Udio

New York, United States Founded: 2023 • Age: 3 yrs
AI music is generated from text prompts on this platform.
Annual revenue - Latest available
Total funding $10.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Udio

Udio is a company based in New York (United States) founded in 2023 by David Fengning Ding and Yaroslav Ganin. Udio has raised $10 million across 1 funding round from investors including Andreessen Horowitz, Mike Krieger and Oriol Vinyals. Udio operates in a competitive market with competitors including Splash, Aiva Technologies, LifeScore, DAACI and Beatoven.ai, among others.

  • Headquarter New York, United States
  • Founders David Fengning Ding, Yaroslav Ganin
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Spectrum Home Care Solutions Llc
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Seed

    Apr 10, 2024

  • Investors
  • Employee Count
    Not available
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Funding Insights of Udio

Udio has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in April 2024. 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.

Investors in Udio

Udio has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Andreessen Horowitz, Mike Krieger and Oriol Vinyals.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Mike Krieger

Co-founder of Instagram, angel investor, focused on tech and social impact.
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Oriol Vinyals

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Investor details for Udio

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Investments & Acquisitions by Udio

Investments
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Investment portfolio details for Udio

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Financial Statements - Udio

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Detailed financials for Udio

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Udio Comparisons

Udio Primary company
Description
AI music is generated from text prompts on this platform.
Location
New York, United States
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Udio

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Competitors of Udio

Udio 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, Aiva Technologies, LifeScore, DAACI and Beatoven.ai, among others.

Company Name Domain Founded year HQ Location Description
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PC and console musical gameplay is developed with AI instruments.
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AI platform composes soundtracks and songs based on user inputs.
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AI-based software for real-time music creation is provided by LifeScore.
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AI-based solutions for music creation are provided to users.
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Royalty-free AI-generated music is created and licensed for users.
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Mobile and desktop app for vocal recording, processing, and effects tools.
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Detailed competitors of Udio

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Latest news on Udio

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Complete news archive for Udio

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Frequently Asked Questions about Udio

Udio was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Udio is headquartered in New York, United States. It is registered at New York, New York, United States.

David Fengning Ding is the current CEO of Udio. They have also founded this company.

Udio is a funded company, having raised a total of $10M across 1 funding round to date.

Udio was founded in 2023 and is headquartered in New York, United States. The platform operates in the AI-driven music sector, where music tracks in diverse styles are produced through user-submitted text prompts. Realistic audio outputs are enabled for on-demand creation, supporting various genres. Operations focus on accessible music generation tools for individual users and creators.

Udio's top competitors include Splash, Riffusion and Aiva Technologies.

Udio has 4 investors. Key investors include Andreessen Horowitz, Mike Krieger, Oriol Vinyals, and will.i.am.

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