beatBread adds sliceNote fractional investing to music funding toolkit

beatBread, a startup that offers artists advances based on past streaming performance and social data, has launched sliceNote, a platform that enables fractional investing in independent musicians and labels.

sliceNote will use beatBread’s proprietary chordCashAI algorithm to guide investors alongside more subjective expertise.

Qualified investors can invest between $1000 and $1 million in each deal, with royalties paid quarterly. Artists or labels seeking funding can sign up with beatBread or via one of its white-label distribution partners.

“sliceNote brings smart capital to the music market, empowering not only independent artists but also highly skilled music executives, independent labels, and music companies who know how to build an artist’s career,” said beatBread CEO Peter Sinclair. “Unlike other music investment platforms that are focused solely on mature catalog buyouts, sliceNote allows investment in artists during the growth phases of their careers.”

Bruce Houghton is the Founder and Editor of Hypebot and MusicThinkTank, a Senior Advisor at Bandsintown, President of the Skyline Artists Agency, and a professor for the Berklee College Of Music.