A San Francisco startup developing software for musicians and production companies has more than doubled its total funding with a new round.
Audioshake announced on Wednesday that it raised $2.7 million in a new seed round, building on its previous seed round from 2021, bringing its total funding to more than $5 million. Its investors include Indicator Ventures, Black Squirrel Partners, Q Prime, Black Angel Group, Crush Ventures, peermusic and S-Curve Records, as well as individuals including Steve Greenberg, Eric Wasserman and Paul Donahue.
CEO Jessica Powell and CTO Luke Miner co-founded Audioshake in 2020 to reimagine music mixing for a range of applications from karaoke to indie music production to spatial audio.
Their software allows musicians and producers to break songs apart into components called stems, like drums or vocals, so they can be remixed, and Audioshake can process songs with or without multitracks.
It supports several categories of stem creation including vocals, drums, bass, guitar, instrumental and piano. And they have also expanded into processing speech audio for use in applications like dubbing, transcription and separating different speakers.
"We take music and we atomize it," Powell told me in a previous interview. "Instead of a song being monetized one way, if you have the parts you can monetize in 10 or 15 ways and that helps artists make more money from their work."
In 2021, Audioshake won a demixing contest sponsored by Sony that tested the quality of the sound output, known as signal-to-distortion ratio, or SDR.
The company counts major labels, music publishers, independent labels and indie artists as partners.
For higher volume usage, Audioshake offers a subscription model and API access. And smaller customers like indie artists can pay per song.