Augmetec

Augmetec

Develop their Investigations Command Centre (LEIAA), a platform for streamlining ethics, compliance, and regulatory investigations.

HQ location
London, United Kingdom
Launch date
Employees
Enterprise value
$11—16m
Company register number
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DateInvestorsAmountRound
N/A

€0.0

round
investor

€0.0

round
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£2.0m

Seed
Total Funding000k
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Soundtrap operates as a cloud-based digital audio workstation (DAW), fundamentally changing how music and podcasts are created. The platform provides a comprehensive suite of tools for recording, editing, and music production, accessible directly through a web browser without the need for software installation.

The service is designed to cater to a broad user base, from aspiring musicians to seasoned producers. It features an intuitive studio layout, hundreds of demo templates, and a vast library of loops. Key functionalities include a vocal tuner, drum kits, and a beat maker, positioning it as a versatile tool for music creation.

A core aspect of Soundtrap's business model is its emphasis on collaboration. The platform enables multiple users to work on the same project in real-time, a feature that appeals to bands, production teams, and educational institutions. The business operates on a freemium model, offering a free tier with basic functionalities and a subscription-based premium service that unlocks advanced features. This Software as a Service (SaaS) approach ensures a recurring revenue stream.

Keywords: music production, digital audio workstation, DAW, collaboration, cloud-based, freemium, SaaS, podcast creation, audio editing, beat maker

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