Uppbeat has completed a £4.6m funding round, as the Leeds company seeks to become the ‘ultimate music platform’ for content creators.
The Series A funding comes just a year after it was launched out of Music Vine by Lewis Foster and Matt Russell.
The platform, which to date, has 500k users, provides content creators with a “worry-free solution” to sourcing music and sound effects without copyright issues.
“Since launching Uppbeat, the response from the creator community has been truly incredible. Their positivity & feedback have pushed the platform to where it is today and it’s thanks to them that we’ve been able to secure this incredible investment as we enter an exciting new chapter for Uppbeat,” said Lewis Foster, CEO, Uppbeat.
“We believe this investment is not only a gamechanger that will help fund Uppbeat’s ambitious growth strategy, but also an exciting moment for the creator community & a huge milestone on our path to giving everyone the freedom to create.”
The investment will be used to improve the platform, with new communal features to curate and share playlists. It will also be adding further visual and audio assets to become a “one-stop-shop for YouTubers and other social media content creators.”