About AI Music
AI Music is a Media & Entertainment company based in London (United Kingdom) founded in 2016 by Andy Khavand and Inderjit Birdee, and was acquired by Apple in February 2022. AI-based music creation solutions provider. AI Music has raised $7.16 million across 2 funding rounds from investors including Apple. The company was acqui-hired. Its focus areas include Consumer, Music Tech, Music Artist IT and Music Creation. Its legal entity is AI MUSIC LIMITED. Its competitors include Jukedeck, LifeScore and Aiva Technologies; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Founders Andy Khavand, Inderjit Birdee
- Stage Acquired
- SectorsMedia & Entertainment
- Phone•••• ••••
- Website aimusic.co.uk
- Social LinkedIn
- Acquired by Apple (Feb 2022)
- Legal Name Ai Music Limited
- Date of Incorporation 21 Apr, 2017
- Jurisdiction LONDON
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 $7.16M
- Total Rounds 2
- Last Round Seed — $2.18M
- First Round $4.98M
(Mar 2021)
All 2 funding rounds of AI Music with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $2.18M | Seed | – | – | – |
| Mar 2021 | $4.98M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in AI Music
AI Music has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Apple.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Consumer electronics, computers, and software are designed and sold worldwide. | 1976 | apple.com | Cupertino, United States |
Investor details for AI Music
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People of AI Music
2 people are tracked at AI Music (2 in leadership).
| Name | Role | Group |
|---|---|---|
Andy Khavand | Co-Founder | Leadership |
Inderjit Birdee | Co-Founder | Leadership |
Complete people profiles for AI Music
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Timeline of AI Music
4 dated milestones of AI Music across 6 years, from founding to its latest funding, stage changes and deals.
- Founded AI Music is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Seed, of $2.2M.
- Exit Acquired by Apple.
Competitors of AI Music
AI Music has 3 listed competitors in our database, 3 of them funded. They include Jukedeck, LifeScore and Aiva Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jukedeck.com | 2012 | London, United Kingdom | $3.83M | 18 | Royalty-free music is automatedly created for user-specified moods and genres. | |
| lifescoremusic.com | 2016 | Woodbridge, United Kingdom | $14.55M | 4 | AI-based software for real-time music creation is provided by LifeScore. | |
| aiva.ai | 2016 | London, United Kingdom | $2.48M | 9 | AI platform composes soundtracks and songs based on user inputs. |
Detailed competitors of AI Music
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Related news about Ai Music
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Frequently Asked Questions about AI Music
AI Music was founded in 2016 and raised its 1st funding round 5 years after it was founded.
AI Music is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
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 2021.
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.
AI Music's top competitors include Aiva Technologies, Jukedeck and LifeScore.
AI Music has 1 investor. Key investors include Apple.
AI Music operates through Ai Music Limited.
Yes. AI Music was acquired by Apple in February 2022.