Legitary

Legitary is an Austrian-based startup with a compelling slogan, "We bring Fairness & Transparency to Music Streaming," indicating its mission to revolutionize the music industry. The company's groundbreaking AI-powered technology, which has been recognized with awards such as the Midemlab Winner, is designed to rapidly analyze billions of music streams across DSPs, GEOs, artists, and tracks. This cutting-edge technology not only identifies royalty anomalies but also leverages historical data to forecast future music catalogue revenues. The company has already made a significant impact, having analyzed over 350 billion streams to date. Its innovative solution is currently employed by labels, auditors, and M&A teams, highlighting its relevance and application within the industry. While specific details about their last investment are not available, Legitary presents a promising opportunity for venture capital firms looking to invest in the Information Technology sector. As an emerging player in the music streaming landscape, Legitary's potential for growth and disruption in the industry makes it a compelling prospect for investment.