Vermillio, a Chicago, Illinois-based AI licensing and protection platform, has raised $16 million in Series A funding.
Investors
The funding round was led by Sony Music Entertainment and DNS Capital.
Sony Music Entertainment (SME) is a global music company and a subsidiary of Sony Corporation. It operates in various sectors of the music industry, including recording, publishing, and distribution. The company invests in several areas related to the music industry.
DNS Capital is an investment office that provides long-term control and minority investments in companies. Established in 2014 and headquartered in Chicago, Illinois, the firm focuses on building long-term relationships with business owners, management teams, and entrepreneurs across various industries.
Vermillio Use of Funds
The company will use the funds to expand operations, enhance its AI licensing and protection technology, and continue building solutions that ensure the secure and ethical use of generative AI.
About the Company
Vermillio is an AI licensing and protection platform focused on safeguarding intellectual property (IP) and name, image, and likeness (NIL) in the era of generative AI. The company provides tools like TraceID™ to track, authenticate, and manage the use of IP in AI-generated content, ensuring that creators receive proper credit, consent, and compensation. Vermillio collaborates with industry leaders like Sony Music, Sony Pictures, and WME (William Morris Endeavor) to protect and monetize creative content.
Funding Details
Company: Vermillio, Inc.
Raised: $16.0M
Round: Series A
Funding Date: March 2025
Lead Investors: Sony Music Entertainment, DNS Capital
Additional Investors:
Company Website: https://vermill.io/
Software Category: AI Licensing and Digital Rights Management
Source: https://www.businesswire.com/news/home/20250228026074/en/