WavMaker Debuts Video Music Licensing Platform with $5M Seed Investment
WavMaker, a new music licensing startup focusing on video creators, has officially launched with $5 million in seed funding led by Monarch Media co-founder Vicky Patel.
Musicians in warehouse recording studio
Founded by former Soundstripe executive Matt Arcaini (CEO), industry veteran Mark Stuart (Director of Label Services), and Wavy Records co-founder Caleb Grimm (Director of Marketing), WavMaker aims to solve common music licensing challenges for video creators.
The subscription-based platform addresses key industry pain points including:
- Inconsistent or stagnant music libraries
- High licensing costs
- Confusing licensing structures
The company plans to use the funding for:
- Platform expansion
- Team growth
- Enhanced customer outreach
- Continuous library updates with new music
"As a musician and creator myself, I understand the constant struggle to find affordable, quality music for video content," says CEO Matt Arcaini. "Our platform frees creators from worrying about acquiring high-quality music and allows them to focus on producing incredible content."
CTO Jack Whitis highlights the platform's technical features:
- Intuitive user interface
- Streamlined music discovery
- Simplified licensing process
- Creator-focused workflow optimization
The platform is scheduled to launch this month, offering video creators access to a continuously updated, pre-licensed music library with straightforward licensing terms.
This launch follows recent funding announcements in the music tech space, including Hook's expanded seed round and BeatConnect's additional $1.86 million raise, bringing its total funding to $4.3 million.
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