# Band Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/band-industries

- Industry: Consumer Products
- Headquarters: Port Townsend, US
- Website: http://www.roadiemusic.com
- Total disclosed funding: $2.8M
- Latest round: Series A (Apr 30, 2020)
- Investors on record: 5

## About

Band Industries, Inc. develops innovative automated tuning solutions for musicians, providing a variety of smart tuners and educational tools designed to enhance musical performance and facilitate the tuning process for string instruments.Founded in 2012 in Port Townsend, US, Band Industries, Inc. specializes in automated tuning technology for musicians. The company was established by Hassane Slaibi, who has a background in music tech innovation. In April 2020, they raised USD 2.8 mn in Series A funding led by Cedar Mundi Ventures, supported by B&Y Venture Partners, Berytech Fund, SOSV, and the iSME Programme, bringing their total amount raised to USD 2.8 mn. The firm has completed three deals to date, with the most recent deal occurring on April 30, 2020.Band Industries, Inc. offers advanced automated tuning solutions including the Roadie 3, Roadie Bass, and Roadie 4, which are smart automatic tuners that ensure fast, precise tuning adjustments for various string instruments. The Roadie 4 features an advanced interface and broader instrument compatibility, while the Roadie Coach acts as a smart recorder and music tutor for guitar, vocals, and ukulele users. Their products target individual musicians, educators, and enthusiasts in markets across North America, Europe, and Asia, addressing common tuning challenges.Band Industries, Inc. generates revenue through direct sales of products such as the Roadie 4 and Roadie Coach, primarily via their online platform. They also engage in retail partnerships to expand their market reach. Customers can purchase individual tuners or take advantage of promotions on platforms like Indiegogo. The company engages its community with additional features and updates through associated apps, bolstered by strong brand reputation as reflected in artist testimonials.Band Industries, Inc. plans to utilize the USD 2.8 mn raised in Series A funding to enhance its product portfolio and expand its market presence. They aim to launch new products and expand into additional markets within North America, Europe, and Asia by 2021. The funding will specifically support the development of proprietary technology to further enhance their offerings.

## Funding rounds

- Series A, Apr 30, 2020, $2.8M — SOSV, Berytech Fund, B&Y Venture Partners, Cedar Mundi Ventures, iSME Programme
- Seed, Jul 1, 2013 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A
- Berytech Fund (https://capitalatlas.ai/funds/berytech-fund) — Series A
- B&Y Venture Partners (https://capitalatlas.ai/funds/b-y-venture-partners) — Series A
- Cedar Mundi Ventures (https://capitalatlas.ai/funds/cedar-mundi-ventures) — Series A
- iSME Programme (https://capitalatlas.ai/funds/isme-programme) — Series A