Foundry Group

Founded in 2007, Foundry Group is a venture capital firm headquartered in Boulder, Colorado. It focuses on early-stage investments in information technology, Internet, and software companies across North America.

Angeli Agrawal

Senior Associate

Lindel Eakman

Partner

Brad Feld

Managing Director

Jaclyn Hester

Partner

Seth Levine

Managing Director

Past deals in Music

Mixhalo

Series B in 2021
Mixhalo is a real-time audio platform for live events that streams high-quality sound directly to attendees' smartphones and personal headphones, enabling audiences to hear content as presented by the sound system without additional hardware. The platform offers a zero-hardware approach by delivering audio via a free mobile app, with use cases across concerts, speeches, sports, conferences and other gatherings. It supports features such as silent sessions, live interpretation, transcription and summaries, enhancing accessibility and audience engagement. Founded in 2016 and headquartered in San Francisco, Mixhalo serves event organizers by delivering the intended audio experience to individual devices, ensuring attendees receive the intended mix and level of detail.

Mandolin

Series A in 2021
Mandolin is a Software-as-a-Service platform that connects artists, venues and fans through live music, offering tools for content creation, distribution, livestreaming and fan insights, along with services that support artists and venues in engaging audiences. The platform enables creators to share content, streams live music events, and access analytics to understand fan engagement, helping the live music community return to the stage. Mandolin was incorporated in 2020 and is based in Indianapolis, Indiana.

Mixhalo

Series A in 2019
Mixhalo is a real-time audio platform for live events that streams high-quality sound directly to attendees' smartphones and personal headphones, enabling audiences to hear content as presented by the sound system without additional hardware. The platform offers a zero-hardware approach by delivering audio via a free mobile app, with use cases across concerts, speeches, sports, conferences and other gatherings. It supports features such as silent sessions, live interpretation, transcription and summaries, enhancing accessibility and audience engagement. Founded in 2016 and headquartered in San Francisco, Mixhalo serves event organizers by delivering the intended audio experience to individual devices, ensuring attendees receive the intended mix and level of detail.

Amper Music

Seed Round in 2018
Amper Music, Inc. is a New York-based company founded in 2014 that specializes in developing an online platform for creating customized music. Utilizing artificial intelligence, Amper enables users to generate unique music tailored to various content types, such as videos and slideshows, instantly. The platform features a proprietary sample library and integrates music theory with AI technology, allowing users to compose original scores quickly without prior musical experience. The Amper Score tool streamlines the music creation process, empowering individuals and enterprise teams to select genres, set lengths, and edit compositions to meet specific needs. Amper's mission is to democratize music creation, making it accessible for anyone wishing to express themselves creatively through sound.

Amper Music

Seed Round in 2017
Amper Music, Inc. is a New York-based company founded in 2014 that specializes in developing an online platform for creating customized music. Utilizing artificial intelligence, Amper enables users to generate unique music tailored to various content types, such as videos and slideshows, instantly. The platform features a proprietary sample library and integrates music theory with AI technology, allowing users to compose original scores quickly without prior musical experience. The Amper Score tool streamlines the music creation process, empowering individuals and enterprise teams to select genres, set lengths, and edit compositions to meet specific needs. Amper's mission is to democratize music creation, making it accessible for anyone wishing to express themselves creatively through sound.

ROLI

Series B in 2016
ROLI is a music technology company that specializes in creating innovative hardware and software solutions for music learning and creation. The firm develops a modular music creation system that features a three-dimensional pressure-sensing digital keyboard, designed to enhance musical expression by responding to variations in pressure. ROLI's team, composed of musicians, programmers, teachers, anthropologists, engineers, and artists, is dedicated to redefining how individuals engage with music through their products, which include a range of music-making devices, software, sounds, and accessories. By focusing on the intersection of technology and music, ROLI aims to make music more accessible and expressive for users of all skill levels.

UniqueSound

Seed Round in 2015
UniqueSound is a Paris-based company founded in 2014 that operates the largest platform for sound creatives, including composers and sound designers, to showcase their work and connect with clients. Through its online platform, sound professionals can create portfolios to display their talents and secure direct hiring opportunities from various clients, such as global brands, advertising agencies, and production companies. UniqueSound has built a worldwide network of sound creatives, facilitating collaborations and enabling clients to find suitable professionals for their projects. The company aims to create an engaging environment for both composers and clients, enhancing the visibility and accessibility of musical talent in the industry.

