Strofe (Community Round)

Traction: Strofe has achieved 58 Net Promoter Score (NPS) from users and a 38% must-have score. Over 50% of the platform's growth is attributed to word-of-mouth referrals. The company has acquired 70,000+ users through organic discovery and is on track to profitability with a cost per user of less than $0.08.
ARR: $2,000,000,000,000
Organizations Involved: Stanford's StartX community, Edmodo, UC Santa Cruz
Founders: Alejandro Di Mare, Byron Walker
Company Description: Strofe is an AI-powered Music creation platform for Creators, aiming to address the challenges of music copyright and enable individuals to engage in music creation without prior experience. The platform offers generative music that adapts to user needs, providing a unique and customizable music experience. Strofe has a clear strategic track to achieve $2M in Annual Recurring Revenue (ARR) by Series A in 2 years.
Market: Music
Location: Palo Alto, CA, US
Coinvestors: Stanford's StartX community