# Royal

> Music NFT and fan-investment platform letting artists sell song rights to fans.

## Why it is interesting

Royal, founded by 3LAU, experimented with on-chain fractional song ownership before the 2022–23 NFT downturn — a16z backed the music-web3 thesis early.

## Profile

- **Stage:** series-a
- **Status:** private
- **Industries:** generalist-tech
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series A (Nov 2021): $55M led by a16z with Founders Fund participation (public reporting)
- Co-investors not in VCT directory: Paradigm, Atomico
- Source: https://a16z.com/investment-list/

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/founders-fund

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/royal