AI Music

London, United Kingdom Founded: 2016 • Age: 10 yrs Acquired By Apple
AI-based music creation solutions provider
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About AI Music

AI Music is a company based in London (United Kingdom) founded in 2016 by Andy Khavand and Inderjit Birdee was acquired by Apple in February 2022.. AI Music has raised $7.16 million across 2 funding rounds from investors including Apple. AI Music operates in a competitive market with competitors including Splash, Jukedeck, LifeScore, Aiva Technologies and Amper Music, among others.

  • Headquarter London, United Kingdom
  • Founders Andy Khavand, Inderjit Birdee
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ai Music Limited
  • Date of Incorporation 21 Apr, 2017
  • Jurisdiction LONDON
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.16 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.18 M (USD), Seed

    Jan 21, 2022

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Apple

    (Feb 07, 2022)

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Funding Insights of AI Music

AI Music has successfully raised a total of $7.16M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.18 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $2.2M
  • First Round

    (09 Mar 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Seed - AI Music Valuation

investors

Mar, 2021 Amount Seed - AI Music Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AI Music

AI Music has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Apple. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Consumer electronics, computers, and software are designed and sold worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AI Music

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AI Music

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ai Music Comparisons

Employees
+
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Competitors of AI Music

AI Music operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Splash, Jukedeck, LifeScore, Aiva Technologies and Amper Music, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
PC and console musical gameplay is developed with AI instruments.
domain founded_year HQ Location
Royalty-free music is automatedly created for user-specified moods and genres.
domain founded_year HQ Location
AI-based software for real-time music creation is provided by LifeScore.
domain founded_year HQ Location
AI platform composes soundtracks and songs based on user inputs.
domain founded_year HQ Location
AI-generated music is created for videos based on selected emotions.
domain founded_year HQ Location
AI-based solutions for music creation are provided to users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ai Music

Frequently Asked Questions about AI Music

When was AI Music founded?

AI Music was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is AI Music located?

AI Music is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is AI Music a funded company?

AI Music is a funded company, having raised a total of $7.16M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.98M, raised on Mar 09, 2021.

What does AI Music do?

AI Music has developed an AI-based solution for the music industry. The platform enables users to create ads for radio, podcasting, and digital streaming. The AI engine enables the creation of licensed music for various platforms. The platform offers analytical tools, search via genre, BPM, key, mood, energy, and more. The clients of the company include Publicis Group, Spark Foundry, Titos, and more.

Who are the top competitors of AI Music?

AI Music's top competitors include Udio, Splash and Mubert.

Who are AI Music's investors?

AI Music has 1 investor. Key investors include Apple.

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