Instrumental, founded in 2013, is a UK-based company that leverages data to drive innovation in the music industry. Its mission is encapsulated in its slogan: "Helping record labels scale." The company operates at the intersection of multiple high-growth industries, including AI, B2B, Entertainment, Music, Streaming, and Machine Learning.
Instrumental is dedicated to empowering the global independent artist and label sector by offering cutting-edge products and services tailored to their needs. This focus positions the company well to capitalize on the growing shift towards independent music production and consumption in the digital era.
The company's last financing round took place on 28 March 2018, securing a £3.00M Venture Round investment. The round saw participation from notable investors such as Blenheim Chalcot, Digital Venture Builder, and Bill Roedy. These strategic partnerships underscore confidence in Instrumental's potential within the burgeoning music tech space.