Music AI, the creators of the popular music app Moises, announced today a significant $40 million Series A funding round. The investment, led by Connect Ventures and monashees, signals strong investor confidence in the company’s AI-powered music tools. Other investors include Kickstart, Samsung Next, Toba Capital, Valutia, Pelion, and several prominent music industry figures.
This funding follows Moises’ remarkable success. The app, which boasts over 50 million users globally and was named Apple’s iPad App of the Year in 2024, offers a suite of AI tools for musicians of all skill levels – from beginners to seasoned professionals. These tools facilitate practice, creation, and collaboration.
Connect Ventures’ Managing Partner, Michael Blank, highlighted the company’s commitment to ethical AI practices, emphasizing fair compensation for creators. Monashees, which also led the seed round, sees significant potential in Music AI’s future, viewing Latin America as a key source of creative talent. Eric Acher, co-founder and Managing Partner at monashees, expressed excitement about partnering with the Brazilian founders of this globally impactful company.
