EdTechInvestment

Moombix, a music education platform, has closed a seed funding round of over £1.9 million to launch and enter the UK market.

Moombix enables adult hobbyists and those with professional aspirations to have one-on-one online classes with expert teachers – offering instrument learning, voice coaching, DJing, as well as production and publication.

The round was led by Iceland’s Frumtak Ventures with participation from angel investors. It will be used to scale the marketplace and accelerate customer acquisition as well as the strategic launch into the UK, a territory in which it already has nearly 200 teachers signed-up to offer classes.

Moombix was founded by professional musician and entrepreneur Margret Juliana Sigurdardottir, who has performed with fellow Icelanders Björk and Sigur Rós. Moombix is her second MusicTech startup, which she founded in 2022 after successfully exiting from Mussila. 

Its approach is described as a lifestyle, encouraging adults to pursue their passion for personal growth and fulfilment, much like learning a language or practising yoga. Traditional music education often presents challenges such as location, scheduling and access to specialised skills, especially for those with busy lifestyles. 

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Moombix teachers already include respected musicians such as Grammy-nominated British singer-songwriter Richard Bedford, Andrew Morgan, long-term collaborator with Neil Davidge of Massive Attack and global music lecturer, and Steve Riggs, a DJ and producer who has worked with Sony, Armada Music, and deadmau5.

The team will also continue to develop the platform’s technical infrastructure – which already includes its proprietary video conferencing tool, its streamlined payment processing system and other digital tools that are tailored for live online music lessons.  

“As an experienced professional musician and music teacher, I’ve witnessed first-hand how difficult it can be to access flexible, high-quality music lessons,” said Sigurdardottir. 

“Traditional lessons are designed for school-age children, which leaves adults with limited options. Moombix changes that. We’re not just offering lessons; we’re making music education a lifestyle choice – something that can fit seamlessly into your day, just like a yoga class or any other hobby. 

“We’re excited to embark on the next step of our journey, building a global community of music enthusiasts, where aspiring musicians can connect with expert teachers from all around the world, anytime, anywhere. 

“Frumtak Ventures’ support is invaluable as this funding will help us not just grow but engage both teachers and users, as well as establish Moombix as the go-to platform for music education worldwide.”

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