What is ROLI?
ROLI is dedicated to democratizing music creation, making it accessible to everyone through its innovative ROLI BLOCKS and NOISE modular system. These products enable users to shape music via intuitive gestures on connected devices. The company is also known for its award-winning Seaboard RISE and Seaboard GRAND instruments, which represent a significant evolution of the piano keyboard, offering new avenues for musical expression. These instruments have garnered acclaim from renowned artists, signaling ROLI's impact on both professional and amateur music-making through its expanding portfolio of Connected Music products.
How much funding has ROLI raised?
ROLI has raised a total of $39.8M across 2 funding rounds:
Series A
$12.8M
Series B
$27M
Series A (2014): $12.8M with participation from Balderton Capital, Index Ventures, FirstMark Capital, and Universal Music
Series B (2016): $27M led by BGF Ventures and Foundry Group
Key Investors in ROLI
BGF Ventures
BGF Ventures is a prominent UK and Ireland-based equity investor specializing in providing long-term, minority capital to growing companies. They focus on supporting entrepreneurs and management teams to drive sustainable growth in early-stage to established SMEs.
Foundry Group
Foundry Group is a venture capital firm that invests in early-stage information technology, Internet, and software startups. They leverage their entrepreneurial experience and industry expertise to help founders build successful companies.
Balderton Capital
Balderton Capital is a London-based venture capital firm that invests in early-stage, high-growth technology companies across Europe, often leading Seed and Series A rounds.
What's next for ROLI?
With substantial enterprise-level backing and a recent strategic investment, ROLI is well-positioned for its next phase of growth. The company's focus on an integrated ecosystem of hardware and software suggests a strategy aimed at deepening user engagement and expanding its market reach. Future developments are likely to center on enhancing the capabilities of its modular music system and potentially exploring new interfaces or platforms that further lower the barrier to music creation. The sustained investor confidence indicates a strong belief in ROLI's vision to innovate within the music technology sector and its potential for significant market penetration.
See full ROLI company page
