MPAG

MPAG

Mapiacompany is a global digital music business operating 3 revenue-reoccuring platforms:MyMusicSheet, Mapianist and Kokomu.

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DateInvestorsAmountRound
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Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202020222023
Revenues000000000000
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about MPAG
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MPAG, operating under the name Mapiacompany Inc., is a South Korean enterprise focused on the intersection of music, technology, and marketing. Founded in 2015 by In Seo Chung, Sang Min Heo, and Jang Won Lee, the company originated from the trio's shared vision to create an online piano community. The founders, who started the venture after one dropped out of high school, were recognized for their early success by being named to the Forbes 30 Under 30 Asia list in 2018.

The core of MPAG's business is the monetization of digital sheet music and the global distribution of music-related content. It operates a portfolio of three distinct online marketplace platforms that connect music content creators with a global audience of musicians, students, and enthusiasts. The business model is centered on providing a transactional platform where artists can sell their sheet music arrangements, lesson videos, and other music content. Revenue is generated by taking a commission on these sales. For content creators, the platforms offer a significant profit share, flexible payment schedules, and promotional tools to enhance visibility.

The company manages three primary platforms: MyMusicSheet, Mapianist, and Kokomu. MyMusicSheet serves a global user base in over 230 countries, offering a vast catalog of over 100,000 items and supporting numerous local payment methods. It is a marketplace for sheet music covering all instruments and genres, where creators can upload and sell their arrangements. Mapianist functions as a community-driven platform specifically for piano enthusiasts, providing resources like sheet music, videos, and lessons. Kokomu, targeting the Japanese market, allows users to instantly download and print high-quality sheet music without requiring a membership, focusing on accessibility and convenience.

Keywords: sheet music, music monetization, digital content, online marketplace, content creators, piano community, global distribution, music technology, copyright management, digital downloads

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