Royal - About the company
Royal is a series A company based in Austin (United States), founded in 2021 by Justin Dylan Ross. It operates as an Online marketplace for buying, selling, and owning music rights. Royal has raised $71M in funding from investors like Andreessen Horowitz, Founders Fund and Paradigm. The company has 187 active competitors, including 41 funded and 7 that have exited. Its top competitors include companies like Audius, JKBX and VeVe.
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
Key Metrics
Founded Year
2021
Location
Austin, United States
Stage
Series A
Total Funding
$71M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 187 active competitors
Employee Count
7 as on Aug 31, 2026
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Royal's funding and investors
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 | 3819268 | Series A | 3234306 | 2580471 | 8923949 | 8330161 |
Aug 26, 2021 | 9040606 | Seed | 6387667 | 9528493 | 4131202 |
View details of Royal's funding rounds and investors
Royal's founders and board of directors
Founder? Claim ProfileThe 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 Aug 26. Here is Royal's employee count trend over the years:
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Royal's Competitors and alternates
Top competitors of Royal include Audius, JKBX and VeVe. Here is the list of Top 10 competitors of Royal, ranked by Tracxn score:
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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 | 72/100 | |
2nd | JKBX 2022, Westport (United States), Series B | Music investment platform that democratizes ownership of music royalties using blockchain | $16.1M | 56/100 | |
3rd | Provider of an AR-based solution to visualize digital collectibles | - | 53/100 | ||
4th | Royal 2021, Austin (United States), Series A | Online marketplace for buying, selling, and owning music rights | $71M | 52/100 | |
5th | Rad. 2013, New York City (United States), Acquired | Provider of a live TV channels streaming platform | $10.4M | 50/100 | |
6th | HELLO Labs 2022, Los Angeles (United States), Funding Raised | Web3-based ecosystem offering TV shows, games, and NFTs | - | - | 48/100 |
7th | NFT marketplace platform for the music industry | $4.44M | 48/100 | ||
8th | Muverse 2021, Los Angeles (United States), Seed | NFT-based music store platform | $6M | 46/100 | |
9th | Decent 2021, Los Angeles (United States), Acquired | Online platform to create, buy and sell music NFTs | $4M | 46/100 | |
10th | Dibbs 2020, El Segundo (United States), Acquired | NFT marketplace for fractional trading of sports cards | $15.8M | 44/100 |
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Royal's Investments and acquisitions
Royal has made no investments or acquisitions yet.
Reports related to Royal
Here is the latest report on Royal's sector:
News related to Royal
Media has covered Royal for 1 event in last 1 year.
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Royal Raises $55M To Bring NFTs To Musicians And FansLaw360•Nov 23, 2021•Royal, Paradigm, Founders Fund, Crush Music and 3 others
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