Strofe

Strofe

Make your own music with AI in just a few clicks | No experience required

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Form C
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Security Type
CAFES
Min Investment
$100
Location
Portland, OR
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.00M
No. Investors
20
Security Price
$1
Website
strofe.com
Number of Employees
3
Cash
$93,946
Revenue
$280
Short Term Debt
$9,060
Cost of Goods
$22
Long Term Debt
$0
Net Income
$37,729

Key Deal Facts

πŸ† Backed by Stanford's StartX community, where 92% of companies are still growing or acquired
πŸ¦„ 1 in 28 StartX companies become a $1B+ Unicorn
πŸ“ˆ 120,000 users since launch last year
πŸ”₯ 70k+ users found us via word of mouth
πŸ’₯ Positioned to be the go-to music tool for 100M+ Content Creators globally
🎯 On a clear strategic track to $2M ARR by Series A in 2 years
🎡 Proprietary Music Engine generates unique music every time.

Management Team / Advisory Board Bios

Alejandro Di Mare CEO & Co-founderAlejandro was the first engineer at Edmodo and built the ed-tech Giant up from 0 to 200M users globally. He's also a conservatory trained musician with an expertise in Jazz., Byron Walker President/COO & Co-founderStudied Music Technology with the literal inventors of electronic music at Stanford & pioneering researcher in Algorithmic Composition David Cope at UC Santa Cruz. As a music teacher he hopes Strofe helps to inspire more people to pursue music.
Amount Raised : $52,700
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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