Highnote Secures $2.5M from Dropbox Ventures to Expand AI-Powered Audio Collaboration Platform
Music collaboration startup Highnote has secured $2.5 million in funding, led by Dropbox Ventures, to enhance its audio workflow platform with AI capabilities.
Highnote and Dropbox logos combined
Founded in 2022 by industry veterans including Songtrust's Paulina Vo, Spotify/Splice's Chris Muccioli, and CEO Jordan Bradley, Highnote offers comprehensive audio collaboration features including:
- Lossless streaming
- Timestamped commenting with voice notes
- Group chat functionality
- File version management
- Secure cloud storage
- Seamless Dropbox integration
The platform provides flexible pricing tiers from free (15 tracks/50GB storage) to $30/month for unlimited tracks and 5TB storage.
The funding round includes participation from existing investors Afore Capital, Character Capital, Brooklyn Bridge Ventures, and Precursor Ventures, along with new angel investors from Figma, Atlassian, Abstract, and Dropbox.
Highnote plans to use the funding to develop AI-powered features including:
- Comment summarization
- Tone analysis
- Creative recommendations
The company recently launched Dropbox integration on October 15th, allowing users to open audio files directly in Highnote, with a full two-way integration planned for November 2024.
CEO Jordan Bradley emphasized the funding's importance in accelerating their AI and collaboration capabilities, noting that "as AI accelerates content creation, content collaboration is at an all-time high."