Yousician, the interactive music platform, closed $28 million Series B round of funding for future development of its platforms – Yousician and GuitarTuna which are used by 20 million people each month.
Yousician said it will use the funding to develop its product offering to refresh its user journey, make key new hires, and invest in both brand marketing and artist partnerships.
These new funds will also fuel new partnerships with world-class musicians, who are invited into the fold to show the world’s budding artists how to play like a pro, bringing artists even closer to their 20 million users.
“This is a very exciting time for Yousician and aspiring musicians everywhere.”Chris Thür, cofounder and CEO of Yousician
“With this new funding round, and investors that really understand what we are doing and why, we are poised to bring learning and playing music to more people, in more places, than ever before,” Thür said.
“Yousician has been the leading platform for music instruction for nearly a decade, and people – now more than ever – are turning to the pursuit of creativity and music with renewed vigor.”Jon Callaghan, co-founder of True Ventures
Silicon Valley venture firm, True Ventures, is the company’s lead investor. New investors in this round include Amazon’s Alexa Fund and MPL Ventures LLP. Angel investors include Mark Pincus, founder of Zynga; Jason Calacanis, founder of LAUNCH Fund; David Helgason, founder of Unity Technologies; Rolf Schrömgens, co-founder of Trivago; Moaffak Ahmed, founder of Cooler Future, Bryan Meehan, executive chairman of Blue Bottle Coffee Company, and Anne Badan, CEO and Co-Founder of The Shortcut.
Yousician reached a total revenue of $50 million in 2020.