Stem Disintermedia

Stem Disintermedia

Stem - Payment Distribution for Online Music Creators. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD124—185m (Dealroom.co estimates Apr 2022.)
West Hollywood California (HQ)
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DateInvestorsAmountRound
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N/A

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$4.5m

Seed

$8.0m

Series A
N/A

N/A

Series A

N/A

Convertible
N/A

N/A

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$10.0m

Angel
*

$20.0m

Early VC
*

$250m

Debt
Total FundingAUD65.7m

Recent News about Stem Disintermedia

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Stem.is is a forward-thinking startup that operates in the music industry, providing a suite of tools and services designed to empower artists. The company primarily serves independent musicians and their teams, helping them distribute their music, manage finances, and maintain creative control. Stem.is operates in the digital music distribution market, which includes platforms like Spotify, Apple Music, and other major streaming services.

The business model of Stem.is revolves around a membership-based platform called Stem Direct. Artists and their teams subscribe to this service to gain access to various tools that facilitate music distribution, financial management, and data tracking. The platform ensures that artists receive timely and transparent payments, which are crucial for managing their earnings and collaborations. By automating the payment splits among collaborators and providing a centralized dashboard for tracking data, Stem.is simplifies the often complex financial aspects of the music business.

Stem.is makes money through subscription fees paid by artists and their teams. These fees grant access to the platform's comprehensive suite of tools and services. Additionally, the company may take a small percentage of the revenue generated from music sales and streams, aligning its success with that of the artists it supports.

The company's commitment to social justice is also noteworthy. Stem.is has integrated giving into its product, allowing artists to allocate a percentage of their revenue to charitable causes, such as the NAACP Legal Defense Fund. This feature not only supports important social causes but also resonates with the values of many modern artists and their audiences.

In summary, Stem.is is a music distribution and financial management platform that empowers independent artists by providing them with the tools they need to succeed in the digital music market. The company stands out for its focus on transparency, timely payments, and social responsibility.

Keywords: music distribution, independent artists, financial management, subscription service, digital platform, payment automation, data tracking, social justice, revenue sharing, creative control.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.