Royal
Founded Year
2021Stage
Series A | AliveTotal Raised
$71MLast Raised
$55M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-88 points in the past 30 days
About Royal
Royal focuses on the intersection of music and crypto within the blockchain industry. The company offers a platform that enables individuals to own rights in songs using blockchain technology, allowing artists to maintain control over their work and fans to invest in music. Royal primarily serves the music industry, offering solutions that empower artists and engage fans by providing investment opportunities in music. It was founded in 2021 and is based in Austin, Texas.
Loading...
Loading...
Research containing Royal
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Royal in 4 CB Insights research briefs, most recently on Nov 11, 2022.
Sep 10, 2022
Where Coinbase Ventures is investing
Jul 29, 2022
Where a16z is investing in crypto and blockchain
Expert Collections containing Royal
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Royal is included in 3 Expert Collections, including Blockchain.
Blockchain
12,835 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Wealth Tech
2,284 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech
9,254 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Royal Patents
Royal has filed 138 patents.
The 3 most popular patent topics include:
- electrical connectors
- coaxial connectors
- sensors
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
2/24/2020 | 8/6/2024 | Graphene, Nanomaterials, Carbon forms, Monolayers, Carbon nanotubes | Grant |
Application Date | 2/24/2020 |
|---|---|
Grant Date | 8/6/2024 |
Title | |
Related Topics | Graphene, Nanomaterials, Carbon forms, Monolayers, Carbon nanotubes |
Status | Grant |
Latest Royal News
Sep 16, 2024
News provided by Share this article Share toX NORWALK, Conn., Sept. 16, 2024 /PRNewswire/ -- Heartwood Partners is pleased to announce a growth investment in Royal Products ("Royal" or the "Company") on April 12, 2024, in partnership with the management team who will continue to lead the Company. Royal Products Logo Headquartered in Hauppauge, NY, Royal Products is an industry-leading manufacturer and distributor of premium, branded metalworking performance accessories. For over 75 years, manufacturers have trusted Royal Products to optimize the performance, productivity, and profitability of computer numerical control ("CNC") machine tools. Please visit the Royal Products website at www.royalproducts.com to learn more about the Company's history and product offerings. "We are thrilled to announce our partnership with Heartwood Partners and start the beginning of an exciting new chapter in Royal's growth. Heartwood and our management team are fully committed to preserving the exceptional customer service and distinctive family business values that set Royal apart in our industry. We are confident that Heartwood's commitment to maintaining a strong balance sheet and the resources they provide to support growth will position the Company for continued success," stated Tom Sheridan, CEO of Royal Products. "We are excited to partner with Royal Products and its management team. Royal has developed an incredibly strong foundation over its 75+ year history through its dedication to best-in-class products and exceptional customer service," said Demetrios Dounis, Managing Partner of Heartwood Partners. He further added, "Royal aligns perfectly with our approach of partnering with management teams and our focus on growth through investment in people, processes, and add-on acquisitions. We intend to drive future growth by leveraging the Company's well-established brand and market leadership to expand into new markets, both organically and through strategic add-on acquisitions." Heartwood Partners would like to recognize the investment banking team at Carl Marks Advisors for their efforts in closing this transaction and making this partnership possible. Lincoln International served as financial advisor to Heartwood Partners for the transaction. Heartwood Partners, a middle market private equity firm founded in 1982, is differentiated by a unique lower-leverage, current cash yield approach designed to create partnership with continuing management. Our approach combines a conservative capital structure with strategic execution to support long-term growth, including organic and acquisition-driven expansion into new products, services, and end markets. In addition, we support each management team with our in-house Value Creation Specialists who provide deep, subject-matter expertise in strategic areas such as eCommerce and digital marketing, human capital and organizational design, and IT improvement and acquisition integration. We currently manage over $1.4 billion in investments and commitments, and our principals have invested in more than 100 platform and add-on acquisitions. Heartwood is currently investing from Heartwood Partners IV, LP, and is focused on founder, family and management-held businesses serving the niche manufacturing, specialty chemicals, food, agriculture, packaging, and industrial & consumer services markets. For additional information about Heartwood, please visit www.heartwoodpartners.com . Royal Products is an industry-leading manufacturer of precision metalworking performance accessories. Headquartered in Hauppauge, NY, Royal Products has been trusted by manufacturers since 1946 to help optimize machine tool performance, productivity, and profitability. Royal offers a broad range of premium, branded products across workholding, mist collection, tooling, and automation, and its products are sold through a select network of industrial distributors, machine tool distributors, machine tool builders (OEMs) as well as online on the Company's website. For over 75 years, Royal has strived to maintain a reputation for best-in-class quality, service, and support, and the Company is proud to ship 97% of its orders within the same day. For additional information about Royal Products, please visit www.royalproducts.com . CONTACT:
Royal Frequently Asked Questions (FAQ)
When was Royal founded?
Royal was founded in 2021.
Where is Royal's headquarters?
Royal's headquarters is located at 207 San Jacinto Boulevard, Austin.
What is Royal's latest funding round?
Royal's latest funding round is Series A.
How much did Royal raise?
Royal raised a total of $71M.
Who are the investors of Royal?
Investors of Royal include Paradigm, Kyrre Gorvell-Dahll, Coinbase Ventures, Chainsmokers, Andreessen Horowitz and 6 more.
Who are Royal's competitors?
Competitors of Royal include BandLab and 8 more.
Loading...
Compare Royal to Competitors
ANote Music is a marketplace for music royalty investments, operating within the financial and music industry sectors. The company facilitates the buying and selling of music royalties, allowing investors to earn income from music catalogues and providing a new funding method for artists. It primarily serves individual investors and music creators looking to diversify their portfolios or seek alternative funding. It was founded in 2018 and is based in Luxembourg, Luxembourg.
Larrosa Music Group focuses on advanced technologies and financing within the music industry. The company offers royalty financing, investment in music projects, and the implementation of new technologies such as artificial intelligence and blockchain, as well as disseminating cutting-edge content through various channels and communities. Larrosa Music Group primarily serves the music industry, including artists, record labels, and investors looking for innovative financial solutions and technological advancements. It was founded in 2020 and is based in Tallinn, Estonia.
Sound is a company that specializes in web3-native music and economic tools within the music industry. The company offers a platform for artists to host listening parties, publish songs, sell music NFTs, and manage revenue splits, while also providing features for community governance. Sound primarily caters to the music industry, offering services that help artists maintain sovereignty and leverage decentralization. It was founded in 2021 and is based in San Francisco, California.
Dapper Labs provides a blockchain-based collectibles and non-fungible token (NFT) platform. Its platform uses blockchain-enabled applications to bring its customers closer to the brands. It enables users to access new forms of digital engagement and track Its ownership securely. The company was founded in 2018 and is based in Vancouver, Canada.
StarCrowd is a company that intersects the music industry and investment sector by enabling fans to invest in music artists. The company offers an online platform where fans can make micro-equity investments in artists, allowing them to fund and profit from the success of new music stars. StarCrowd provides a unique model where artists retain ownership of their music and rights, while fans participate in the development and success of these artists. It is based in Long Beach, California.
Brots is a company that operates in the digital music and blockchain technology sectors. The company offers a product called Digital Vinyls, which are a fusion of tangible vinyl records and digital music, backed by unique NFTs to ensure authenticity. These Digital Vinyls can be bought, owned, and resold, providing a new way for music enthusiasts to engage with their favorite artists. It was founded in 2019 and is based in Trento, Italy.
Loading...