AI-powered music production platform Soundful raises $3.8 million in funding (Update)

AI-powered music production platform Soundful has raised $3.8 million in an oversubscribed seed round.

TO UPDATE: Investors on the round include what Soundful describes in a press release as “executives from companies like Microsoft, The Walt Disney Company, Universal Music Group, Accenture, Beatport, and Squeak E Clean Studios.”

Soundful claims to “democratize music production” by giving its users access to supposedly music theory-trained algorithms and one of “the largest original sound libraries ever assembled” for making music.

Users can create a new track from scratch using a variety of templates and genres, and all tracks are fully licensed for use in videos, ads, and social media campaigns.

The Create button allows music creators to use Soundful’s machine-learned algorithms to create unique tracks inspired by their chosen genre.

Soundful’s tracks come in a variety of genres, subgenres, and templates, ranging from hip-hop to EDM to pop.

Soundful says elements like tempo and key can also be tweaked for an “even more customized sound.”

All Soundful tracks are available in multiple formats for use in anything from a podcast or streaming video to a new studio recording.

In practice, Soundful says its platform can be used by social media influencers to download previously created tracks or automatically generate their own royalty-free music to “perfectly match their aesthetic without knowing how to produce music.” or navigating the complex music licensing landscape”.

The company adds that aspiring developers “with minimal experience can now sound like a pro” by using the platform to generate ideas or hooks.

“Technology has for many years played a key role in the creative process of the world’s leading artists, nurturing the individual genius of the greatest writers, producers and artists.”

Soundful Founder and CEO Diaa El All said: “Technology has played a key role in the creative process of the world’s leading artists for many years, nurturing the individual genius of the greatest writers, producers and artists.

“While we’ve seen significant disruption in music consumption over the past fifteen years, music creation has remained fundamentally unchanged.

“Soundful shifts that paradigm by giving creators unprecedented access and control over the fundamental building blocks of music creation, enabling unprecedented creativity at previously impossible speed and quality.

“Soundful empowers this and the next generation of artists and creators of all kinds to find new ways forward, break writer’s block, and create studio-quality music regardless of experience and expertise.”

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