StageSeries C | Alive
Last Raised$20M | 1 yr ago
Stem is a distribution and payments solution that brings clarity to the process of releasing music in today’s industry. Stem’s platform empowers artists and their teams to run their business truly independently by providing music and video distribution, visualized data, dedicated personal account support and simplified revenue splits. With the launch of Scale, Stem now provides artists and indie labels with access to capital.
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Stem's Products & Differentiators
In today's music industry, the independent sector has more market share than the major labels, so in most cases, artists and their management teams are responsible for developing the creative and the strategy but they lack the tools to streamline their operations. Stem Direct offers a solution that provides music and video distribution to over 200 platforms, with visualized data as well as a dedicated personal account to augment any of their partnerships and strategy needs.
Research containing Stem
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Stem in 2 CB Insights research briefs, most recently on Jan 19, 2023.
Expert Collections containing Stem
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Stem is included in 2 Expert Collections, including Fintech.
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Latest Stem News
Jun 22, 2021
Stem & Glory partners with Taste Shakers to launch into retail Vegan restaurant group, Stem & Glory has chosen retail food and drink consultancy, Taste Shakers, to help expand its offer into retail. Taste Shakers aim is to bring Stem & Glory onto supermarket shelves, launching the brand to consumers nationwide and driving extra revenue by capitalising on the growing demand for plant-based meat alternatives. Comprising a team of experts with over 100 years’ experience in retail category management, national account sales and foodservice & retail PR & marketing, Taste Shakers was established in 2020 to launch restaurant brands – both established and new – into the burgeoning retail food market. Louise Palmer-Masterton, Co-Founder, Stem & Glory, commented, “As a vegan, before we launched Stem & Glory I had struggled to find healthy, probiotic food that was both ethically and sustainably sourced. ‘We are now on a mission to bring delicious, gut-friendly, gloriously plant-based food to everyone – not just vegans! Following the popularity of our restaurants and, more recently, our online business, the obvious next step was to move into retail. “We are very excited to be taking this step with Taste Shakers. They really get what we stand for regarding both our commitment to providing outstanding vegan food and drink as well as our passion about being a truly sustainable brand.” David Marston, Co-Founder, Taste Shakers, said, “Unlike hospitality, the grocery sector is booming. Lockdown has generated a 20% uplift in in-home food occasions – a trend that is set to continue in spite of restrictions being lifted. ‘Plant-based, a fast-growing category in retail, has seen 2.9m more shoppers shop the category in the last five years. Stem & Glory are perfectly placed to capitalise on this with the launch of their range of gloriously plant based ready meals, dips and desserts. “Retail, however, is a complex business and to be successful you have to have all bases covered. Our unique combination of skills means that we are perfectly placed to guide operators and find the best solution for their businesses. Crucially, our unrivalled network also means that we can manage the whole process from start to finish – including licensing and manufacturing.” Anita Murray, Co-Founder, Taste Shakers, added, “We are delighted to be working with such an innovative and exciting brand as Stem & Glory. It was only in 2017 that they launched their first entirely vegan restaurant in Cambridge – this has already been voted Best Restaurant in Cambridge at the British Restaurant Awards. ‘Their second restaurant, which opened in 2019 in London, has been recognised as the Best Vegan Restaurant in London at the Design My Night Awards. To top it all, in February 2020 Stem & Glory won Most Investable Concept at the Global Restaurant Investment Forum (GRIF).”
Stem Frequently Asked Questions (FAQ)
When was Stem founded?
Stem was founded in 2015.
Where is Stem's headquarters?
Stem's headquarters is located at 743 N Fairfax Avenue, Los Angeles.
What is Stem's latest funding round?
Stem's latest funding round is Series C.
How much did Stem raise?
Stem raised a total of $42.5M.
Who are the investors of Stem?
Investors of Stem include Slow Ventures, QED Investors, Quality Control, Block, Dimension 6 and 29 more.
Who are Stem's competitors?
Competitors of Stem include Kobalt Music Group and 7 more.
What products does Stem offer?
Stem's products include Stem Direct and 3 more.
Who are Stem's customers?
Customers of Stem include Creators.
Compare Stem to Competitors
DistroKid provides a suite of tools to help customers collect royalties from their music, automatically split earnings among collaborators, publish credits & lyrics online, backup music files, procure cover song licenses, participate in YouTube ContentID, build relationships with fans, and get their music into major online music stores & services worldwide. The company was founded in 2013 and is based in New York, New York.
LANDR is an automated audio mastering service. LANDR's features provide a workflow for creating, commenting and iterating throughout the lifecycle of a song. LANDR masters tracks, DJ sets, live recordings, and demos, and lets artists share them privately and securely with anyone they want - from clients to collaborators to friends. Per LANDR, they offer AI-powered music mastering, distribution, collaboration, promotion and sample packs.
ANote Music is a primary and secondary market for music royalties. Anyone can invest in songs, and purchase those rights that musicians, record labels, and publishers are offering for sale.
Nerve offers banking-as-a-service for creators. The app features instant payments, debit and savings services. The company was founded in 2019 and is based in Austin, Texas.
Nerve is a musician-focused financial app that combines data from streaming revenue sources with the specific business requirements of musicians. It was founded in 2019 and is based in Austin, Texas.
eMinor is a developer of software platforms across a diverse set of industries. It is the creator of ReverbNation and Adwerx, which were acquired and spun-out of the company, respectively. eMinor is also the developer of PlayMetrics, an organization management platform for youth sports. The company was founded in 2006 and is based in Morrisville, North Carolina.
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