# Tonebase

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

- Industry: Education/Training
- Headquarters: Los Angeles, US
- Website: www.tonebase.co
- Total disclosed funding: $4M
- Latest round: Seed (Jul 1, 2021)
- Investors on record: 5

## About

Tonebase, Inc. is an online platform dedicated to classical music education, offering thousands of lessons and resources led by esteemed instructors, including GRAMMY-winning artists, for musicians at all skill levels.Founded in 2017, Tonebase, Inc. is based in Los Angeles, US, specializing in online classical music education. The founders, Chris Garwood and Igor Lichtmann, have aimed to create a comprehensive resource for musicians to enhance their skills. The company has raised a total of USD 1.50 mn, with its latest funding round being a Seed round of USD 1.50 mn from investors including Graph Ventures and LAUNCH. The most recent deal occurred on April 27, 2022.Tonebase specializes in providing high-quality online classical music education through a comprehensive platform featuring thousands of lessons, courses, and interviews with distinguished instructors, including GRAMMY-winning artists. Their core offering includes a diverse range of content aimed at musicians of all skill levels, covering repertoire, music theory, and technical skills. The platform serves over 25,000 active members, primarily individual musicians looking to enhance their playing abilities through virtual masterclasses, community feedback, and improvement challenges, accessible 24/7 from any device across North America, Europe, and parts of Asia.Tonebase generates revenue primarily through subscription-based models, allowing users access to its educational content library. Members can enroll in monthly or annual subscription plans, providing unlimited access to lessons and community engagement. The pricing structure caters to both casual enthusiasts and serious musicians, and revenue is supported by partnerships with educational institutions and music organizations that utilize Tonebase for their curriculums, as the firm commits to democratizing high-quality music education.Tonebase plans to leverage its recent funding from April 2022 to support upcoming product launches and enhance its platform's offerings. The company aims to expand into new markets, targeting regions in Europe and Asia by the end of 2023. The funding will also facilitate the development of new instructional content and features to better serve its growing user base.

## Funding rounds

- Seed, Jul 1, 2021, $1.5M — Graph Ventures, LAUNCH, The Syndicate Group
- Seed, Jul 1, 2019, $2.5M — Headline, Venrex, LAUNCH

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Seed
- Venrex (https://capitalatlas.ai/funds/venrex) — Seed
- LAUNCH (https://capitalatlas.ai/funds/launch) — Seed
- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- The Syndicate Group (https://capitalatlas.ai/funds/the-syndicate-group) — Seed