Yousician 28M Series True Ventures: Revolutionizing Music Education
Yousician, the Helsinki-based music education technology company, has recently raised $28 million in Series B funding led by True Ventures. The funding round also saw participation from existing investors such as Amazon Alexa Fund, as well as new investors, such as MPL Ventures, Ocas Ventures, and Social Starts. Yousician has now raised a total of $35 million in funding to date. In this article, we will explore the significance of this funding round and how Yousician is revolutionizing music education yousician 28m series true venturestechcrunch.
Yousician was founded in 2010 by Chris Thür and Mikko Kaipainen, with a mission to make music education fun, accessible, and affordable for everyone. Yousician’s flagship product is a music education app that uses gamification to teach users how to play guitar, piano, bass, or ukulele. The app is available on iOS, Android, Windows, and Mac, and has been downloaded over 20 million times. Yousician’s other products include Yousician for Guitar, Yousician for Piano, Yousician for Bass, and Yousician for Ukulele.
The Significance of the Funding Round
The $28 million Series B funding round led by True Ventures is a significant milestone for Yousician. It will allow Yousician to accelerate its growth and expand its product offerings. Yousician’s CEO, Chris Thür, said in a press release, “This funding round is a testament to the hard work and dedication of our team, and we are excited to use these resources to continue our mission of making music education accessible to everyone.”
The participation of existing investors such as Amazon Alexa Fund is a vote of confidence in Yousician’s business model and growth potential. Amazon Alexa Fund had previously invested in Yousician in 2017, and Yousician’s app is now compatible with Amazon’s voice assistant, Alexa. The participation of new investors, such as MPL Ventures, Ocas Ventures, and Social Starts, is also significant, as it indicates that Yousician has the potential to disrupt the music education industry.
Revolutionizing Music Education
Yousician’s app uses gamification to teach users how to play an instrument. The app tracks the user’s progress, provides instant feedback, and adapts to the user’s skill level. The app also includes a library of songs that users can learn to play, from popular hits to classical music. Yousician’s app has been praised for its engaging and effective approach to music education.
Yousician is not the only company using technology to revolutionize music education. Other companies, such as Playground Sessions and Simply Piano, also offer music education apps. However, Yousician’s app stands out for its gamification approach and its focus on multiple instruments.
Yousician’s app is also affordable compared to traditional music lessons. A Yousician subscription costs $19.99 per month, or $9.99 per month for an annual subscription. Traditional music lessons can cost upwards of $50 per hour, making them inaccessible to many people.
Yousician’s app is also accessible to people of all ages and skill levels. The app is designed to be easy to use, even for beginners, and it includes features such as slow-motion video tutorials and chord diagrams. The app also allows users to learn at their own pace and on their own schedule, making it convenient for busy people.
Yousician’s app has the potential to democratize music education by making it accessible and affordable to everyone. By using technology to make music education fun and engaging, Yousician is helping to inspire a new generation of musicians.
Conclusion
Yousician’s $28 million Series B funding round led by True Ventures is a significant milestone for the company, and it will allow Yousician to expand its product offerings and accelerate its growth. Yousician’s gamification approach to music education is effective, affordable, and accessible to people of all ages and skill levels. With this funding, yousician 28m series true venturestechcrunch has the potential to revolutionize music education and inspire more people to learn to play an instrument.