About Amper Music
Amper Music is a Media & Entertainment company based in New York (United States) founded in 2014, and was acquired by Shutterstock in November 2020. AI-generated music is created for videos based on selected emotions. Amper Music has raised $9.24 million across 4 funding rounds from investors including Shutterstock, KiwiTech and Techstars. The company was acqui-hired. Its focus areas include Consumer, Music Tech, Music Artist IT and Music Creation. Its competitors include Resonant Cavity, Riffusion and Udio; 2 of its 3 listed competitors have raised funding.
Company details
Amper Music was founded in 2014 in New York, United States, as an artificial intelligence platform focused on music composition technology. Users select desired emotions, after which customized, professional-quality tracks are generated algorithmically and synced to video content. Operations center on enabling automated music production for media applications, serving creators in the digital content sector.
- Headquarters New York, United States
- Stage Acquired
- SectorsMedia & Entertainment
- Email••••••••
- Website ampermusic.com
- Social LinkedIn X
- Acquired by Shutterstock (Nov 2020)
- Total Equity Funding$9.24M (USD)
in 4 rounds
- Latest Funding Round$4M (USD), Seed
Mar 2018
- InvestorsShutterstock
& 7 more
- Acquired byShutterstock
(Nov 2020)
Funding Insights of Amper Music
Amper Music has successfully raised a total of $9.24M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in March 2018. 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 $9.24M
- Total Rounds 4
- Last Round Seed — $4M
- First Round $1.12M
(Aug 2015)
- Investors Count 7
All 4 funding rounds of Amper 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 |
|---|---|---|---|---|---|
| Mar 2018 | $4M | Seed | – | Horizons Ventures | |
| May 2017 | $120,000 | Seed | – | Techstars | – |
| Mar 2017 | $4M | Seed | – | Two Sigma Ventures | |
| Aug 2015 | $1.12M | Seed | – | Brooklyn Bridge Ventures |
8 investors in total: 8 institutional.
Investors in Amper Music
Amper Music has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Shutterstock, KiwiTech and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Horizons Ventures is focused on investing in deep science and technology. | horizonsventures.com | Hong Kong, China | ||
Early-stage investments in tech sectors are managed by the firm. | twosigmaventures.com | New York, United States | ||
Tech focused VC firm investing in early-stage startups in the US | advancitcapital.com | New York, United States | ||
Venture capital is invested in early-stage tech startups. | foundry.vc | Boulder, United States | ||
KiwiTech is recognized as a technology services provider focused on innovation. | 2009 | kiwitech.com | Delhi, India | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Seed-stage VC micro firm investing in the US | brooklynbridge.vc | Brooklyn, United States | ||
Royalty-free images, vectors, video clips, and music are supplied. | 2003 | shutterstock.com | New York, United States |
Investor details for Amper Music
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Amper Music
174 people are tracked at Amper Music (58 in leadership, 6 in board & advisors, 110 in team).
| Name | Role | Group |
|---|---|---|
Sara Birmingham | Chief Human Resources Officer | Leadership |
Yolanda Khuu | Director, Global Payroll | Leadership |
Karolien Similon | Strategic Client Partner Corporate Enterprise | Leadership |
Madeline Fryman | Senior Client Partner | Leadership |
Paul J. Hennessy | Chief Executive Officer | Leadership |
Rik Powell | CFO | Leadership |
Courtney Totten | Cio/ciso & Interim CTO | Leadership |
Sebastien Pierre | Director, Regional HR & Employee Relations | Leadership |
Ana Carolina Guzman | Client Partner -corporate Essentials | Leadership |
Matt Furlong | Chief Marketplace Officer | Leadership |
Courtney Osborne | VP And Head Of Usca/emea Customer Growth | Leadership |
Janna Schuette | Director, Business Development & Product Partnerships | Leadership |
Kim Mullings | Head Of Finance & Operations | Leadership |
Franka B. | Technical Partner Manager | Leadership |
Ava Deng | People Partner | Leadership |
Denise Quaglia | Vice President Customer Service | Leadership |
Sarah Bell | Director, Corporate Growth - EMEA | Leadership |
Sean Vader | Senior Director, HR Business Partner | Leadership |
Lina Pesok | Tax Director | Leadership |
Jessica Thoreson | Director, HRBP And People Strategy & Planning | Leadership |
154 more people are available in the full profile.
Complete people profiles for Amper Music
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Amper Music
4 dated milestones of Amper Music across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Amper Music is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Seed, of $4.0M.
- Exit Acquired by Shutterstock.
Competitors of Amper Music
Amper Music has 3 listed competitors in our database, 2 of them funded. They include Resonant Cavity, Riffusion and Udio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| resonantcavity.com | 2013 | Minneapolis, United States | Mobile and desktop app for vocal recording, processing, and effects tools. | |||
| riffusion.com | 2022 | Menlo Park, United States | $4M | Real-time music generation is enabled by an open-source AI model. | ||
| udio.com | 2023 | New York, United States | $10M | AI music is generated from text prompts on this platform. |
Detailed competitors of Amper Music
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Music Tech
3 companies that operate in the same segment as Amper Music (Music Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | |||
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | 44 | ||
Music creation and collaboration are enabled through an online platform. | 2013 | New York, New York, United States | USD 164.5 M |
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Frequently Asked Questions about Amper Music
Amper Music was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Amper Music is headquartered in New York, United States. It is registered at New York, New York, United States.
Amper Music is a funded company, having raised a total of $9.24M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.12M, raised on Aug 2015.
Amper Music was founded in 2014 in New York, United States, as an artificial intelligence platform focused on music composition technology. Users select desired emotions, after which customized, professional-quality tracks are generated algorithmically and synced to video content. Operations center on enabling automated music production for media applications, serving creators in the digital content sector.
Amper Music's top competitors include Udio, Riffusion and Resonant Cavity.
Amper Music has 8 investors. Key investors include Shutterstock, KiwiTech, Techstars, Horizons Ventures, and Two Sigma Ventures.
Yes. Amper Music was acquired by Shutterstock in November 2020.