Company Performance Metrics
- Philipp Köhn: Co-Founder and CXOPast Role: Visual Asset Management (VAAAM), Co-Founder & CPO
- Michael Eisele: Co-Founder and General Manager
Twelve x Twelve operates as a digital platform focusing on financing solutions tailored to music creators. The company provides a service called TXT Advance, which allows artists to receive upfront funding based on their expected future royalty income. Through an automated evaluation process, musicians can access customized financing offers without
the need for traditional credit assessments. Funds are transferred directly after agreement, and repayment occurs only through future royalty earnings. This structure allows artists to maintain creative momentum while managing financial needs without immediate repayment pressure. Once the initial advance is settled, artists have the option to apply for additional funding. It facilitates a recurring financial tool that aligns with the revenue cycle of the music industry.