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# Audiodraft Raises $400,000 To Expand Custom Music Marketplace
- URL: https://www.hypebot.com/audiodraft-raises-400000-to-expand-custom-music-marketplace/
- Published: 2013-07-18T08:03:05.000Z
- Updated: 2013-07-18T08:03:05.000Z
- Description: Audiodraft, a platform for brands, video makers and others to commission custom music has closed it's first funding round of $400,000. The investment was led by 500 Startups and Promus. Continue reading [https://www.hypebot.com/hypebot/2013/07/audiodraft-raises-400000-to-expand-custom-music-marketpl
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Tech, Startups & Funding, Dave McClure, Helsinki, Sami Inkinen, San Francisco, TaskRabbit, The Ventures, Timothy Ferriss, Trulia, #wp, #wp-post, #Import 2026-01-21 10:43

[![image from www.audiodraft.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201910448a909970c-150wi "image from www.audiodraft.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201910448a909970c-popup?ref=hypebot.com)

Audiodraft, a platform for brands, video makers and others to commission custom music has closed it's first funding round of $400,000\. The investment was led by 500 Startups and Promus Ventures.

Brands and others who want custom music or sounds list a contest on Audiodraft. (Ths one for [Tim Ferriss of "4 Hour" fame ](http://timferriss.audiodraft.com/?ref=hypebot.com)had a $200 prize) The company charges 10% of the prize plus a $99 listing fee.

With the new funding, Audiodraft is [adding](http://techcrunch.com/2013/07/17/audiodraft/?ref=hypebot.com) advisers including Trulia co-founder Sami Inkinen and TaskRabbit VP Yee Lee. Also expect new hires in San Francisco and the company's home base of Helsinki.

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