Total Funding
67
72
Total FundingPre-Seed raised
Growth Score 67 in past quarter
-3 pts
Heat Score 72 in past quarter
0 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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75074
Sonomo gives retail investors access to digital streaming royalties previously available only to institutional funds.
Faris Zaher: Chief Executive OfficerPast Role: Yamsafer, Co-Founder & CEO
Sameh Alfar: Chief Technology OfficerPast Role: Yamsafer, Co-Founder & CTO
About the Company
Sonomo gives retail investors access to digital streaming royalties previously available only to institutional funds. Every month, Sonomo collects and deposits revenue from 120+ streaming services (such as Spotify and Apple Music) into their account. Sonomo merely facilitates the exchange of shares and handles all subsequent payout distributions.
Today, artists may require funds to invest in new releases. Instead of waiting years for money from older releases, Sonomo allows them to get cash up front by selling a portion of future revenues.