Arpeggi
An online music creation tool leveraging web3 to build the future of open-source music creation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | N/A | $9.2m | Early VC |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Arpeggi Labs operates a web3 music creation platform that facilitates collaboration among musicians. The core of the platform is an in-browser digital audio workstation (DAW) and an on-chain library of sounds with a Creative Commons license. This setup allows musicians to upload their own sounds, which can then be sampled, remixed, and used by other artists in their creations. The use of blockchain technology ensures that original creators are credited and tracks the use of their sounds throughout the creative process.
The company's business model is centered around the minting of musical creations as NFTs on the Ethereum blockchain. This provides a mechanism for artists to establish ownership and potentially monetize their work. Arpeggi serves a market of musicians and producers who are interested in exploring the intersection of music and web3 technologies. By providing a platform for collaborative creation and a transparent system for attribution, Arpeggi aims to foster a more interactive and community-driven music ecosystem.
Keywords: web3, music creation, digital audio workstation, DAW, on-chain, sound library, blockchain, NFT, music collaboration, Ethereum