Musixmatch spa

Musixmatch spa

Provides extensive lyrics database and services

About Musixmatch spa

Simplify's Rating
Why Musixmatch spa is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Software

Entertainment

Company Size

201-500

Company Stage

Seed

Total Funding

$17.7M

Headquarters

London, United Kingdom

Founded

2010

Overview

Musixmatch provides a platform that allows users to access the world's largest collection of song lyrics. Users can find and enjoy lyrics through mobile apps and web services. The service works by offering a comprehensive lyrics database that can be accessed for free or through premium subscriptions, which provide an ad-free experience and additional features like offline access to lyrics. Musixmatch differentiates itself from competitors by not only serving music lovers but also offering business solutions for artists and publishers to manage and monetize their lyrics. Additionally, it provides APIs for developers to integrate lyrics into their own applications. The goal of Musixmatch is to enhance the music experience for users while supporting artists and publishers in reaching a wider audience and generating revenue.

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Significant Headcount Growth
Simplify Jobs

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

$17.7M

Below

Industry Average

Funded Over

5 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

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

Headcount

6 month growth

↑ 7%

1 year growth

↑ 7%

2 year growth

↑ 7%
Digital Music News
Nov 9th, 2024
Latest Music Industry Hires: SongVest, WK Records, Warner Chappell Benelux, iHeartMedia, More

Musixmatch has promoted both Vevo founder Rio Caraeff (previously chief business officer) and Uber vet Marco Paglia (formerly chief product officer) to co-president.

Music Business Worldwide
Mar 25th, 2024
Musixmatch partners with AI company Runway to let artists generate AI-powered lyric videos

The collaboration integrates Runway's generative video models with Musixmatch's music data library.

Podnews
Dec 13th, 2023
Bookmarks for Pocket Casts

Warner Bros Discovery is to partner with Spotify's Megaphone and SPAN for podcast distribution and monetisation.

Feiyr
Sep 14th, 2023
Put your lyrics online with Musixmatch!

Feiyr is pleased to announce its partnership with Musixmatch!

All Access
Mar 1st, 2023
Spreaker Adds Transcription Feature Using Musixmatch Technology

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.

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