What is Splice?
Splice is at the forefront of evolving how individuals create, connect, and collaborate within the music industry. By anticipating the future needs of musicians, Splice offers a comprehensive library of samples and innovative rent-to-own plugin plans, thereby fueling the creative process for over two million users, ranging from chart-topping artists to emerging producers. Founded in 2013 by Steve Martocci and Matt Aimonetti, Splice's vision is to foster an open music ecosystem that benefits all participants, leading to enhanced musical output and a more robust creative culture.
How much funding has Splice raised?
Splice has raised a total of $154.8M across 5 funding rounds:
Angel/Seed
$2.8M
Series A
$4.5M
Series B
$35M
Series C
$57.5M
Series D
$55M
Angel/Seed (2013): $2.8M with participation from True Ventures, Union Square Ventures, SV Angel, First Round Capital, Lerer Hippeau Ventures, and CODE Advisors
Series A (2014): $4.5M led by True Ventures, Union Square Ventures, AM Only, Plus Eight Equity Partners, and William Morris Endeavor Entertainment, LLC
Series B (2017): $35M supported by DFJ Venture Capital, Flybridge Capital Partners, True Ventures, and Union Square Ventures
Series C (2019): $57.5M featuring Flybridge Capital Partners, True Ventures, Union Square Ventures, Draper Associates, Matt Pincus, Founders Circle Capital, LionTree, and Lerer Hippeau
Series D (2021): $55M backed by GS Growth Partners
Key Investors in Splice
Flybridge Capital Partners
Flybridge Capital Partners is an early-stage venture capital fund with a strong focus on AI-native startups, providing hands-on support to ambitious founders in their pivotal early stages.
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, offering capital and guidance to build enduring technology and AI-driven companies.
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for growth.
What's next for Splice?
With its recent major strategic investment, Splice is poised for accelerated growth and further innovation in the music technology sector. This substantial backing, contextualized by its history of enterprise-level funding, indicates a mature stage of development, likely focused on scaling operations, expanding its product offerings, and deepening its market penetration. The company's strategic direction will likely involve enhancing its platform's collaborative features and exploring new avenues to support the evolving needs of musicians worldwide.
See full Splice company page
