Business

The 7 Up-and-Coming Music Companies Joining Silicon Alley's Tech Boom

New York City's Flatiron Building
Mario Tama/Getty Images

New York City's Flatiron Building in Downtown Manhattan in 2013.

A pack of young, music-focused companies has joined Spotify, Pandora, Songza and others in Manhattan's Flatiron District, bringing a new beat to the neighborhood.

DUBSET (1)

440 Ninth Ave.
Staff size 6
Move-in date 2013 (company launched in 2009)
Funding raised Undisclosed
Investor Rhapsody
Mission statement Identifies samples and distributes royalties to rights holders

NEXT BIG SOUND (2)

133 W. 19th St.
Staff size 22
Move-in date 2012 (company launched in 2010)
Funding raised $7.5 million
Investors Foundry Group, IA Ventures, TechStars; The Orchard's Brad Navin is on the board of directors
Mission statement Analyzes artists' popularity through listener activity on social media, streaming services and radio

FEATURE.FM (3)

19 W. 21st St.
Staff size 8
Move-in date 2013
Funding raised Undisclosed
Investors Undisclosed
Mission statement A song promotion platform through which artists can place songs as ads within streaming services

PLEDGEMUSIC (4)

134 Fifth Ave.
Staff size 16
Move-in date 2014 (company launched in 2009)
Funding raised Undisclosed
Investors Undisclosed
Mission statement Facilitates direct-to-fan access and participation for artists and labels

SPLICE (5)

36 E. 20th St.
Staff size 8
Move-in date 2013
Funding raised $7.3 million
Investors Scooter Braun, Tiesto, AM Only, William Morris Endeavor, Steve Angello
Mission statement Cloud-based platform through which musicians can collaborate

JUKELY (6)

36 E. 20th St.
Staff size 12
Move-in date 2013
Funding raised $3.3 million
Investors Lyor Cohen, Pandora shareholder Larry Marcus, Alex Zubillaga
Mission statement Concert subscription service through a social app and monthly fee

SEATGEEK (7)

235 Park Ave. South
Staff size 21
Move-in date 2014 (company launched in 2009)
Funding raised $41 million
Investors Nas, Peyton and Eli Manning
Mission statement Scans secondary markets seeking the best time to buy cheap tickets for sports and music events

This article first appeared in the Feb. 28 issue of Billboard.