WavMaker Launches Video Music Licensing Platform With $5 Million Seed Investment

WavMaker Launches Video Music Licensing Platform With $5 Million Seed Investment

By Marcus Bennett

December 9, 2024 at 12:07 PM

WavMaker, a music licensing startup focused on video creators, has officially launched and secured $5 million in seed funding led by Monarch Media co-founder Vicky Patel.

Musicians in warehouse recording studio

Musicians in warehouse recording studio

Founded by former Soundstripe executive Matt Arcaini (CEO), industry veteran Mark Stuart (Director of Label Services), and Wavy Records co-founder Caleb Grimm (Director of Marketing), WavMaker aims to revolutionize music licensing for video content creators.

The subscription-based platform addresses common challenges faced by creators, including:

  • Inconsistent or stagnant music libraries
  • High licensing costs
  • Complex licensing structures

WavMaker's solution includes:

  • Constantly refreshed pre-licensed music library
  • Intuitive user interface
  • Streamlined licensing process
  • Affordable pricing model

CEO Matt Arcaini explains: "As a musician and creator myself, I understand the constant struggle to find affordable, quality music for video content. Our platform frees creators from worrying about acquiring high-quality music and allows them to focus on producing incredible content."

CTO Jack Whitis, formerly of Soundstripe and Rosie, emphasizes the platform's technical capabilities: "Our team has built an intuitive user interface that makes finding and acquiring high-quality music easier than ever, making it an integral part of the creative process."

The $5 million seed funding will support:

  • Platform expansion
  • Team growth
  • Enhanced customer outreach

The platform is scheduled to launch this month, offering a new solution for both video creators and musicians in the content creation ecosystem.

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