CincyTech
CincyTech is a Cincinnati-based organization that identifies and nurtures early-stage health, technology, and life sciences startups in Southwest Ohio. It provides strategic guidance, capital, and operational support to entrepreneurs and researchers seeking to commercialize technology, and connects them with regional investors and institutions. By supporting university and hospital research commercialization and catalyzing local investment, CincyTech helps turn innovative ideas into growth companies. The organization collaborates with major regional partners such as Cincinnati Children’s Hospital Medical Center, the University of Cincinnati, and the Cincinnati USA Regional Chamber, and leverages a broad network of funders to back seed-stage ventures across information technology, healthcare, software, and other tech sectors in Ohio and the Midwest.
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Past deals in DRM
Soundstr
Series B in 2016
Soundstr is a music technology company focused on enhancing transparency in real-world music usage to create a more sustainable music industry. By modernizing the performing rights sector, Soundstr addresses the inefficiencies of traditional licensing processes used by performing rights organizations, which often charge blanket fees for extensive catalogs that businesses cannot fully utilize. The company has developed a patent-pending technology that enables businesses to accurately identify all music they use and negotiate per-use licensing fees, ensuring fair compensation for songwriters when their music is performed or broadcast in commercial settings. Additionally, Soundstr's platform incorporates advertising features that allow businesses to generate revenue through radio-style ads, while its beacon technology connects advertisers directly with consumers. By increasing the flow of revenue within the music ecosystem, Soundstr aims to benefit both songwriters and businesses alike. Founded by musicians, the company is committed to fostering transparency and fairness in the music industry.
Soundstr
Convertible Note in 2016
Soundstr is a music technology company focused on enhancing transparency in real-world music usage to create a more sustainable music industry. By modernizing the performing rights sector, Soundstr addresses the inefficiencies of traditional licensing processes used by performing rights organizations, which often charge blanket fees for extensive catalogs that businesses cannot fully utilize. The company has developed a patent-pending technology that enables businesses to accurately identify all music they use and negotiate per-use licensing fees, ensuring fair compensation for songwriters when their music is performed or broadcast in commercial settings. Additionally, Soundstr's platform incorporates advertising features that allow businesses to generate revenue through radio-style ads, while its beacon technology connects advertisers directly with consumers. By increasing the flow of revenue within the music ecosystem, Soundstr aims to benefit both songwriters and businesses alike. Founded by musicians, the company is committed to fostering transparency and fairness in the music industry.
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