"On Wednesday, Airbuds is announcing its raise of $5 million in funding from early-stage venture capital firm Seven Seven Six, founded by Reddit co-founder Alexis Ohanian. The startup has seen over 15 million app downloads up to this point, and has 5 million monthly active users, 1.5 million of whom launch the app daily. For users, the app offers a way to socialize and connect with their friends, engage in self-expression, and discover new tunes, all in one place."
"Apple has tried and failed multiple times to integrate a social experience inside its music apps. That effort began with its disastrous music social network Ping, which closed down in the early 2010s, and was followed by a revamped attempt known as Connect, aimed at connecting artists and fans. (Connect also didn't last.) Spotify, meanwhile, has been working to make its music streamer a more social app with additions like its TikTok-inspired feeds, comments, polls, and Q&As for podcasts."
Airbuds is a San Francisco-based mobile social app that lets people express themselves through shared music and a smartphone widget compatible with multiple streaming services. The company raised $5 million from Seven Seven Six, founded by Alexis Ohanian. Airbuds has over 15 million downloads and 5 million monthly active users, with 1.5 million daily app launches. The app enables socializing, self-expression, and music discovery among friends. Large music platforms like Apple and Spotify have attempted social features but have not established a dominant social network in their music products. The co-founders have iterated on product ideas over time.
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