Submix Announces $1M Pre-Seed Round to Enhance Remote Music Collaboration
Submix Holdings Inc (dba. Submix), a trailblazing audio technology company, is excited to announce the closing of a $1 million pre-seed funding round. The investment helps accelerate Submix’s mission to streamline remote collaboration for musicians, producers, and audio pros worldwide, fundamentally changing their access to opportunities and ability to make a living.
Strategic Investment
The funding round attracted participation from strategic backers who share Submix’s vision of modernizing workflow for audio professionals. The round included institutional investors, tech company founders, executives, and Grammy-winning music producers. Investors include Angel Invest Ventures, SCNE, TSIC (Tiny Supercomputer Investment Company), and Vesna Capital.
Modernizing Audio Collaboration
Submix is at the forefront of changing how audio professionals work, bringing the type of modern, collaborative workflow seen in other industries, such as Figma in the design world. Its innovative platform simplifies the collaboration process for audio professionals worldwide, empowering them to seamlessly create, share, and collaborate on audio projects in real-time, regardless of the tools, software, or operating platform they use.
CEO’s Perspective
“Given the tough investment landscape and the rising tensions in the music industry generally, stemming from the combination of generative AI and payouts from streaming services, we see this funding round as a large vote of confidence,“ said Paul Jeszenszky, co-founder and CEO of Submix.
“We have strong early interest from a wide range of customers, including large companies. These include major record labels and publishers, film studios and production companies, gaming studios, and educational institutions.”
Welcoming All Audio Professionals
Submix invites all professionals who work with audio in some capacity to join them on their journey. Submix improves the audio production process and fosters a more connected and collaborative workflow. This investment will accelerate the development of their platform, ensuring it meets the evolving needs of the audio industry.
With the closing of this funding round, Submix is poised to revolutionize the way audio professionals collaborate. By offering a seamless, integrated platform for remote music collaboration, Submix aims to empower musicians, producers, and audio pros to achieve new heights in their careers.