Music AI, the innovative company behind the popular Moises platform, has successfully raised $40 million in a Series A funding round, propelling its mission to revolutionize the music industry with cutting-edge AI technology.
The round was led by Connect Ventures and monashees, with additional support from prominent investors like Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion, along with influential music industry figures such as Freddy Wexler, 3LAU, and Alexander23.
Moises, a platform that has captivated over 50 million users globally, has been recognized for its ability to enhance the creative process for musicians, producers, and content creators of all levels.
In fact, it was honored as Apple’s iPad App of the Year in 2024. From beginners to world-class professionals, Moises provides a multi-platform suite of AI tools that empower users to practice, create, and collaborate in ways previously unimaginable.
The company’s success is a testament to its commitment to not just technological excellence, but ethical AI practices. Michael Blank, Managing Partner at Connect Ventures, emphasized the importance of partnering with AI companies that prioritize creators’ rights:
“We are deeply committed to partnering with ethically led AI companies that appropriately credit and compensate creators for usage of their work,” Blank said.
Music AI’s talent-friendly approach, combined with its groundbreaking technology, has helped position it as the trusted AI platform for the music industry.
The investment in Music AI also signals the company’s continued commitment to innovation.
“Latin America is a hub of creativity, and we are thrilled to partner with Brazilian founders building a global company at the forefront of a new era powered by AI,” said Eric Acher, co-founder and Managing Partner at monashees.
The venture capital firm had previously led Music AI’s seed round, and now they’re doubling down on their support, highlighting the potential for global growth.
In addition to its global reach, Music AI is investing heavily in developing technologies that enable faster, more efficient, and secure music creation.
Carlos Castellanos, an investor at Samsung Next, explained the importance of on-device AI technology:
“Their proprietary models, third-party integration, and on-device AI capabilities ensure reliability, security, and scalability across smartphones, smart TVs, and other connected devices—while elevating the end-user experience with cutting-edge features.”
The company’s offerings include Music Information Retrieval (MIR) solutions such as stem separation, chord recognition, key and beat detection, and music transcription.
Furthermore, in 2023, Music AI expanded its scope to include generative solutions like singing voice modeling and assistive music creation, pushing the boundaries of what’s possible in music production.
At the heart of Music AI’s growth is its dedication to ethical AI practices. By training its models on fully licensed content and ensuring creators are fairly compensated, Music AI is setting a new standard for the industry.
“Securing this Series A funding underscores the real-world impact our technologies have on the creative industry,” said Geraldo Ramos, CEO of Music AI.
“We’re ready to advance our mission of making music innovation accessible to all, and we’re eager to explore new possibilities with a focus on practical applications.”
As Music AI continues to evolve, the future of music creation looks brighter than ever. With a focus on ethical practices, powerful AI tools, and a commitment to empowering creators, Music AI is poised to shape the next generation of music innovation, offering new opportunities for musicians and producers across the globe.
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