# JoyTunes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/joytunes

- Industry: Education/Training
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.joytunes.com
- Total disclosed funding: $42M
- Latest round: Series C (Aug 27, 2019)
- Investors on record: 7

## About

JoyTunes Ltd. develops innovative mobile applications aimed at enhancing creative skills, particularly in music learning. Their products combine interactive tutorials and technology to engage users of all levels in artistic pursuits.Founded in 2011, JoyTunes Ltd. is based in Tel Aviv-Yafo, Israel, and focuses on applications that teach music. The company has made six deals since its inception and secured a total funding of USD 50.00 mn, with the latest funding round occurring in June 2021, led by GV and joined by Qualcomm Ventures. The founders of the company are Roey Izkovsky, Yigal Kaminka, and Yuval Kaminka, with Yuval Kaminka serving as the CEO.JoyTunes Ltd. specializes in mobile applications designed to facilitate and enhance creative pursuits, particularly in music learning. Their flagship products include Simply Piano, Simply Guitar, Simply Sing, Simply Tune, Simply Draw, and Simply Piano XR. These applications utilize personalized tutorials, interactive feedback, and augmented reality technologies to engage users, catering to a diverse audience that includes families, educators, and individual learners across North America, Europe, and other regions.JoyTunes Ltd. operates on a subscription-based revenue model, offering individual and family plans that provide unlimited access to all applications. Customers can subscribe monthly or annually, allowing them access to tutorials, feedback, and community features. The company’s revenue structure supports direct-to-consumer sales and potential partnerships with educational institutions.In June 2021, JoyTunes Ltd. raised USD 50.00 mn in venture funding, aimed at developing additional technologies and products for music teachers, students, and enthusiasts. The company plans to leverage this funding to create and launch new applications designed to enhance music education further. Additionally, JoyTunes intends to expand its reach into new markets, targeting regions that show potential for growth and adoption of its creative learning platforms.

## Funding rounds

- Series C, Aug 27, 2019, $25M — Insight Partners, Qumra Capital, Aleph
- Series B, Jun 25, 2018, $10M — Genesis Partners, Insight Partners, Aleph
- Series A, Aug 12, 2014, $5M — Formation8, Aleph
- Seed, May 2, 2013, $1.5M — Genesis Partners, Founder Collective, Kaedan Capital Group
- Angel, Jan 1, 2012, $0.5M — Genesis Partners, Founder Collective

## Investors

- Genesis Partners (https://capitalatlas.ai/funds/genesis-partners) — Angel, Seed, Series B
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Angel, Seed
- Kaedan Capital Group (https://capitalatlas.ai/funds/kaedan-capital-group) — Seed
- Formation8 (https://capitalatlas.ai/funds/formation8) — Series A
- Aleph (https://capitalatlas.ai/funds/aleph) — Series A, Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C
- Qumra Capital (https://capitalatlas.ai/funds/qumra-capital) — Series C