Quantizr Raises $5M Seed for AI Tour Finance Platform
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Quantizr has raised a $5 million Seed round led by TTV Capital, an early investor in Bill.com and Greenlight. Three music industry veterans also put money in: Jonathan Azu, founder of Culture Collective, Chris Kappy, founder of Make Wake Artists, and Andy Levine, founder of Sixthman and Topeka.
Touring finances are usually scattered across offers, contracts, budgets, expenses and settlements sitting in different places. Quantizr pulls all of it into a single operating view so artist teams can see profitability while a tour is running, protect margins and decide faster. The AI does the part that normally eats hours of manual reconciliation.
Josh Litwack founded the company. He worked in portfolio and risk analytics at Bloomberg, then served as a director at BlackRock, and before Quantizr he founded Paragon Data Labs, which went from startup to acquisition by Intapp in three years.
The platform has quadrupled its user base and signed large enterprise contracts. Quantizr works from Park City, and its Utah office serves an entertainment customer base spread across the touring circuit.
New capital will expand the financial infrastructure under the platform and bring the product to more artist managers, business managers and other professionals who run tour finances.
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