Myxt

San Francisco, United States Founded: 2017 • Age: 9 yrs
Online audio creation and collaboration are enabled via SaaS platform.

About Myxt

Myxt is a company based in San Francisco (United States) founded in 2017 by Sheena Pakanati and Chris Wetherell. Myxt has raised $2 million across 1 funding round from investors including Accel and Quiet Capital. Myxt offers products and services including Myxt Platform. Myxt operates in a competitive market with competitors including Splice, BandLab, Soundtrap, Boombox and Vampr, among others.

  • Headquarter San Francisco, United States
  • Founders Sheena Pakanati, Chris Wetherell
  • Sectors
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website myxt.com
  • Social LinkedIn X Instagram YouTube
  • Legal Name Paper Phones Inc.
Operational Areas
Key Metrics
  • Total Equity Funding
    $2M (USD)

    in 1 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Apr 2023

  • Investors
    Accel

    & 1 more

Products & Services of Myxt

Myxt offers a comprehensive portfolio of products and services, including Myxt Platform.

Myxt Platform
Social Platform

Digital service for direct musician-fan interactions via online features and integrations.

Apps and channels of Myxt

its YouTube channel Myxt has 20 subscribers and 1 videos.

Myxt
YouTube 20 subscribers 1 videos Music
Open channel

Videos from Myxt

The most watched videos on Myxt's YouTube channel, Myxt (20 subscribers). Click a video to play it here.

Artists, it's time for something new.
266 views

More on Myxt.

Funding Insights of Myxt

Myxt has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2023. 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 $2M
  • Total Rounds 1
  • Last Round Seed β€” $2M
  • First Round $2M

    (Apr 2023)

  • Investors Count 2

All 1 funding rounds of Myxt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2023$2MSeed–Accel, Quiet Capital
–
Valuation history

2 investors in total: 2 institutional.

Investors in Myxt

Myxt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel and Quiet Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Investments are managed by Quiet Capital in New York.
–quiet.comNew York, United States
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Investor details for Myxt

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  • Round participation
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People of Myxt

2 people are tracked at Myxt (2 in leadership).

NameRoleGroup
Sheena Pakanati
Co-FounderLeadership
Chris Wetherell
Co-FounderLeadership
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Complete people profiles for Myxt

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Timeline of Myxt

2 dated milestones of Myxt across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Myxt is founded.
  2. Funding First funding round of $2.0M.

Competitors of Myxt

Myxt 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 Splice, BandLab, Soundtrap, Boombox and Vampr, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
splice.com2013New York, United States$164.5M181
Music creation and collaboration are enabled through an online platform.
bandlab.com2014Singapore$143M–
A cloud-based platform enables music creation and user collaboration.
soundtrap.com2012Stockholm, Sweden$8.5M–
Music co-creation and sharing platform
boombox.io2021San Francisco, United States$7M–
Cloud-based music collaboration and file management solutions are provided.
vampr.me2015Henderson, United States$1.44M–
Music collaboration is enabled via an app-based platform for users.
hitrecord.org2004Glendale, United States$6.4M32
Online collaborative production company
pibox.com2015Kyiv, Ukraine$1.8M–
Cloud-based music collaboration and sharing platform is offered.
rocketnetwork.com1994San Francisco, United States$34.6M–
Audio professionals are enabled to collaborate online for music production.
beatconnect.com2020Beaconsfield, Canada$3.87M–
Music creation and collaboration are facilitated by a cloud-based platform.
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Detailed competitors of Myxt

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  • Operating metrics
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Web traffic of Myxt

The website of Myxt (myxt.com) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▲ 63% vs previous month

Latest news on Myxt

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Complete news archive for Myxt

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  • Full article archive
  • Source and publication date
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  • Brand-specific news history

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Similar companies to Myxt

10 companies that operate in the same segment as Myxt (Music Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform for on-demand music and radio streaming
2007Paris, FranceUSD 445.42 MUSD 627.4 M566
Music streaming is offered on-demand to global users.
2006Stockholm, SwedenUSD 2.06 BUSD 19.4 B–
Broadcast radio channels are aggregated and streamed through subscriptions.
2002San Francisco, California, United StatesUSD 98.35 M––
Music streaming services are provided online for free.
2007Berlin, Berlin, GermanyUSD 437.81 M––
A ticketing platform for live events is offered by DICE.
2014London, England, United KingdomUSD 238.27 M––
Decentralized audio distribution is enabled for creators via blockchain technology.
2018San Francisco, California, United StatesUSD 16.1 M–44
Music creation and collaboration are enabled through an online platform.
2013New York, New York, United StatesUSD 164.5 M––
Music streaming solutions for businesses are provided.
2014Stockholm, SwedenUSD 54.62 M––
Mobile jukebox app is used for venue customer engagement.
2010Oakland, California, United StatesUSD 6.82 M–80
Music is licensed via a cloud-based platform for professional use.
2009Stockholm, SwedenUSD 476 M––
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Frequently Asked Questions about Myxt

Myxt was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Myxt is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Myxt is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 2023.

Myxt was founded in 2017 in San Francisco, United States, as a SaaS platform in the audio collaboration sector. Audio files are received through inboxes, groups are formed for joint work, and creations are advertised. Drop sites are created for public audio submissions, locations are organized, and AI is used to match recordings to reference tracks, supporting remote collaboration among users.

Myxt's top competitors include Splice, BandLab and Pibox.

Myxt offers Myxt Platform.

Myxt has 2 investors. Key investors include Accel, and Quiet Capital.

Myxt operates through Paper Phones Inc..

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