Moombix Secures £1.9MN to launch online music learning platform

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The funding will be used to expand the Moombix marketplace, enhance user experience, speed up customer acquisition, and get ready for a planned entry into the UK, where almost 200 instructors have agreed to teach.

In order to grow its user base, the company intends to draw in competent educators and students from all around the world. Additionally, the team will keep improving the platform's technical infrastructure, which now consists of its in-house video conferencing tool, its efficient payment processing system, and additional digital tools designed specifically for live online music classes.

Frumtak Ventures partner Andri Heidar Kristinsson stated: “Frumtak Ventures is thrilled to support Moombix as the company embarks on its first major global push. Their focus on quality educators, combined with an intuitive platform, positions them to be a leader in the global music education space.

About Moombix

Moombix is a marketplace and a platform tailored to online music lessons. Moombix is an all-in-one solution for online music education that includes a vigorous marketplace with profiles for each teacher.