# Beatoven Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beatoven-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.beatoven.ai
- Total disclosed funding: $2.3M
- Latest round: Seed (Mar 1, 2024)
- Investors on record: 8

## About

Based in Bangalore, India, and founded in 2021 by Mansoor Khan and Siddharth Bhardwaj, Beatoven Private Limited, a.k.a. Beatoven operates as a software company that offers an artificial intelligence-based music generation tool for video and podcast content creators. In March 2023, Beatoven Private Limited raised INR 110 million in pre-series A funding led by Capital 2B, with participation from IvyCap Ventures Group, Upsparks, and Rukam Capital.

Beatoven.ai provides an AI-driven platform for creating custom background music. The platform allows users to generate unique music by either describing the desired sound or selecting a genre, emotion, and tempo. The platform offers extensive customization options, allowing users to adjust the length, mood, and instruments of their tracks. Beatoven.ai delivers production-ready music with industry-standard mixing and mastering, making it suitable for video, podcast, and game creators. The platform simplifies the music creation process, enabling users to produce high-quality, mood-based music without needing advanced knowledge of music theory or production techniques.

Beatoven generates revenue from subscriptions to its platform package at INR 999 per month for 60 minutes.

The company plans to use its proceeds from March 2024 funding to improve its platform, hire additional members of its R&D team, and develop a scalable go-to-market strategy to attract more users.

## Funding rounds

- Seed, Mar 1, 2024, $1.3M — IvyCap Ventures Group, Entrepreneur First, LVX, Rukam Capital, Upsparks, InfoEdge Ventures, Mahipal Investments & Advisors Private Limited
- Seed, Feb 4, 2022, $1M — Entrepreneur First, Redstart Labs

## Investors

- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Redstart Labs — Seed
- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Rukam Capital (https://capitalatlas.ai/funds/rukam-capital) — Seed
- Upsparks (https://capitalatlas.ai/funds/upsparks) — Seed
- InfoEdge Ventures (https://capitalatlas.ai/funds/infoedge-ventures) — Seed
- Mahipal Investments & Advisors Private Limited — Seed