AI-Powered Royalty Tracker Claimy Announces $1.75 Million Raise
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4 Articles
AI-Powered Royalty Tracker Claimy Announces $1.75 Million Raise
(l to r) Claimy co-founders Pierre-Alban Mulliez, Guillaume de Lavenère, and Gustave Larrouturou. Photo Credit: Claimy AI-powered “music rights intelligence platform” Claimy has announced a more than $1.75 million raise and set its sights on making “black box” royalties an issue of the past. Founded in 2023 and headquartered in Paris, Claimy announced the €1.5 million tranche today. Per the self-described “first AI-powered rights administration …
Every year, almost a third of musical rights disappear without ever reaching their creators. It is about 15 billion euros of royalties that are lost in the complexity of metadata, the errors of correspondence and the fragmentation of national systems of collective management. It is this imbalance that the young French push Claimy uses to use to prevent the loss of rights: CLAIMY raises 1.5 million euros to track the missing royalties appeared fi…
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