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