Yousician, the Helsinki-based music education platform, has recently raised $28 million in a Series B funding round led by True Ventures. The company offers a gamified approach to learning musical instruments through interactive lessons and feedback, which has earned it a loyal user base of over 30 million people worldwide.
Gamified Music Education
Yousician was founded in 2010 by Chris Thür and Mikko Kaipainen, who wanted to make music education more accessible and engaging for everyone. Their platform offers a wide range of lessons, from beginner to advanced, for guitar, piano, bass, ukulele, and voice.
The lessons are designed to be fun and engaging, with a game-like interface that rewards progress and provides instant feedback. Users can practice at their own pace and track their progress over time, making it easy to see how far they’ve come.
Yousician’s approach has proven to be effective, with users reporting significant improvements in their playing abilities. The company has even partnered with music schools and teachers to incorporate its platform into their curriculums.
Series B Funding
Yousician’s recent Series B funding round, led by True Ventures, raised $28 million for the company. Other investors included Amazon Alexa Fund, MPL Ventures, and existing investors such as Sunstone and Unity founder David Helgason.
The funding will be used to further develop Yousician’s platform and expand its reach to new markets. The company plans to enhance its product offerings, improve its technology, and hire more talent to join its growing team.
Expansion Plans
Yousician has already seen significant growth in recent years, with its user base more than doubling since 2019. The company has also expanded into new markets, including Latin America and Asia, and plans to continue this trend.
With the new funding, Yousician aims to reach even more users worldwide and offer its platform in more languages. The company also plans to explore new markets, such as Africa and the Middle East, where there is a growing interest in music education.
Yousician’s mission is to make music education accessible and enjoyable for everyone, regardless of their background or skill level. With its innovative approach and growing popularity, the company is well-positioned to continue its expansion and transform the way people learn music.