Chromatik, Inc.

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Chromatik, Inc. - overview

Established

2010

Location

Santa Monica, CA, US

Primary Industry

Internet

About

Chromatik, Inc. is a company that specializes in providing innovative solutions for digital music collaboration and education, enhancing the creative process for musicians and educators worldwide. Founded in 2010, Chromatik, Inc. is based in Santa Monica, US, and offers a platform that facilitates music collaboration and learning.


The company was acquired by TakeLessons in April 2017, marking a strategic shift in its operations. The founder's history is not detailed, but the company has engaged in a total of 5 deals, with the most recent being a Series A funding round in 2017, led by Rustic Canyon Partners, which raised USD 5. 70 mn. Chromatik, Inc.


provides a platform that enables musicians and educators to collaborate and learn through digital means. The offerings include tools for music transcription, practice, and sharing, designed to support a variety of users from amateur musicians to educational institutions. The company generates revenue through its subscription-based model, which allows users to access premium features and resources on its platform. This model is complemented by partnerships that enhance its service offerings, although specific revenue figures are not disclosed.


Chromatik, Inc. plans to enhance its platform by developing new collaborative tools aimed at music educators and students, with launches expected in late 2023. The company is also looking to expand into international markets, specifically targeting Europe and Asia by 2024. The funds raised during the Series A round in 2017 will be utilized to support these product developments and market expansions.


Current Investors

Service Scout, Inc. , 500 Global, Kapor Capital

Primary Industry

Internet

Sub Industries

Recreational & Entertainment Facilities, Web Applications, Music & Video Streaming Software

Website

www.chromatik.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

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