# MWM

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mwm-2

- Industry: Software
- Headquarters: France
- Website: www.musicworldmedia.com
- Total disclosed funding: $21M
- Latest round: Series B (Mar 3, 2020)
- Investors on record: 4

## About

MWM SAS is a French company that specializes in developing innovative consumer applications for music, photography, and coloring, aiming to enhance user experiences and foster creativity.Founded in 2009 in France, MWM SAS operates by creating a diverse range of consumer applications. The company has successfully raised EUR 19.261 mn in its Series B funding round on March 3, 2020, with investors including Aglaé Ventures, Bpifrance Investissement, Idinvest Partners, and blisce/. With a total amount raised of EUR 19.261 mn, MWM's current valuation stands at EUR 256.124 mn. The founder, Nicolas Dupré, has a history of entrepreneurship, though specific details of prior ventures are not available.MWM operates a robust ecosystem centered around its consumer applications, which enhance user experiences in music, photography, and coloring. Their flagship products include Edjing, a professional DJ app; Vocalz for vocal enhancement; ColorPop for digital coloring; YouSing, a karaoke-style platform; and Pixel+, a photo editing tool. Utilizing advanced technologies like artificial intelligence, these applications cater to the creative needs of over half a billion global users across North America, Europe, and Asia, ensuring accessibility for users of varying tech-savviness.MWM generates revenue through partnerships, direct-to-consumer sales, and subscription models associated with its applications. They collaborate with independent developers and brands, providing marketing expertise to enhance app visibility and user acquisition. Revenue streams include in-app purchases, advertising revenue, and subscription fees for premium features, allowing users to subscribe to monthly plans for advanced functionalities in apps like Edjing and Pixel+, ensuring a consistent return that supports both app developers and MWM.In March 2020, MWM SAS secured EUR 20 mn in Series B funding, led by new investor Blisce, which will support the development of new innovative products and expand their market reach. The company is focused on launching updated versions of its existing applications and exploring new markets in Asia by the end of 2022. The funding will also facilitate enhanced marketing efforts and the introduction of additional features to improve user engagement and satisfaction.

## Funding rounds

- Series B, Mar 3, 2020, $21M — Idinvest Partners, Bpifrance Investissement, blisce/, Aglaé Ventures

## Investors

- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B
- blisce/ (https://capitalatlas.ai/funds/blisce) — Series B
- Aglaé Ventures (https://capitalatlas.ai/funds/aglae-ventures-2) — Series B