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
- Website
- saltmusic.io
- Email ID
- *****@saltmusic.io
- Registered Address
- FIRST FLOOR FLAT,86 ENGLEFIELD ROAD,LONDON,ENGLAND,N1 3LG
Key Metrics
Founded Year
2022
Location
London, United Kingdom
Stage
Seed
Latest Funding Round
Investors
Ranked
17th among 48 active competitors
Employee Count
6 as on Dec 31, 2024
Legal entities associated with Salt
Salt is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SALT MUSIC LTD CIN: 12245797 , United Kingdom, Active | Oct 06, 2019 | - | 1 (As on Oct 31, 2024) | |
SALT GLOBAL HOLDINGS LIMITED CIN: 14215283 , United Kingdom, Active | Jul 04, 2022 | - | 6 (As on Dec 31, 2024) |
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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 |
View details of Salt's funding rounds and investors
Salt's founders and board of directors
Founder? Claim ProfileThe founders of Salt is Tom Aldridge.
Here are the details of Salt's key team members:
- Tom Aldridge: Founder of Salt.
View details of Salt's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Audoo 2018, London (United Kingdom), Series A | Limited information available | $31.7M | 56/100 | |
2nd | Sound Royalties 2014, United States, Acquired | Online royalty investment platform for music | - | 47/100 | |
3rd | MPRS Global 2021, New York City (United States), Series A | Online platform providing royalty management solutions | $5M | - | 40/100 |
4th | Song Sleuth 2020, Lisbon (Portugal), Acquired | AI-based platform offering solutions for claiming royalties | - | - | 38/100 |
5th | Utopia Music 2016, Zug (Switzerland), Seed | Provider of royalty management solutions for artists | - | 38/100 | |
6th | Soundreef 2011, London (United Kingdom), Series A | Online platform providing royalty management solutions | $4.28M | 36/100 | |
7th | Audiam 2013, New York City (United States), Acquired | Royalty collection management platform for Artists | $3.51M | 34/100 | |
8th | Thematic 2018, Culver City (United States), Seed | Online platform offering copyright-free music | $150K | 32/100 | |
9th | Songtrust 2010, New York City (United States), Unfunded | Provider of music publishing administration services for songwriters and composers | - | - | 32/100 |
10th | AMRA 2014, Coral Gables (United States), Acquired | Online platform offering music licensing and royalty management | - | - | 32/100 |
17th | Salt 2022, London (United Kingdom), Seed | Provider of global music royalty collection services | - | 29/100 |
Looking for more details on Salt's competitors? Click here to see the top ones
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:
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