Skip to main content
Caplight Logo









Tone

Tone

Private
Los Angeles, CaliforniaEnterprise Softwarehttps://tone.is

Last Round

Strategic

Mar 25, 2025

Total Funding Raised

$6.24M

Company Overview

Tone operates in Enterprise Software and is based in Los Angeles, California. Its latest recorded funding round was a Strategic round in March 2025.

Tone is a software company that provides a royalty management and sales tracking platform for the music industry.

Sector

Enterprise Software

Verticals

Accounting & Expense, Vertical SaaS, Workflow Automation, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

Book a demo

For institutional investors. Book with your work email.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

Book a demo

For institutional investors. Book with your work email.

Tone Comparables

Compare Tone with similar companies based on industry and business-model similarity.

Tone comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Curve Royalty Systems
91%
Qlero AB
84%
Roster
84%
Book a demo to see all comparables

For institutional investors. Book with your work email.

Tone Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicMar 25, 2025
SeedOct 6, 2020
SeedNov 6, 2019
Book a demo to see all funding rounds

For institutional investors. Book with your work email.

Key People

Founding team and executive leadership

Brendan Kao

CEO

Executive Team

Milana Lewis

Chief Executive Officer

Executive Team

Brad Bennett

CTO

Executive Team

For institutional investors. Book with your work email.

Tone Investors

Notable investors and investment history

Tone investors
InvestorRounds
One Way VenturesSeed
IterativeSeed
TIA VenturesSeed
Day One VenturesSeed
Bling CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 25, 2025

    Concord led the strategic round.

  • Sep 28, 2024

    Grew 50% QoQ, from 20 to 30 employees.

Book a demo to see all signals

For institutional investors. Book with your work email.

Tone Filings

Explore SEC and related filing metadata, where available.

Tone filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Book a demo

For institutional investors. Book with your work email.

Frequently Asked Questions

Common questions about Tone's valuation, stock price, and market status.

Is Tone a public or private company?

Tone is a private company.

What is the current stock price of Tone?

Tone is a private company, so its shares have no public market price. Caplight tracks Tone's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Tone worth (valuation)?

Valuation information for Tone is not publicly available.

Can I buy Tone stock?

Tone shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Tone's last funding round?

Tone's most recent funding round was Strategic on March 25, 2025.

Who are the main investors in Tone?

Key investors in Tone include Bling Capital.

Will Tone IPO soon?

No public IPO plans have been announced for Tone.

How can I track Tone secondary market activity?

Caplight tracks bids, offers, and trades in Tone's shares on secondary markets.

Firmographic Details

HeadquartersLos Angeles, California
Employee Range13
Year FoundedN/A
Last FundingMar 25, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Book a demo

For institutional investors. Book with your work email.

See something wrong or outdated?