US music data analytics firm Chartmetric has made its first company acquisition, buying artist marketing tech startup onesheet.
Co-founded by Stevie Elsworth and Mike Miller, UK-based onesheet claims to be able to “pull in data from Spotify & the web to build stunning one sheets in seconds that stay up-to-date”.
Terms of the deal were not disclosed, but Chartmetric says that it will now house one of the latest incarnations in onesheet’s product.
Chartmetric also says that the service will continue to be available at www.onesheet.club, and that its team of industry executives, data scientists, and computer engineers will be working over the next few months to integrate its experience in music data analytics with onesheet’s service.
The onesheet platform lets you search artists on Spotify to create a onesheet, or electronic press kit, which can then be formatted and updated with custom imagery.
Chartmetric explains in the press materials announcing the acquisition that “as the social media and music streaming era began in the mid-2000s, it became very apparent that physical sales stats and traditional charts could no longer handle the amount of audience feedback data increasingly available”.
It added: “Just as well, the artist’s need to market themselves in a modern way evolved, and the electronic press kit, or digital ‘one sheet’ was born.”
Launched in 2016, Chartmetric tracks data across more than 20 streaming and social media platforms, including Instagram, Facebook, Spotify, Pandora, YouTube and TikTok.
The platform tracks the data of more than 8 million artists, 11 million playlists and 70 million tracks.
The company raised a $2 million seed round last year.
Chartmetric Founder and CEO, Sung Cho, told MBW in May that the company’s global client base includes more than 3,000 “distinct companies”, more than 50,000 paying customers, as well as “huge numbers of artists” using the firm’s free tier.
Geographically, according to Sung Cho, 50% of Chartmetric’s client base is based in North America, 30% in Europe and 20% in the rest of the world.
“Building off of onesheet.club’s progress, we’re excited to integrate their creation with Chartmetric in a seamless way.”
Sung Cho, Chartmetric
Chartmetric Founder and CEO, Sung Cho, said: “When I found out about Mike and Stevie’s product, it was clear the amount of thoughtfulness they already baked into the artist marketing tool: up-to-date data, displayed in a stylish and concise way.
“Building off of onesheet.club’s progress, we’re excited to integrate their creation with Chartmetric in a seamless way.”
“We are thrilled to have come from a scrappy prototype built during the pandemic, to handing over the latest iteration of onesheet.club to Chartmetric.”
Stevie Elsworth, Onesheet.club
Onesheet.club Co-Founder Stevie Elsworth, said: “Onesheet.club was born from being a first-hand witness to a common pain-point in the music industry: the amount of time and energy it took to create marketing collateral for artists.
“We are thrilled to have come from a scrappy prototype built during the pandemic, to handing over the latest iteration of onesheet.club to Chartmetric.”
“We’re very excited to see the product evolve and help a wider audience simplify and supercharge their artist marketing.”
Mike Miller, Onesheet.club
Onesheet.club Co-Founder Mike Miller, added: “Chartmetric is best positioned to take it to the next level.
“We’re very excited to see the product evolve and help a wider audience simplify and supercharge their artist marketing.”Music Business Worldwide
