PassPass valued at $15M
PassPass announced a seven-figure seed round at a $15M pre-money valuation, following growth across more than 20 cities.
The platform enables artists to create scavenger hunts tied to releases, tickets, tours, merch drops, and surprise moments, turning physical locations into part of the campaign itself. Artists including BIGXTHAPLUG and Chris Young have already used PassPass.
Since launching last summer, PassPass has grown to 175,000+ users, reached $1M ARR in its first year, and generated more than 1 billion social views across its city-based network.
TikTok + Chordal
Eight months in, the partnership between TikTok and Chordal is netting significant results. With Chordal, rights holders earn sync revenue from brand advertisers on TikTok, and brands get access to exponentially more music to use in their ads.
In the first 9 months, music that was opted in via Chordal generated over 5 Billion total views and 1.4 million organic creates, underscoring the scale of audience discovery unlocked through the platform. Additionally, tracks supported through Chordal promotions performed 200x better on TikTok than comparable non-promoted songs.
LyricFind
LyricFind, a lyric licensing and data solution, has hired Alex Bellissimo as Vice President of Marketing.
Bellissimo joins the team with nearly 15 years of experience at Warner Music Group. Based in Toronto, she will lead LyricFind’s global marketing strategies across both lyric licensing and creative products, driving growth in B2B and B2C markets.
Bandcamp Adds Easy Shipping
Bandcamp has added a shipping label feature powered by EasyPost. Sellers can purchase and print discounted shipping labels directly from the Merch Orders page.
This update is designed for independent artists and labels who manage their own fulfillment and want a simpler, more integrated way to ship orders.
Tuned Global adds Artificial Stream Detection
Tuned Global has just launched a new Service Manipulation Detection (SMD) solution designed to help streaming platforms and rights holders actively detect and exclude artificial streams before they impact reporting and royalties.
Key features:
- Detection across track, artist, user and network levels
- Ability to exclude suspicious plays from royalty calculations
- Structured governance + audit trails (increasingly required in licensing deals)