High growth for RouteNote

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RouteNote’s Liam Colclough (left) and CEO Steve Finch

A global music distribution company in Truro that achieved 75% revenue growth and doubled its staff numbers during the pandemic has been recognised with two Tech South West awards.

RouteNote, based at Newham, won Tech Company of the Year (revenue over £5 million) category in the awards, which shine a spotlight on the region’s fast growing tech sector.

The company also won the Cornwall Cluster award, in recognition of its growth within the local tech cluster area.

Founded in 2007, RouteNote supports music artists to distribute their work digitally to more than 50 platforms worldwide, including Spotify, Apple Music, Amazon and Deezer.

During the pandemic, its customer base grew by more than 50% across 193 countries worldwide. In April 2021, the company opened an office in South Korea to meet growing demand for its services.

CEO Steve Finch said: “It’s amazing to be recognised by Tech South West and to win Tech Company of the Year.

“In what was a really tough year for so many businesses, RouteNote has thrived. We’ve been able to double our team, many of whom started working for us remotely and now we’re welcoming them to our base in Truro.

“In particular, I’m really proud of the culture of support we’re developing at RouteNote.  We have invested heavily into making sure our customers are happy, plus delivering more products and services to support them to collect more royalities from their music. We’re looking forward to more growth over the coming years.”

RouteNote’s staff grew from 45 people during the year ending March 2020 to 80 by March 2021.

To support this growth, the company has developed a package of employee benefits such Mental Health First Aid training, enhanced paternity and maternity leave and access to free counselling.