How Much Did Splice Raise?
Funding & Key Investors

Splice has established itself as a cornerstone of the modern digital music production landscape, securing a total of $154.8M in capital to date. The company's trajectory, marked by a series of strategic financing rounds, culminated in a major strategic investment of $55M during its Series D round in 2021. This infusion of capital underscores the firm's pivotal role in providing essential infrastructure for over two million creators, ranging from bedroom producers to industry-leading hitmakers.

Since its inception in 2013, Splice has successfully navigated multiple growth phases, moving from initial seed backing to large-scale enterprise-level funding. This consistent support from top-tier venture capital firms reflects the market's confidence in the company's vision of an open, collaborative music ecosystem.

What is Splice?

Splice
SoftwareMultimedia, Games & Graphics SoftwareContent & Collaboration Software

Splice is a transformative technology platform that redefines how musicians create, connect, and collaborate. By offering a comprehensive, browsable library of high-quality samples and pioneering rent-to-own plugin models, the company has effectively lowered the barrier to entry for professional-grade music production. The platform serves as a vital creative hub, enabling artists to overcome technical hurdles and maintain their creative flow. With a focus on predictive technology, Splice anticipates the evolving needs of the global music community, ensuring that its tools remain at the forefront of the industry. Its market position is solidified by a robust user base that relies on its integrated services to streamline the production process and foster artistic progress.

How much funding has Splice raised?

Splice has raised a total of $154.8M across 5 funding rounds:

2013

Angel/Seed

$2.8M

2014

Series A

$4.5M

2017

Series B

$35M

2019

Series C

$57.5M

2021

Series D

$55M

Angel/Seed (2013): $2.8M with participation from Union Square Ventures, Lerer Hippeau Ventures, True Ventures, SV Angel, First Round Capital, and CODE Advisors

Series A (2014): $4.5M led by William Morris Endeavor Entertainment, LLC, True Ventures, Plus Eight Equity Partners, Union Square Ventures, and AM Only

Series B (2017): $35M supported by Union Square Ventures, True Ventures, DFJ Venture Capital, and Flybridge Capital Partners

Series C (2019): $57.5M featuring Founders Circle Capital, LionTree, Draper Associates, Union Square Ventures, Matt Pincus, Flybridge Capital Partners, True Ventures, and Lerer Hippeau

Series D (2021): $55M backed by GS Growth Partners

Key Investors in Splice

Union Square Ventures

Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes.

True Ventures

True Ventures is a founder first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance and a strong community.

Lerer Hippeau

Lerer Hippeau is a venture capital firm focused on investing in innovative startups, particularly in the early stages such as Seed and Pre-Seed rounds.

What's next for Splice?

With the backing of major strategic investment, Splice is well-positioned to further scale its operations and deepen its impact on the global creative economy. The company's focus remains on expanding its suite of tools and enhancing the collaborative features that define its platform. As it moves beyond its Series D milestone, Splice is expected to leverage its significant capital reserves to explore new frontiers in music technology, potentially integrating more advanced AI-driven features and expanding its reach into emerging markets. By maintaining its commitment to an open ecosystem, the company is poised to continue setting the standard for how music is produced and shared in the digital age.

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Frequently Asked Questions Regarding Splice Financial Insights

What are the most recent funding rounds that Splice has completed, and what were the funding rounds?
Splice has recently completed 3 funding rounds: Series D on Feb 22, 2021, Series C on Mar 20, 2019, Series B on Dec 14, 2017.
What is the total amount of funding Splice has raised to date?
Splice has raised a total of $154.8M in funding to date.
How many funding rounds has Splice completed?
Splice has completed 3 funding rounds.
How much funding did Splice raise in its most recent funding round?
Splice raised $55M in its most recent funding round.
Who are the lead investors in Splice's latest funding round?
The lead investor in Splice's latest funding round was GS Growth Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Splice's history?
The largest funding round in Splice's history was $57.5M.
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