Seed · Media & Entertainment · Tallinn, Estonia · Founded 2020 · 1–10 employees
Fairmus operates a music streaming platform that implements an alternative payout structure to ensure fair compensation for artists. Unlike traditional streaming platforms that pool royalties, the company distributes a user's subscription fees exclusively to the artists they listen to. Royalties on the platform are calculated based on the precise seconds played instead of arbitrary play counts. The company recently completed a seed round of 120,000 EUR in mid-2024. This funding announcement coincided with the acquisition of Distrus, an Estonian digital distribution platform, expanding Fairmus's reach within the music industry.
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