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Royal
AddedFeb 15, 2024
UpdatedJun 18, 2026
Royal

Royal

Series A

US-based Royal.io, co-founded by JD Ross and DJ 3LAU, sells limited music rights as digital assets.

HQ
Austin, TX, US
Founded
2021
Overview
Compare
Fundraising
Employees
News
Website

Royal, founded in May 2021 by Opendoor co-founder JD Ross and DJ/producer Justin "3LAU" Blau, is a US-based platform headquartered in Austin, Texas. The company's core mission is to democratize music ownership by allowing fans to purchase limited digital assets representing music rights. This innovative approach aims to create a more equitable music industry by providing artists with new revenue streams and fans with a stake in their favorite music. Royal focuses on leveraging blockchain technology to facilitate these transactions, targeting both music enthusiasts and investors.

Notable figures affiliated with Royal include co-founders JD Ross and Justin "3LAU" Blau, who bring significant expertise from the tech and music industries. The company has attracted attention for its pioneering model and has secured investments from prominent venture capitalists and industry leaders. Key achievements include successful pilot projects and partnerships with high-profile artists, which have demonstrated the viability and appeal of their platform. Overall, Royal is making a significant impact by reshaping how music rights are bought, sold, and valued in the digital age.

Royal - Quick Facts

When was Royal founded?

Royal was founded in 2021.

Where is Royal's headquarters located?

Royal's headquarters is located in Austin, TX, US.

When was Royal's last funding round?

Royal's most recent funding round was for $55M (USD) in November 2021.

How much has Royal raised to-date?

As of Nov 22, 2021, Royal has raised a total of $71M (USD).

How many employees does Royal have?

Royal has 30 employees as of Feb 4, 2024.

Royal - Classification

Ownership
  • Venture Capital
Technology
  • Blockchain
Geographic Exposure
  • United States
Model
  • Marketplace
  • Platform
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Digital Assets
  • Music Rights
Tags
  • Crypto
  • Web3
NAICS
  • 510000Information
  • 512000Motion Picture and Sound Recording Industries
  • 512200Sound Recording Industries
  • 512250Record Production and Distribution
SIC
  • 7900Amusement And Recreation Services
  • 7920Theatrical Producers (except Motion Picture), Bands, Orchestras
  • 7929Bands, Orchestras, Actors, And Other Entertainers And Entertainment
Show 8 more industry codes
NAICS
  • 513200Software Publishers
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7310Advertising
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7313Radio, Television, And Publishers' Advertising Representatives
  • 7372Prepackaged Software