M

mandolin

lightning_bolt Market Research

Company Overview



Mandolin is a digital platform designed to enhance engagement between artists, venues, and fans through live music experiences, focusing on livestreaming and AI-driven solutions. Founded by Mary Kay Huse, Robert Meitus, and Steve Caldwell in June 2020, it has quickly become a key player in integrating technology with the music industry.

Leadership Team



  • Mary Kay Huse: Co-Founder and CEO. Huse is recognized for her expertise in both the music and tech domains, having appeared twice on Billboard's Women in Music Top Executives List. Previously, she was Executive Vice President and COO of Salesforce Marketing Cloud.

  • Rohit Rustagi: Co-Founder and COO, essential to Mandolin's technical and operational management.


Business Focus and Key Offerings



Mandolin has pivoted towards AI-driven back-office solutions for infusion centers, embedding AI within existing EHR systems to automate tasks from referral to infusion chair.

Key Offerings:
  • AI Workers: Trained on comprehensive clinical data for back-office task automation within EHR systems.

  • Live+ Platform: A technological feature supporting hybrid live event futures and content amplification across digital platforms.


Financial and Strategic Developments



  • In 2021, Mandolin secured $12 million in a Series A funding round led by 645 Ventures and Foundry Group.

  • The livestreaming platform ceased operations in April 2023, indicating a strategic shift responding to market and technological trends.


Achievements



  • Won Pollstar’s Best Livestreaming Platform award in 2021.

  • Hosted over 1,500 shows, engaging 305,000 fans, thereby acquiring substantial data and analytics capabilities for future endeavors.


Location and Contact Information



  • Headquarters: 169 Madison Ave, STE 2876, New York, NY, 10016

  • Contact Email: info@withmandolin.com


Mandolin is dedicated to leveraging technology to cultivate deeper connections in the music industry, focusing on AI-driven solutions despite recent operational shifts.

Competitor Profiling



Mandolin operates in a competitive industry focused on enhancing live experiences with notable competitors such as Mixhalo, Driift, MyMusicTaste, NetEase Cloud Music, Moment House, and Livestream.

Competitors Overview



  • Mixhalo

  • Location: San Francisco, California

  • Employees: 11-50

  • Founded: 2016

  • Funding: $38.7 million, including a $24 million Series B round.

  • Product: Real-time audio platform for immersive live audio experiences.

  • Notable Partnerships: Collaborations with L-Acoustics for Mixhalo Translate, offering AI-powered interpretation and transcription.


  • Driift

  • Location: London, United Kingdom

  • Employees: 2-10

  • Founded: 2020

  • Funding: $4.5 million from investor Deezer.

  • Product: High-quality livestream event production and promotion with top-tier artists.


  • MyMusicTaste

  • Headquarters: Seoul, South Korea

  • Employees: 54

  • Revenue: $16.3 million

  • Product: Crowdsourcing platform for music and live events enabling fan-initiated local events.


  • NetEase Cloud Music

  • Location: Beijing, China

  • Public Listing: HKEX: 9899

  • Product: Platform for music discovery and interactive community features, focusing on independent artists and young demographics.


  • Moment House

  • Location: Los Angeles, California

  • Employees: 16

  • Funding: $13.5 million over two rounds; recently acquired by Patreon.

  • Product: Digital events platform for creators to deliver ticketed experiences globally.


Strategic Advantages and Market Position



Mandolin's competitive edge is rooted in enhancing live experience technologies; however, the competitive landscape is characterized by rapid innovation in content delivery and audience engagement. Competitors have leveraged substantial funding and formed strategic partnerships to advance their offerings, emphasizing immersive and interactive experiences integral to Mandolin’s market goals.
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