Harmonix Music Systems

Venture Round in 2015
Harmonix Music Systems, Inc. is a video game development studio based in Cambridge, Massachusetts, founded in 1995 by Alex Rigopulos and Eran Egozy. The company specializes in creating music-oriented video games that allow users to engage with music through gameplay across various platforms, including console, PC, and mobile. Harmonix is well-known for its successful franchises, such as Rock Band and Dance Central, and was the original developer of the Guitar Hero series up until Guitar Hero III: Legends of Rock. The studio focuses on providing interactive entertainment that enables players, regardless of musical background, to experience the joy of making music.

Looplabs

Convertible Note in 2015
Looplabs is a developer of a collaborative cloud-based music creation platform designed to facilitate music production and sharing among users. The platform offers an intuitive interface that allows individuals to drag and drop sounds and recordings seamlessly, enabling real-time collaboration with friends and music enthusiasts globally. By automatically syncing royalty-free sounds to the same tempo and musical key, it simplifies the music creation process, making it accessible for a new generation of creators. Users can easily craft tracks for various purposes, such as social media content, DJ sets, or personal projects, without the need for extensive knowledge of musical theory. Looplabs fosters a social environment where creativity can thrive through collaboration and shared musical experiences.

SoundBetter

Seed Round in 2013
SoundBetter LLC is an online marketplace that connects musicians with a wide range of music production professionals, including recording studios, mixing and mastering engineers, and session musicians. Founded in 2012 and headquartered in Brooklyn, New York, the platform allows users to search for professionals based on specialties such as editing, vocal tuning, sound design, and live sound, among others. It enhances transparency in the hiring process through verified reviews and sound samples, making it easier for self-producing musicians to find suitable collaborators worldwide. SoundBetter's extensive community of vetted professionals supports artists in expanding their networks and creating economic opportunities within the music industry. The company operates as a subsidiary of Spotify Technology S.A.

Next Big Sound

Series A in 2012
Next Big Sound Inc. is a prominent provider of online music analytics and insights for the music industry, established in 2008 and based in New York, New York. The company offers a comprehensive platform that tracks and analyzes data for hundreds of thousands of artists across various online properties, including social media networks and music platforms. By integrating metrics such as website traffic, unit sales, and radio play with social media engagement, Next Big Sound enables music makers, labels, and marketers to gain actionable insights into artist performance and fan engagement. Their Premier platform provides detailed visualizations of fan density and sales trends, along with regular reports to assist clients in making informed decisions regarding marketing strategies and resource allocation. Next Big Sound serves a diverse clientele, from individual artists to major record labels, and has been operating as a subsidiary of Pandora Media, Inc. since 2015.

Next Big Sound

Seed Round in 2009
Next Big Sound Inc. is a prominent provider of online music analytics and insights for the music industry, established in 2008 and based in New York, New York. The company offers a comprehensive platform that tracks and analyzes data for hundreds of thousands of artists across various online properties, including social media networks and music platforms. By integrating metrics such as website traffic, unit sales, and radio play with social media engagement, Next Big Sound enables music makers, labels, and marketers to gain actionable insights into artist performance and fan engagement. Their Premier platform provides detailed visualizations of fan density and sales trends, along with regular reports to assist clients in making informed decisions regarding marketing strategies and resource allocation. Next Big Sound serves a diverse clientele, from individual artists to major record labels, and has been operating as a subsidiary of Pandora Media, Inc. since 2015.

Topspin Media

Series B in 2008
Topspin Media, founded in June 2007, is a provider of marketing software and services tailored for musicians, filmmakers, and other creative professionals. The company develops tools that enable artists to enhance their audience engagement, communicate effectively with fans, and sell music, videos, merchandise, and ticket bundles online. By offering solutions that facilitate meaningful interactions between creators and their audiences, Topspin Media helps musicians, comedians, labels, managers, and filmmakers establish sustainable businesses and strengthen their brands in a competitive landscape.
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