Amuseio AB

Amuseio AB is an innovative music distribution platform empowering artists to release unlimited music globally while maintaining control over their royalties. Founded in 2015 by Arthur Lener, Heinrich Karageorgou, Jimmy Brodd, Kristina Ejsing, and Wande Kizigha, Amuseio AB operates from its headquarters in Stockholm, Sweden. The company focuses on digital music distribution, providing a platform for artists to release their music without the constraints of traditional labels. In May 2018, Amuse raised USD 15.

5 mn in a Series A funding round led by Lakestar and The Raine Group, bringing its total amount raised to USD 15. 5 mn through two investment deals. Amuse offers a comprehensive digital music distribution platform that enables artists and labels to release unlimited music from a subscription starting at USD 23. 99 per year.

Key features include access to major streaming services, social media platforms, real-time data insights, royalty management, and support services, catering to independent musicians and labels across North America, Europe, and Asia. In 2022, Amuse generated revenue of USD 42. 58 mn, with an EBITDA of USD -2. 29 mn, primarily deriving income from subscription fees for its music distribution services.

Clients pay an annual fee to release unlimited music while retaining 100% of their royalties, positioning Amuse as a direct-to-consumer service provider. Amuse plans to utilize the funds from its recent Series A funding round to enhance its platform and expand its services. The company is focused on developing new features for its distribution tools and is exploring expansion into additional markets in Asia and South America by the end of 2023. This strategic approach aims to reach a broader audience of independent artists and enhance their offerings in these regions.