Royal a funded company?

Royal is a funded company, having raised a total of $71M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 26, 2021.

When was the latest funding round of Royal?

Royal's latest funding was a $***** Series A round on Nov 22, 2021, with participation from 15 investors.

Where does Royal rank among its competitors?

Royal ranks 11th amongst 168 active competitors, of which 38 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was JKBX, which secured $16.1M in Jun, 2023.

Who are the top competitors of Royal?

Royal's top competitors include Audius, JKBX and Serenade. Among them, JKBX secured the most recent funding round in June, 2023.

Royal - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online marketplace for buying, selling, and owning music rights. It is a blockchain-based platform that enables ownership and trading of music rights as digital assets. The platform allows fans to purchase and co-own rights in music, providing a new way for artists and investors to monetize their music.

Website: royal.io
Social

Key Metrics

Founded Year

2021

Location

Austin, United States

Stage

Series A

Total Funding

$71M in 2 rounds

Latest Funding Round

Series A, Nov 22, 2021, $*****

Investors

Andreessen Horowitz & 17 more

Ranked

11^th among 168 active competitors

Employee Count

7 as on Jun 30, 2026

Similar Companies

Audius & 250 more

View Royal's full profile

Royal has raised a total funding of $71M over 2 rounds. Its first funding round was on Aug 26, 2021. Its latest funding round was a Series A round on Nov 22, 2021 for $*****. 15 investors participated in its latest round. Royal has 11 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Royal:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 22, 2021	7504219	Series A	5812951	5973134	4105695	3558950
Aug 26, 2021	4763594	Seed	7184613	3207237	Founders Fund & 1 more	6210744

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View details of Royal's funding rounds and investors

The founders of Royal is Justin Dylan Ross.

Here are the details of Royal's key team members:

Justin Dylan Ross: Co-Founder of Royal and founder of 1 other company.
Contact Info: 2 email addresses

View details of Royal's Founder profiles and Board Members

Royal's employee count trend

Royal has 7 employees as of Jun 26. Here is Royal's employee count trend over the years:

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Top competitors of Royal include Audius, JKBX and Serenade. Here is the list of Top 10 competitors of Royal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Audius 2018, San Francisco (United States), Series A	Decentralized Music Streaming Platform	$16.1M	Blockchange, Binance Labs & 35 others	73/100
2nd	JKBX 2022, Westport (United States), Series B	Music investment platform that democratizes ownership of music royalties using blockchain	$16.1M	Valor Equity Partners, Bonnier Capital & 4 others	56/100
3rd	Serenade 2013, Sydney (Australia), Acquired	NFT marketplace platform for the music industry	$4.44M	OIF Ventures & 1 others	48/100
4th	Muverse 2021, Los Angeles (United States), Seed	NFT-based music store platform	$6M	AvatarDAO, Zonff Partners & 2 others	46/100
5th	Decent 2021, Los Angeles (United States), Acquired	Online platform to create, buy and sell music NFTs	$4M	Y Combinator, Circle & 9 others	45/100
6th	Dibbs 2020, El Segundo (United States), Acquired	NFT marketplace for fractional trading of sports cards	$15.8M	Amazon, Foundry & 11 others	44/100
7th	STAYGE One 2018, Seoul (South Korea), Unfunded	Blockchain-based platform for artists	-	-	44/100
8th	OneOf 2021, Florida (United States), Seed	Blockchain-based platform for fan communities	$72M	Nima Capital, Galaxy & 19 others	43/100
9th	SIKI 2021, Los Angeles (United States), Funding Raised	NFT music streaming, social connect, and NFT marketplace platform	-	-	42/100
10th	LABEL 2020, Seoul (South Korea), Seed	Blockchain-based music store platform	-	Mindfulness Capital, DWF Labs & 2 others	42/100
11th	Royal 2021, Austin (United States), Series A	Online marketplace for buying, selling, and owning music rights	$71M	Founders Fund, Connect Ventures & 16 others	40/100