Tracklib Holdings AB

Tracklib Holdings AB is a music sampling platform that provides users with legal access to a vast catalog of over 100,000 songs, spanning multiple genres from the 1920s to today, simplifying the sampling process for artists and producers. Founded in 2014 in Stockholm, Sweden, Tracklib Holdings AB operates as a platform enabling users to sample music legally. The company has raised a total of USD 4. 5 mn in funding, with the most recent Seed round taking place on June 15, 2020, backed by Sony Ventures and other investors.

Founders Johan Wistrom and Pär Almqvist have not been noted for founding other companies, and Andreas Ahlenius currently serves as CEO. Tracklib has completed five deals since its inception. Tracklib offers a comprehensive platform for music sampling, granting access to over 100,000 songs across various genres and decades. Users can sample iconic tracks, explore obscure records, and utilize an extensive library of loops and sound effects while ensuring legal compliance.

By collaborating with over 500 labels and rightsholders, Tracklib continuously expands its catalog, which includes multitracks and acapellas, catering to music producers, DJs, and artists from diverse global markets such as the USA, South Africa, Brazil, Japan, Italy, and India. In 2023, Tracklib reported a revenue of USD 3,570,026 with an EBITDA loss of USD 4,213,535. The company generates revenue through subscription plans, allowing users access to its sampling services, with introductory plans starting at USD 0. 99 for the first month and transitioning to monthly fees of USD 14.

99 or USD 19. 99 depending on the options selected. Tracklib aims to expand its offerings by developing new products designed to enhance user experience by the end of 2024. The company also plans to penetrate new markets, specifically targeting regions in Europe and Asia, leveraging its latest Seed funding of USD 4.

5 mn to support these initiatives and streamline operations.