BeatConnect, a Québec, Canada-based digital collaboration-based music platform, has raised CA$3M (US$2.2M) led by FICC (Fonds d’investissement de la culture et des communications) and its partners. Other participating investors include a network of angel investors like Anges Québec and Triptyq Capital.
The company will use the capital further expand its tool that links multiple DAWs together for cross-platform collaboration and remote sharing sessions. As a result, producers and musicians can work together from their respective home studios asynchronously or in real-time.
Audio creation and collaboration platform
Founded in 2020, BeatConnect has developed a platform that enables musicians worldwide to come together in shared virtual spaces. In addition, the platform allows users to collaborate in real time from their respective home studios.
After installing BeatConnect, musicians and producers can start playing and editing with no extra setup required.
“We’re creating an accessible microcosm,” explains Turbide. “You make something, you share it with everyone, people listen to it and give feedback, and then make something of their own. It motivates users to explore and share their creativity, and it does that in an enjoyable, accessible way.”
“At the root of any great creative piece, there’s collaboration,” says Francois Guy, Angel Investor at Anges Québec. “The music industry has done little to break down the silos that keep their customers captive. Now comes BeatConnect with revolutionary technology enabling creators to collaborate seamlessly, create more, and monetise their content. Their platform will be the destination for all musicians, from amateurs to seasoned professionals.”
“Since its creation in 1997, FICC has offered financial partnerships to Quebec companies involved in the creation, production, and distribution of cultural products and services,” notes General Manager Robert Charpentier and Investments Manager Gilles Labranche. “Over the years, technology has become an increasingly major component of cultural development, and BeatConnect’s fantastic team is at the heart of FICC’s digital strategy. We are proud to have led this financing round and be part of this journey.”
“The music industry has been at the forefront of digital transformation,” says Guillaume Therien, a partner at Triptyq. “From the creation, production, and distribution to monetisation, the business models have been disrupted while the audience has been growing globally and finding new ways to interact with music creators. Triptyq Capital is proud to partner with BeatConnect’s impressive founding team, who are democratising music creation with a playful, collaborative, and disruptive technology.”
