Audoo Series E(lton) (2023)

funding round·funding round·announced

strategic investment financing for Audoo.

Verified facts

Official site	https://audoo.com/about/our-story ↗
Geography	United Kingdom — London
amount	value: 5000000 · currency: GBP · qualifier: exact · disclosure state: disclosed
round type	strategic_investment
closing date	unknown
extension date	unknown
grant provider	unknown
initial amount	unknown
lead investors	unknown
source classes	company_history
round structure	unknown
converted amount	unknown
announcement date	2023-10-10
transaction state	announced
cumulative funding	value: 22000000 · currency: USD · qualifier: reported · disclosure state: secondary_report
strategic investor	Sir Elton John; David Furnish
funded organization	name: Audoo · research key: org-audoo
post money valuation	unknown
participating investors	Sir Elton John; David Furnish; Björn Ulvaeus; MPL Ventures; Tileyard; Edinv
disclosed use of proceeds	Expand music recognition and royalty-reporting technology internationally.
conflicting reported amounts	value: 5000000 · source: Music Business Worldwide · currency: USD · qualifier: specialist_report; value: 4100000 · source: Tileyard · currency: GBP · qualifier: approximate_conversion_of_$5m