Artiphon, Inc.

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Artiphon, Inc. - overview

Established

2011

Location

Nashville, TN, US

Primary Industry

Consumer Products

About

Artiphon, Inc. is a US-based company specializing in innovative musical instruments that empower music creation for users of all skill levels. Their products combine advanced technology with user-friendly design to enhance musical experiences. Artiphon, Inc.


was founded in 2011 and is headquartered in Nashville, US. The company develops portable musical instruments, notably the Orba series. Founded by Mike Butera, who previously established other ventures in music technology, Artiphon has raised a total of USD 2. 00 mn, including a Seed round led by Warner Music Group Corp.


in February 2021. Artiphon specializes in innovative, portable musical instruments that cater to musicians and music enthusiasts of all skill levels. Their core product offerings include the Orba 3, Orba 2, and Chorda, each designed to facilitate music creation through user-friendly interfaces and advanced technology. The Orba 3 is a handheld looper, sampler, synth, and MIDI controller featuring eight touch-sensitive pads and a built-in microphone, allowing users to sample sounds and create music anytime.


The Orba 2 serves as an advanced looper and MIDI controller, while the Chorda provides a versatile 12-pad looper and synth experience, complete with a strummable smart bridge. Artiphon targets a diverse clientele, including amateur musicians, educators, and professional artists, primarily in markets such as North America, Europe, and Asia, where there is a strong interest in music technology and accessibility. Artiphon generates revenue through direct sales of its musical instruments and related accessories, primarily targeting individual consumers and educational institutions. Transactions typically occur through online platforms, where customers purchase products at set retail prices, such as the Orba 3 priced at USD 159.


99 and the Chorda at USD 249. 99. The business model is structured around direct-to-consumer sales, allowing users to buy products directly from the company’s website. Artiphon may also engage in partnerships with retailers and distributors to expand its market reach.


The company’s revenue streams are bolstered by the sale of accessories designed for the Orba and Chorda, enhancing the user experience and functionality of their flagship products. Artiphon plans to leverage its recent funding round from February 2021, led by Swiftarc Ventures, to support the launch of new products and expand into new markets. They are focusing on developing innovative musical instruments to meet the demands of their diverse customer base. Specific markets targeted for expansion include Europe and Asia, aiming to increase their presence by 2023.


Mr. Mike Butera will continue as CEO as the company pursues these initiatives.


Current Investors

Warner Music Group Corp., Swiftarc Ventures

Primary Industry

Consumer Products

Sub Industries

Recreational Product Stores, Recreational & Entertainment Facilities, Hardware, Music & Video Streaming Software

Website

www.artiphon.com

Verticals

E-commerce, IoT (Internet of Things), Manufacturing, Mobile Apps, Social Media

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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