The music education startup based in Barcelona, Aulart, has closed an investment round of 800,000 euros which it will use to expand the team, accelerate its content catalog and grow its business in America. Along these lines, the startup will incorporate new musical genres to its collection and will explore new formats with which to reach all its users around the world.
Aulart is an online music education platform that offers music lovers and professionals the ability to learn through video masterclasses on a pay-per-view model. In addition, it offers masterclasses through Video On Demand, bootcamps and mentoring with prominent leading artists in the sector, professionals and international brands.
Its objective, therefore, is to bring the knowledge of these professionals closer to lovers of music content creation. To make this education more effective, Aulart wants to continue innovating, including the development of new digital educational methodologies, all thanks to this new round of funding.
The company plans to grow 300% this year and will offer a line of new products aimed at user acquisition and retention by 2021.
The financing round, of 800,000 euros, is led by 4Founders Capital, a fund that has in its investment portfolio successful startups such as Holded, Hubuc or The Hotels Network, among others. Jesús Monleón, partner of 4Founders Capital, commented on the investment in the Barcelona companythat:“Music education needs a digitized and global solution to adapt to new trends in the sector. We love participating and accompanying Marc in this promising project. Aulart can be a before and after in the music sector, being able to become an international benchmark ”.
The Valley Venture Capital fund, specialized in technology startups in the seed phase, also attends this round. In its portfolio you can find companies such as Nware, Trucksters or uSizy, among others. “Startups such as Aulart, which offers a high quality product to train professionals in the music sector, are key to facing the future of education. From The Valley Venture Capital we are proud to be able to contribute to the development of Spanish companies with international ambition that offer innovative and quality services", comments Mike Cobián, General Partner of The Valley Venture Capital.
In this sense, the online education company especially values its new investors, their "ability to understand the proposed business and their previous experience scaling digital businesses," according to Marc Marzenit, founder and CEO of Aulart.
The creation of content by users is a trend that does not stop growing. The future of Aulart starts from this premise, which wants to become a benchmark in the EdTech music sector, connect with users to accelerate the digitization of music education and provide artists with an alternative way to monetize their knowledge and experience.
As of today, Aulart has registered users in more than 40 countries. The platform has more than 1,300 hours of classes taught by artists and producers from around the world, organized in more than 500 chapters and subtitled in different languages.
About Aulart
Aulart is an international online educational platform with high-quality content that offers students from all five continents the possibility of learning through video-on-demand master classes, bootcamps and mentoring with the most respected artists, brands and professionals in the world of music industry. It offers exclusive and valuable content on electronic music and new trends, thanks to the experience of leading celebrities and music professionals. Aulart was born in 2017 with the aim of bringing world-class artists closer to the community of music creators, as well as democratizing access to the professional music industry through the dissemination of technical and educational knowledge. Currently, it has more than 20,000 registered users in more than 40 countries. More information at www.aulart.com.
About 4FoundersCapital
4Founders Capital is a Venture Capital fund, founded in Barcelona in 2017, which invests in technology and internet companies with a concentration in Spain and Europe. Its objective is to invest in companies with a clear focus on achieving profitability, high growth in income, efficient in the use of capital and with solid teams, whose objective is the creation of large international companies. 4Founders Capital is promoted by Jesús Monleón, Marc Badosa, Javier Pérez-Tenessa and Marek Fodor. The international DNA of the team and their extensive experience as founders, investors and CEOs of successful technology companies help entrepreneurs and maximize their chances of success to create high-impact global technology businesses.
About The Valley Venture Capital
The Valley Venture Capital is a management company regulated by the CNMV focused on individual investors, family offices and corporates who want to leverage the experience of the management team and the assets of The Valley's ecosystem. The Valley Venture Capital, with a management team with more With 15 years of experience in venture capital and venture capital, has the advice of a committee of first-line experts and makes the entire ecosystem and knowledge of The Valley available to entrepreneurs.
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