The music-making app market is growing fast.
In January, we told you that music creation platform BandLab had reached the milestone of 60 million registered creators on its service, up from the 50 million milestone that it surpassed in June last year.
Now, another mobile and web-based music app called Moises has reported a significant user figure.
US and Brazil-based Moises, which says it has raised $10.25 million from investors so far, has surpassed the milestone of 30 million registered users on its platform.
The startup has attracted investors in both the US and Latin America, including Monashees, a Brazilian investor, and early-stage American investor Kickstart Fund, with participation from Norwest, Toba Capital, Alumni Ventures, Goodwater, and Valutia.
Founded by Geraldo Ramos, Eddie Hsu, and Jardson Almeida, Moises says that its AI-powered app lets musicians separate their personal tracks into stems (individual voices or instruments), detect chords, shift tempo or pitch “without changing other musical parameters, and master their audio to add extra polish, among other features”.
The company says that these AI tools are “building blocks that complement nearly every phase of the creative process, from practicing to remixing to readying a recorded track for release”.
To create these tools, Moises says that it licenses the stems that train its models.
“It’s part of our mission to honor the rights and needs of music makers, by supporting them financially and creatively,” says Ramos.
In addition to the user number update, Moises claims that it “approach and its remarkable user growth” have “sparked significant B2B interest”.
The company claims further that “because it supports 30 million users,” it is “one of very few companies with the infrastructure to run large AI models that render results quickly”.
Commenting further on its B2B ambitions, the company says that it “aims to become the first creative AI-as-a-service in audio, by crafting a customizable toolkit that allows platforms and services with AI dreams to build their own AI-centered creator product”.
“The future of both AI and music creation point toward symbiosis, not competition.”
Geraldo Ramos, Moises
“The future of both AI and music creation point toward symbiosis, not competition. We see our products as complementary AI that supplements and empowers more people to make more and better music,” said Moises CEO, co-founder Geraldo Ramos.
“We’re thrilled to see more and more people playing around with our tools, generating cool ideas, and perfecting their musicianship.”
He added: “We’re excited that our product is something that both musicians and creators love. What is even more exciting is that we’re seeing complementary AI’s value across all aspects of the music ecosystem, from artists and content owners to service providers.
“We’re thrilled at the opportunity to let everyone in the music community leverage these technologies.”Music Business Worldwide