Music AI Secures $40M in Series A Funding to Boost Ethical AI Music Innovation
January 22, 2025Founded in 2019, Music AI has evolved from a consumer app to a leader in AI research within the audio industry, particularly with its flagship product, Moises.
Moises, which was named Apple's iPad App of the Year in 2024, has garnered over 50 million users, showcasing its success in the global market.
The platform has seen significant growth, with user numbers rising from 30 million in April 2023 to over 50 million as of January 2025.
This funding round included a $30 million primary and a $10 million secondary round, bringing the company's total funding to $50.2 million across three rounds.
Music AI is recognized for its advanced technologies, including stem separation, chord recognition, and music transcription, which enhance the music creation process.
Music AI recently raised $40 million in Series A funding, led by Connect Ventures and monashees, with participation from notable investors including Samsung Next and music industry figures.
The company is committed to ethical AI solutions, ensuring its products are trained on fully licensed content to fairly compensate creators.
Carlos Castellanos from Samsung Next noted Music AI's focus on on-device AI, which improves performance and privacy for users across various connected platforms.
As of 2023, Music AI is also focusing on generative solutions, including singing voice modeling and assistive music creation, further expanding its innovative offerings.
The company's founders, who have Brazilian roots, highlight the creativity of Latin America within the tech landscape.
CEO Geraldo Ramos emphasized the importance of this funding in demonstrating the impact of their technologies on the creative industry and making music innovation accessible.
Investors like Eric Acher from monashees express enthusiasm about collaborating with Brazilian founders to build a globally influential AI company in the music sector.
Summary based on 7 sources
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Sources
Billboard • Jan 22, 2025
Music AI Raises $40 Million for Its ‘Ethical AI Solutions’Music Business Worldwide • Jan 22, 2025
Music AI raises $40m in Series A round, as its Moises platform hits 50m usersDigital Music News • Jan 22, 2025
Music AI, Creator of Moises, Raises $40M in Series A FundingTech.eu • Jan 22, 2025
Music AI raises $40M in Series A round