Music AI, a Salt Lake City, UT-based AI-driven music and audio technology company, has raised $40 million in Series A funding.
Investors
The round was led by Connect Ventures and Brazilian investor monashees. Other investors include Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion, along with industry figures Steve Aoki, Freddy Wexler, 3LAU, and Alexander23.
Connect Ventures is a venture capital firm that invests in early-stage businesses, focusing on pre-seed and seed-stage technology companies. It is a partnership between the Creative Artists Agency (CAA) and NEA.
Founded in 2005, monashees is a venture capital firm based in São Paulo, Brazil, that invests in entrepreneurs committed to creating innovative solutions for a new world, with a focus on South America and Mexico.
Music AI Use of Funds
The funding will accelerate the growth of Moises, Music AI’s flagship platform.
About Music AI
Founded in 2019 by Geraldo Ramos, Eddie Hsu, and Jardson Almeida, Music AI develops cutting-edge AI solutions for musicians, producers, and content creators, including stem separation, chord recognition, beat detection, music transcription, and generative AI. Operates globally, with a team across the USA, Brazil, and Europe, it serves 50M+ users via its B2B platform (Music.ai) and B2C platform (Moises.ai).
Funding Details
Company: Music AI
Raised: $40.0M
Round: Series A
Funding Date: January 2025
Lead Investors: Connect Ventures, monashees
Additional Investors: Kickstart, Samsung Next, Toba Capital, Valutia, Pelion, Steve Aoki, Freddy Wexler, 3LAU, Alexander23
Company Website: https://music.ai/
Software Category: AI Audio and Music Solutions
Source: https://musicai.rockpaperscissors.biz/dispatch/pu/