BeatConnect Raises CA$3M in Funding

BeatConnect

BeatConnect, a Montreal, Canada-based provider of a digital collaboration-based music platform, raised CA$3M (US$2.2M) in funding.

The round was led by FICC, with participation from Anges Québec, and Triptyq Capital.

Lead investor FICC (Fonds d’investissement de la culture et des communications) and its partners have contributed a total of CA$1.4M. Angel investor network Anges Québec joined them with CA$850K. CA$750K came from Triptyq Capital. 

The company intends to use the funds to build its tool designed for multiple overlapping sectors of the creator economy.

Led by CEO Alexandre Turbide, BeatConnect allows users to collaborate in real time from their respective home studios. Once installed, musicians and producers can start playing and editing together with no extra setup required. By linking multiple DAWs together for cross-platform collaboration and remote sharing sessions, the system connects its users in ways that maximize creative interactions between individuals.

FinSMEs

13/10/2022