Our portfolio company iGroove just released MUSE, an Artificial Intelligence that calculates the future streaming revenues of musicians releases.
Dennis Hausammann, CEO and Co-Founder of iGroove, explains: “Originally, we developed ‘Muse’ to calculate the the highest possible advances that we can pay out to artists. It was only later that we realized how valuable this information is for the artists in itself. Therefore, we decided to make it freely available to them. Now every musician can see how much money he/she is likely to earn through music streaming in the next few years. This gives the artists more financial security and enables them to make better decisions. I think this is the most revolutionary thing iGroove has created so far”.