Strofe

Make your own music with AI in just a few clicks | No experience required

https://wefunder.com/strofe

Total raised on Wefunder: 51680

Total investors: 19

Quick facts

  • 🏆 Backed by Stanford's StartX community, where 92% of companies are still growing or acquired
  • 🦄 1 in 28 StartX companies become a $1B+ Unicorn
  • 📈 120,000 users since launch last year
  • 🔥 70k+ users found us via word of mouth
  • 💥 Positioned to be the go-to music tool for 100M+ Content Creators globally
  • 🎯 On a clear strategic track to $2M ARR by Series A in 2 years
  • 🎵 Proprietary Music Engine generates unique music every time.

Team profiles

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Strofe

Make your own music with AI in just a few clicks | No experience required

Funded badge
Last Funded March 2023

$51,680

raised from 19 investors

Highlights

1
🏆 Backed by Stanford's StartX community, where 92% of companies are still growing or acquired
2
🦄 1 in 28 StartX companies become a $1B+ Unicorn
3
📈 120,000 users since launch last year
4
🔥 70k+ users found us via word of mouth

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Team


We are an AI-powered Music creation platform for Creators

100M+ Creators around the world need music now that copyright has become inescapable.

Generative music protects them from copyright infringement and does something that stock music never will - adapt.

How are we going to win this space? 

  • Adaptability
    • Stock music is static. You can only hope that it fits well with your content or make your content fit the music.
    • Generative music can adapt and change to fit where it is needed.  
  • High Margins
    • Stock music and many other music companies struggle on margin. Even major music streaming companies struggle to turn a profit because of how thin their margins are.
    • Strofe has extremely high margins, which is why we can let our users make as many songs as they want and only have to pay when they want to own &
  • Execution
    • We bring a unique combination of technical skills from leaders in the field at Stanford, musical expertise from a lifetime of practice, and startup experience that has led to a one-of-a-kind approach to this opportunity.

What have we seen in 1 year? 

  • Our users love us! 
    • Strofe has 58 NPS from our users and a 38% must-have score. Over 50% of our growth is from word-of-mouth.
  • Traction
    • Our users were found at a cost of less than $0.08 per user, with 7.5k MAU. Our CPC is .01-.03, and our early experiments yield %50 return on ad spend and 0.5% conversion rate. 
    • Even with a traditional paid ad approach we are halfway to our goal of hitting profitability on paid ads.   
  • Growing market needs
  • Music copyright has hit the news multiple times in the last year. 
    • Roblox sued for $200m...
    • lo-fi girl Youtube channel was taken down...
    • and in the last week Youtube published that creators lost $2B in ad revenue to music copyright *new # since we made our video!*

Join us and revolutionize the future of music! 

Overview