Udio Seed (2024)
funding round·funding round·active
seed financing for Udio, announced 2024-04-10.
Recorded facts
| Official site | https://www.musicbusinessworldwide.com/new-ai-powered-instant-music-making-app-udio-raises-10m-launches-with-backing-from-will-i-am-common-unitedmasters-a16z/ ↗ |
|---|---|
| Geography | United States — New York |
| amount | value: 10000000 · currency: USD · qualifier: exact · disclosure state: secondary_reported |
| round type | seed |
| closing date | unknown |
| extension date | unknown |
| grant provider | unknown |
| initial amount | unknown |
| lead investors | Andreessen Horowitz; mike krieger; oriol vinyals |
| source classes | specialist_reporting |
| round structure | unknown |
| converted amount | unknown |
| announcement date | 2024-04-10 |
| transaction state | reported |
| cumulative funding | unresolved |
| strategic investor | unknown |
| funded organization | name: Udio · research key: org-udio |
| post money valuation | unknown |
| participating investors | UnitedMasters; will i am; common; kevin wall; tay keith |
| disclosed use of proceeds | Launch and develop an AI music-creation and editing platform. |
| conflicting reported amounts | unknown |
Current
| lead investor in (by) | Andreessen Horowitz 2024-04-10 — nowSource 1 ↗ REPORTED high confidence |
|---|---|
| participated in (by) | UnitedMasters 2024-04-10 — nowSource 1 ↗ REPORTED high confidence |
| funded organization | Udio 2024-04-10 — nowSource 1 ↗ REPORTED high confidenceSource 2 ↗ REPORTED high confidence |
Sources & changes
Checked 11d ago · highhow verification works
Field-level evidence
Public change history
- Status unknown → active
- Official URL unknown → www.musicbusinessworldwide.com/new-ai-powered-instant-music-making-app-udio-raises-10m-launches-with-backing-from-will-i-am-common-unitedmasters-a16z
- Record maintenance · 12 fields updated
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