Songistry Raises $5M USD, Positioning It to Become the Music Industry’s Leading AI Powered Music Licensing Search Engine

Songistry Inc., an AI-based music technology company, is pleased to announce the closing of a $5,000,000 USD capital raise.

Songistry Inc , an AI-based music technology company, is pleased to announce the closing of a $5,000,000 USD capital raise. The funding was based on a pro-forma $20 million USD valuation. This investment will allow Songistry to further advance the Company’s growth strategy allowing it to become one of the leading forces in the Music Sync Licensing Industry.

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“As a fully funded company, we are planning to invest this capital directly into our IP and development roadmap including our flagship MDIIO platform as well as our newest product hyprAUDIO.”

— Justin Gray, Founder and CEO

“This significant investment comes at a pivotal time,” says Justin Gray, Founder and CEO of Songistry. “As a fully funded company, we are planning to invest this capital directly into our IP and development roadmap including our flagship MDIIO platform as well as our newest product hyprAUDIO. We will expand on our mission by applying AI to redefine and disrupt how music is discovered and licensed for film, television, gaming and UGC. We will also be immediately exploring various M&A opportunities in both music and technology aimed at bolstering our current suite of services.”

This round of financing is another important stride that will elevate Songistry’s growth and innovation throughout 2022 and beyond.

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