Music AI Secures $40M in Series A Funding to Boost Ethical AI Music Innovation
January 22, 2025Notable participants in this funding round included Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion, along with prominent music industry figures such as Freddy Wexler, 3LAU, and Alexander23.
Music AI has successfully raised $40 million in Series A funding, co-led by Connect Ventures and monashees, with additional backing from various investors.
The company’s flagship product, Moises, has seen remarkable growth, boasting over 50 million registered users as of January 2025, up from 30 million in April 2023.
This commitment to ethical practices was echoed by Connect Ventures, which emphasized the importance of partnering with companies that respect and compensate creators.
The company plans to launch new products in Q1 2025, including generative stems for music co-creation and real-time stem separation capabilities.
As of 2023, Music AI is also focusing on generative solutions, such as singing voice modeling and assistive music creation, to further enhance its platform.
Connect Ventures, which co-led this funding round, is an investment partnership that includes Creative Artists Agency (CAA), NEA, and Brazilian investor monashees, and previously led the Seed round.
Music AI is committed to ethical AI solutions, distancing itself from legal controversies faced by other AI firms, and ensuring that its products are trained on fully licensed content.
Moises was also recognized as Apple's 'iPad App of the Year' in 2024, underscoring its popularity and impact in the audio technology space.
In addition to its recent funding, Music AI has formed collaborations with Audible Magic and SourceAudio to enhance its technology offerings for the film and TV industries.
Founded by Geraldo Ramos, Eddie Hsu, and Jardson Almeida, Music AI employs over 90 people across the U.S., Brazil, and Europe, highlighting its international presence.
CEO Geraldo Ramos stated that the funding will help advance the company's mission to make music innovation accessible and explore new applications in the creative industry.
Summary based on 6 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