Helsinkibased Yousician Maus 28m Series True a music education platform, has recently announced a funding round of $28 million for its Series True venture. This funding round comes only one year after their successful Series A funding of $22 million. Yousician is creating music education technology and offers a range of subscription-based products designed to make learning and playing an instrument easier and more enjoyable.
Overview of Helsinki-based Yousician
Helsinkibased Yousician Maus 28m Series True company operating within the music education technology market. It offers a range of subscription-based products designed to make learning and playing music easier and more enjoyable. The company provides consumereducation market products focused to drive innovation and create unique experiences for instrumental learners and educators alike.
Yousician’s mission is to make music education accessible to everyone by providing an easy, fun and personalized solution. Yousician was founded in 2010, and has since grown to reach more than 10 million users and save teachers an estimated 1 billion hours of lesson preparation.
Ysician’s Series True Funding Roundou
Yousician recently announced a funding round of $28 million for its Series True venture. This round is led by Mubadala Investment Company, a giant global investor from Abu Dhabi. This funding round comes only one year after their successful Series A funding of $22 million.
The funds from this latest $28 million round will be used to further develop Yousician’s technology and expand upon its platform. Additionally, the funding will be used to create new partnerships and strengthen Yousician’s existing ones.
How Yousician Uses its Funds
Yousician’s mission is to make music education more engaging and accessible to everyone. The company’s use of its funds is divided into two core parts:
Helsinkibased Yousician Maus 28m Series True technology platform is what sets it apart from other competitors. Its proprietary technology assigns custom exercises, feedback and guidance based on each user’s individual strengths and weaknesses in order to accelerate learning over time. Its funds will be used to further invest in artificial intelligence techniques and tools in order to optimize the efficiency of their music education platform.
Partnerships: As part of its strategy to strengthen its global presence and reach more users, Yousician has been creating strong industry partnerships. The company has struck partnerships with multiple organizations, such as Sony Music Entertainment, JAMK University of Applied Sciences in Finland, and the University of Jyväskylä’s Department of Music, Education and Culture. Yousician will be using a portion of its funding round to create new partnerships and strengthen existing ones.
Yousician’s Experienced Leadership Team
Helsinkibased Yousician Maus 28m Series True is led by an experienced and innovative leadership team with a wide range of backgrounds. Its CEO, Chris Thür, is a serial entrepreneur, running multiple technology and research companies in Europe. Additionally, Yousician’s COO, Csilla Sipka, is a professional educator with experience in product development and operations management in the technology sector.
Yousician is also backed by a board of experienced board members. Its board is co-chaired by Dr. Michael O’Hara, a communication and behavioral sciences specialist, and Jaakko Kuronen, a software-as-service executive.
What Makes Yousician Different
Helsinkibased Yousician Maus 28m Series True stands out from its competitors because of its unique proprietary technology. Its algorithm assesses each individual user’s skillset and provides customized exercises and feedback based on data points and progress. Additionally, its platform integrates social-driven features, giving users the opportunity to share their progress with friends or compete against each other. Furthermore, Yousician has multiple partnerships that offer its users a range of options for content. These partnerships include deals with industry-leading artists and labels such as Sony Music Entertainment and other music education institutions.
These unique features make Yousician an attractive choice for music learners and educators alike. With its strong technology platform and commitment to innovation, Yousician is well positioned to continue to expand its reach and improve the music education experience.
The new Series C funding round for Helsinkibased Yousician Maus 28m Series True a music education platform, is a great milestone for the company. The 28 million euros in funding demonstrates the continued success and growth of the company, and will be used to further develop their platform and grow their userbase. With this funding, Yousician will have the resources to reach more people and help them learn music in an interactive and fun way.