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Salt - About the company

Salt is a seed company based in London (United Kingdom), founded in 2022 by Tom Aldridge. It operates as a Provider of global music royalty collection services. Salt has raised an undisclosed amount in funding. The company has 48 active competitors, including 9 funded and 6 that have exited. Its top competitors include companies like Audoo, Sound Royalties and MPRS Global.

Company Details

Email ID
*****@saltmusic.io
Registered Address
FIRST FLOOR FLAT,86 ENGLEFIELD ROAD,LONDON,ENGLAND,N1 3LG
Key Metrics
Founded Year
2022
Location
Stage
Seed
Investors
Ranked
Employee Count
6 as on Dec 31, 2024
Investment & Acquisitions
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Salt's funding and investors

Salt has raised funding over 2 rounds. Its first funding round was on Feb 06, 2024. Its latest funding round was a Grant (prize money) round on Sep 12, 2024 for $*****. 1 investor participated in its latest round. Salt has 1 institutional investor and 1 angel investor.

Here is the list of recent funding rounds of Salt:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 12, 2024
4296192
Grant (prize money)
4965404
2840718
3144593
6966703
Feb 06, 2024
2275596
Seed
8623676
2260515
5699041
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Salt's founders and board of directors

Founder? Claim Profile
The founders of Salt is Tom Aldridge.
Here are the details of Salt's key team members:

Salt's employee count trend

Salt has 6 employees as of Dec 24. The total employee count is 100.0% more than what it was in Dec 23. Here is Salt's employee count trend over the years:
Employee count trend for Salt
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Salt's Competitors and alternates

Top competitors of Salt include Audoo, Sound Royalties and MPRS Global. Here is the list of Top 10 competitors of Salt, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Audoo
Audoo
2018, London (United Kingdom), Series A
Limited information available
$31.7M
56/100
2nd
Online royalty investment platform for music
-
47/100
3rd
Logo for MPRS Global
MPRS Global
2021, New York City (United States), Series A
Online platform providing royalty management solutions
$5M
-
40/100
4th
Logo for Song Sleuth
Song Sleuth
2020, Lisbon (Portugal), Acquired
AI-based platform offering solutions for claiming royalties
-
-
38/100
5th
Logo for Utopia Music
Utopia Music
2016, Zug (Switzerland), Seed
Provider of royalty management solutions for artists
-
38/100
6th
Logo for Soundreef
Soundreef
2011, London (United Kingdom), Series A
Online platform providing royalty management solutions
$4.28M
36/100
7th
Logo for Audiam
Audiam
2013, New York City (United States), Acquired
Royalty collection management platform for Artists
$3.51M
34/100
8th
Logo for Thematic
Thematic
2018, Culver City (United States), Seed
Online platform offering copyright-free music
$150K
32/100
9th
Logo for Songtrust
Songtrust
2010, New York City (United States), Unfunded
Provider of music publishing administration services for songwriters and composers
-
-
32/100
10th
Logo for AMRA
AMRA
2014, Coral Gables (United States), Acquired
Online platform offering music licensing and royalty management
-
-
32/100
17th
Logo for Salt
Salt
2022, London (United Kingdom), Seed
Provider of global music royalty collection services
-
29/100
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Salt's Investments and acquisitions

Salt has acquired 2 companies including Session and Session Studio. Salt has not made any investments as of now.

Reports related to Salt

Here is the latest report on Salt's sector:

News related to Salt

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FAQs about Salt

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