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Prism.fm is a music booking software designed for professionals in the live music industry, aiming to streamline and centralize the process of managing concerts and events.
Prism.fm has raised $7.0M across 2 funding rounds.
Prism.fm has raised $7.0M in total across 2 funding rounds.
Prism.fm has raised $7.0M across 2 funding rounds. Most recently, it raised $5.0M Series B in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2023 | $5M Series B | — | ATX Venture Partners, Austin Ventures, Bridge Investments, Silverton Partners, Springdale Ventures, Connor Ryan, JAY Jensen JR., KIP Mcclanahan, Richard Arnesen, Stephen Cook, Advantage Capital | Announced |
| Mar 1, 2019 | $2M Seed | — | ATX Venture Partners, Austin Ventures, Silverton Partners, Springdale Ventures | Announced |
Prism.fm is an all-in-one live music and event management software platform that streamlines booking, financials, calendars, contracts, and data analysis for venues, promoters, talent agencies, and other entertainment professionals.[1][2][5] Founded in Austin, Texas, it replaces error-prone spreadsheets with a centralized, mobile-friendly system, boosting efficiency and enabling focus on delivering live music experiences; it's trusted by over 10,000 venues worldwide, including Hard Rock Hotel & Casino and Goldengate Talent Agency, with reported growth to $3 million in annual recurring revenue post-COVID.[1][3][4] The platform serves the entertainment industry by automating tasks, improving team communication, and providing tools like Prism Insights for shared box office data analysis.[6]
Prism.fm was founded in 2016 in Austin, Texas—"the live music capital of the world"—by music industry professionals, including CEO Matt Ford, who holds a degree from the University of Wisconsin-Madison School of Business and combined self-taught coding with hands-on experience as a concert promoter.[1][2][4][5] The idea emerged from the founders' frustration with chaotic booking processes involving disparate tools and spreadsheets after managing thousands of events; they built the software initially in 2014 as the first-of-its-kind venue management platform to consolidate these workflows.[3][5] Early traction came from industry pros adopting it for its practical solutions, evolving from a promoter tool to a comprehensive platform used globally, with pivotal growth including $15 million in funding and expansion to agencies post-2018 launch.[4][7]
Prism.fm rides the wave of live events tech resurgence post-COVID, capitalizing on the global live music industry's recovery and demand for digital efficiency amid rising ticket sales and complex operations.[4][6] Timing is ideal as venues and promoters face labor shortages and data overload, with market forces like hybrid events and analytics-driven decisions favoring centralized platforms over fragmented tools.[2][5] It influences the ecosystem by standardizing workflows—e.g., shared data via Prism Insights empowers better artist booking and profitability—and setting benchmarks for SaaS in entertainment, much like how Austin's music scene fosters tech innovation.[1][3][6]
Prism.fm is poised for expansion with features like agency platforms and advanced analytics, potentially scaling beyond $3M ARR through international growth and integrations amid booming live music demand.[4][6][7] Trends like AI-enhanced forecasting and real-time collaboration will shape its trajectory, while deeper ecosystem data sharing could solidify its dominance. As the go-to for efficiency in a high-stakes industry, Prism.fm exemplifies how insider-built tech transforms chaos into scalable success, empowering pros to book more and thrive.
Prism.fm has raised $7.0M in total across 2 funding rounds.
Prism.fm's investors include ATX Venture Partners, Austin Ventures, Bridge Investments, Silverton Partners, Springdale Ventures, Connor Ryan, Jay Jensen Jr., Kip McClanahan, Richard Arnesen, Stephen Cook, Advantage Capital.
