Tuesday, November 5, 2024

Reykjavik-based Moombix raises €2.27 million to scale its on-line music studying platform

Moombix, a music schooling platform enabling grownup hobbyists and people with skilled aspirations to have one-on-one on-line lessons with skilled lecturers – providing instrument studying, voice teaching, DJing, in addition to manufacturing and publication – introduced the closing of a seed funding spherical of over €2.27 million, led by Iceland’s Frumtak Ventures with participation from angel buyers.

The funding can be used to scale the Moombix market and enhance consumer expertise, speed up buyer acquisition, and put together for a strategic launch into the UK, a territory wherein it already has practically 200 lecturers signed-up to supply lessons.

Moombix’s long-term sustainable development can be fueled by constantly onboarding gifted lecturers and musicians from a various vary of musical disciplines. By increasing Moombix´s choices and enhancing the scholar expertise, the corporate goals to offer a top-tier, personalised studying platform for its rising world group.

Moombix was based by skilled musician and entrepreneur Margret Juliana Sigurdardottir, who has carried out with fellow Icelanders Björk and Sigur Rós. Moombix is her second music-tech startup, which she based in 2022 after efficiently exiting from her first startup award successful Mussila. 

Moombix co-founder and CEO Margret Juliana Sigurdardottir, stated: “As an skilled skilled musician and music trainer, I’ve witnessed first-hand how troublesome it may be to entry versatile, high-quality music classes. Conventional classes are designed for school-age youngsters, which leaves adults with restricted choices. Moombix modifications that. We’re not simply providing classes; we’re making music schooling a way of life alternative – one thing that may match seamlessly into your day, similar to a yoga class or every other passion. We’re excited to embark on the following step of our journey, constructing a world group of music fans, the place aspiring musicians can join with skilled lecturers from all world wide, anytime, anyplace. Frumtak Ventures’ assist is invaluable as this funding will assist us not simply develop however interact each lecturers and customers, in addition to set up Moombix because the go-to platform for music schooling worldwide.”

Moombix approaches music studying as a way of life, encouraging adults to pursue it for private development and fulfilment, very like studying a language or practising yoga. Conventional music schooling typically presents challenges similar to location, scheduling, and entry to specialised abilities, particularly for these with busy existence. Moombix removes these limitations by providing versatile, one-on-one classes with skilled lecturers, making music schooling accessible to everybody. 

As Moombix enters its subsequent part of development, the corporate goals to increase its consumer base by attracting certified lecturers and college students from each location. Moombix lecturers already embrace revered musicians similar to: Biggi Þóris (MD of the Icelandic Nationwide Theatre), Richard Bedford (Grammy nominated British singer-songwriter), Andrew Morgan (long-term collaborator with Neil Davidge of Large Assault and world music lecturer), and Steve Riggs (DJ and producer who has labored with Sony, Armada Music, and deadmau5). 

The staff can even proceed to develop the platform’s technical infrastructure – which already contains its proprietary video conferencing device, its streamlined fee processing system and different digital instruments which are tailor-made for stay on-line music classes.  

Frumtak Ventures companion Andri Heidar Kristinsson added: “Frumtak Ventures is thrilled to assist Moombix as the corporate embarks on its first main world push. Their concentrate on high quality educators, mixed with an intuitive platform, positions them to be a pacesetter within the world music schooling area. Now we have been impressed with the platform’s flexibility to attraction to not solely college students but in addition skilled musicians, skilled music lecturers, and newly graduated musicians who can set their very own schedules and educate from anyplace. Moombix has the potential to revolutionise how folks join and study, and we’re excited to hitch them on their mission of constructing music schooling accessible to all.”


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