# littlesong music

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/littlesong-music

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.littlesongmusic.com
- Total disclosed funding: $1.7M
- Latest round: Series A (Nov 18, 2021)
- Investors on record: 3

## About

littlesong music is a music content creation and distribution company specializing in intellectual property development, offering a platform that provides royalty-free background music tailored for various media applications.Founded in 2018 by Jasmine Reese and Ð?c Vu, littlesong music is headquartered in Seoul, South Korea. The company focuses on creating and distributing music content, specifically through its BGM Factory platform. In November 2021, littlesong music raised KRW 2 billion in Series A funding from Eugene Investment & Securities, Michigan Venture Capital, and SB Partners, bringing its total amount raised to KRW 2 billion. The company has successfully completed 5 deals, with the most recent deal occurring on November 18, 2021.Little Song Music specializes in the creation and distribution of music content, focusing on intellectual property (IP) development. Its core offering is the BGM Factory platform, which serves as a music library providing royalty-free background music to creators, businesses, and content producers. By allowing original creators to distribute and sell their music directly, Little Song Music ensures a safe and copyright-compliant ecosystem. The company operates approximately 35,000 tracks and caters to a diverse clientele that includes video producers, advertisers, and retailers across South Korea and international markets. The platform emphasizes user empowerment, providing tools for music monetization and rights management while promoting unique soundscapes tailored to various media applications.Little Song Music generates revenue primarily through subscription models and partnerships with businesses that require licensed background music for commercial use. Clients access the BGM Factory library through different pricing plans, which may include tiered subscriptions based on usage frequency or specific licensing needs. Additionally, partnerships with companies such as SBS and K&Works enhance revenue streams by integrating their music services into broader media offerings. The firm engages in both B2B transactions with commercial clients and direct sales to individual creators and producers, capitalizing on its extensive catalog of original IP to meet diverse audio needs. The transaction structure is designed to facilitate straightforward licensing processes, ensuring clients can efficiently obtain the necessary rights for their audio requirements.Following the successful completion of its Series A funding in November 2021, littlesong music plans to utilize the investment to prepare for an overseas version of its platform and expand into the global market. The company aims to launch new features and products aimed at enhancing user experience and functionality within the BGM Factory, targeting international markets for expansion by mid-2023.

## Funding rounds

- Series A, Nov 18, 2021, $1.7M — Michigan Venture Capital, Eugene Investment & Securities, SB Partners

## Investors

- Michigan Venture Capital (https://capitalatlas.ai/funds/michigan-venture-capital) — Series A
- Eugene Investment & Securities — Series A
- SB Partners — Series A