- LANDR — an AI-powered creative platform for musicians — has closed $26 million in Series B funding
LANDR — an AI-powered creative platform for musicians — announced it has closed $26 million in Series B funding led by Sony Innovation Fund, Shure (microphone manufacturer), Investissement Québec (state-owned financing corporation), Fonds de solidarité FTQ. And it also received investments from Warner Music, Plus Eight Equity Partners, Slaight Communications, YUL Ventures, and PEAK Capital Partners.
LANDR received $7 million as an initial convertible note from Investissement Québec and other investors followed by an additional $19 million of equity from the above mentioned group of investors.
And LANDR is planning to use the new capital to accelerate growth, expand into new markets, and further capitalize on its position as a leader in music AI. Plus new products and innovation will also be a key area of focus as LANDR adds powerful features to its platform.
“Having the support of established music companies like Sony, Shure and Warner as well as music industry investors such as Plus Eight and Slaight is a vote of confidence, and marks the start of a new chapter for LANDR. This Series B will allow us to take our knowledge and expertise in music technology to new market shifting directions,” said LANDR CEO Pascal Pilon.
Ever since LANDR launched in 2014, the company has transformed the music-making process and made studio quality sound more accessible for musicians and audio professionals of all levels.
This investment follows LANDR’s milestone of cross 2.5 million artists — who have mastered, released, and promoted over 12 million tracks across 160 countries around the world.
This investment follows LANDR’s milestone of cross 2.5 million artists — who have mastered, released, and promoted over 12 million tracks across 160 countries around the world. And the company releases thousands of tracks weekly on platforms like Spotify, Apple Music, and Amazon Music.
This investment follows LANDR’s milestone of cross 2.5 million artists — who have mastered, released, and promoted over 12 million tracks across 160 countries around the world. And the company releases thousands of tracks weekly on platforms like Spotify, Apple Music, and Amazon Music.
“Shure is known for developing innovative products that support musicians and content creators as they hone their craft. We’re excited to be involved with LANDR and look forward to hearing the talented artists its new platform will help to shape,” added Brian Woodland — the VP of Business Development for Shure.
Recently, LANDR Audio ranked as one of the Top 5 Most Innovative and Fastest-Growing Companies in Canada — which is a distinction awarded by Deloitte’s Fast 50 program celebrating innovation, rapid revenue growth, and entrepreneurial spirit.
“We are proud to support LANDR, a leader in the audio mastering sector, in order to give it the flexibility to develop the functionalities of its platform, seize expansion opportunities and consolidate its positioning in the market, both in Québec and abroad,” explained Guy LeBlanc — the President and Chief Executive Officer of Investissement Québec.
Along with established industry investors, LANDR has also received significant contributions from music producers and artists. For example, top talent including Hans Zimmer, Nas, Richie Hawtin, Pete Tong, and Tiga have contributed to the company.
“LANDR shows great development potential and the Fonds de solidarité FTQ is proud to support a company that has an impact in two sectors in which it believes in, artificial intelligence and culture. Thanks to its promising technological platform developed here in Quebec, LANDR provides an innovative tool for creators and musicians around the world, and helps them push the limits of their art,” noted Alain Denis — the Senior Vice-President of Venture Capital Investments, Fonds de solidarité FTQ.
LANDR has a team of 75 employees and the company has a presence in Montreal, Los Angeles, Berlin, and Tokyo.
“LANDR provides strong leadership and influence within the artist community by democratizing great sound and providing much-needed tools for musicians. Participating in the Series B transaction with other leading industry investors will help the company expand its footprint into new markets with new offerings, to become the undisputed technology of choice for the global music creator community,” commented John Acquaviva — DJ and Partner of Plus Eight Equity Partners.
