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About Musixmatch spa
Industries
Consumer Software
Entertainment
Company Size
201-500
Company Stage
Early VC
Total Funding
$18.2M
Headquarters
London, United Kingdom
Founded
2010
Overview
Musixmatch provides a platform that offers access to the world's largest collection of song lyrics. Users can find and enjoy lyrics through mobile apps and web services. The service works by allowing users to search for lyrics, while artists and publishers can manage and monetize their content through tools that sync lyrics with music. Musixmatch differentiates itself from competitors by not only catering to music lovers but also providing business solutions for artists and publishers, as well as APIs for developers to integrate lyrics into their applications. The company's goal is to enhance the music experience for users while helping artists and publishers reach a wider audience and generate revenue.
Simplify's Take
What believers are saying
- Increased demand for AI-generated content creates new service opportunities for Musixmatch.
- Strategic investment from TPG provides strong financial backing for technological advancements.
- Partnerships with brands like Gucci enhance brand visibility and open new revenue streams.
What critics are saying
- AI-generated lyrics may reduce demand for traditional lyrics databases.
- Increased competition from other music data companies threatens Musixmatch's market share.
- Strategic investment from TPG may pressure Musixmatch to deliver higher returns.
What makes Musixmatch spa unique
- Musixmatch boasts the world's largest collection of song lyrics.
- The company partners with top music publishers like Universal and Sony ATV.
- Musixmatch offers APIs for developers to integrate lyrics into third-party applications.
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Funding
Total Funding
$18.2M
Below
Industry Average
Funded Over
5 Rounds
Benefits
Beautiful Bologna - We are in the very center of Bologna, a city known for its profound history, amazing Italian local food, and also for being EU Scientific calculation hub.
Flexible Working - We care about a balanced lifestyle so our team performs at their best. You are free to adjust your schedule when needed.
Come Hungry, Get Fueled! - Our kitchen is full of free wholesome food and on Friday we have catered lunch, where the crew comes together to rewind from a hard working week!
Team Spirit - We are a young, talented and fun crew, who love solving problems and working harder, better, faster, stronger. Our team spirit is nothing short of awesome!
Tech Geeks - We love all things technology, that's why we host events focused on AI and ML at our office, where we get our tech groove on.
Sport Sport Sport - From cycling to running, functional training, pilates and yoga - we strongly encourage sports, and yes we also offer sport to our crew members.
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 5%2 year growth
↑ 5%Musixmatch has promoted both Vevo founder Rio Caraeff (previously chief business officer) and Uber vet Marco Paglia (formerly chief product officer) to co-president.
The collaboration integrates Runway's generative video models with Musixmatch's music data library.
Warner Bros Discovery is to partner with Spotify's Megaphone and SPAN for podcast distribution and monetisation.
Feiyr is pleased to announce its partnership with Musixmatch!
iHEARTMEDIA's SPREAKER is partnering with Italian music data company MUSIXMATCH to integrate the latter's audio transcription technology into the SPREAKER podcast publishing platform.
Musixmatch spa is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Musixmatch spa
Industries
Consumer Software
Entertainment
Company Size
201-500
Company Stage
Early VC
Total Funding
$18.2M
Headquarters
London, United Kingdom
Founded
2010
Musixmatch spa is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today