About Melodics
Melodics is a company based in Auckland (New Zealand) founded in 2014 by Paul Shingles.. Melodics has raised $1.2 million across 2 funding rounds from investors including Ableton, 500 Global and Icehouse Ventures. Melodics offers products and services including Melodics App, Drums for iPhone, Keys Lessons, and Pads Lessons. Melodics operates in a competitive market with competitors including Simply, Yousician, Trala, Skoove and Musopia, among others.
- Headquarter Auckland, New Zealand
- Founders Paul Shingles
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Sectors
EducationMedia & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Melodics Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.2 M (USD)
in 2 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Sep 15, 2017
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Investors
Ableton
& 4 more
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Employee Count
Employee Count
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Products & Services of Melodics
Melodics offers a comprehensive portfolio of products and services, including Melodics App, Drums for iPhone, Keys Lessons, and Pads Lessons. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Interactive platform for learning music instruments with feedback.
Mobile tool for practicing and learning electronic drums.
Lessons for mastering MIDI keyboards and melodies.
Interactive training for pad controllers and rhythms.
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Funding Insights of Melodics
Melodics has successfully raised a total of $1.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in September 2017. 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 Funding
- Total Rounds 2
- Last Round Seed — $1.2M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Seed - Melodics | Valuation | Ableton | |
| Aug, 2016 | Amount | Seed - Melodics | Valuation | 500 Global |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Melodics
Melodics has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ableton, 500 Global and Icehouse Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and acceleration are provided to tech startups.
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Venture capital investments are made in New Zealand startups.
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Early-stage technology startups are invested in by K1W1.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Melodics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Melodics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Melodics Comparisons
Competitors of Melodics
Melodics 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 Simply, Yousician, Trala, Skoove and Musopia, 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 |
Creative hobbies are made accessible through interactive learning apps by Simply.
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| domain | founded_year | HQ Location |
Musical instrument learning is facilitated by an app-based platform.
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| domain | founded_year | HQ Location |
Trala is focused on providing violin learning through an innovative app.
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| domain | founded_year | HQ Location |
Piano learning solutions are delivered via mobile and SaaS platforms.
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| domain | founded_year | HQ Location |
Music software for mobile learning apps is developed by Musopia.
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| domain | founded_year | HQ Location |
Self learning of piano music lessons
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Melodics
Frequently Asked Questions about Melodics
When was Melodics founded?
Melodics was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Melodics located?
Melodics is headquartered in Auckland, New Zealand.
Is Melodics a funded company?
Melodics is a funded company, having raised a total of $1.2M across 2 funding rounds to date.
What does Melodics do?
Melodics was founded in 2014 in Auckland, New Zealand, as a music education platform focused on drums, keyboards, pad controllers, and other instruments. Software for virtual pad drumming is provided for Mac and Windows devices, alongside a mobile app for Android and iOS. Lessons incorporate tracks across genres like hip-hop, EDM, techno, and funk. Insights into producers, DJs, and performers are offered. Revenue is generated through subscriptions.
Who are the top competitors of Melodics?
What products or services does Melodics offer?
Melodics offers Melodics App, Drums for iPhone, Keys Lessons, and Pads Lessons.
Who are Melodics's investors?
Melodics has 5 investors. Key investors include Ableton, 500 Global, Icehouse Ventures, K1W1, and Alex Rigopulos.