●  Majiks · Investor Deck
April 2026 · v2
Majiks

Make music that lives somewhere.

Aaron Stransky  ·  Shafen Khan  ·  April 2026

●  Round open · $3.5M seed

01 · The window

The music industry just hit four inflection points at once.

Quality

4.79vs 4.72

AI quality crossed the line. Open-source ACE-Step 1.5 now beats Suno v5 on SongEval.[149]

Litigation

Sue→License

Per-gen pricing emerged. UMG–Udio (Oct '25) set $0.002–$0.005/gen. Warner settled both (Suno Nov '25, Udio Nov '25). UMG + Sony still litigating Suno; summary judgment motions due Jan 8 2027 (Judge Saylor IV, D. Mass.).[218][316][397]

Streaming

87%

Saturation hit. YoY growth halved (10.2 → 4.8%). 87% of Spotify tracks demonetized. Bandcamp paid $218M direct in 2025 alone.[385]

Infrastructure

$3.9B+

MLC operational. 50M+ songs, 68k+ members. The mechanical-royalty rail for AI music is live — and we're a registered MLC Publisher Member.[339]

AI music crossed the quality line, the labels flipped to licensing, streaming hit its ceiling, and regulation now rewards open + disclosed — all in the same 18 months.

02 · The category exists

AI music is now a permanent commercial revenue line.

Suno: $300M ARR · 2M paid subs · 100M+ users · 7M tracks/day (Feb 2026) — equivalent of Spotify's full ~100M-track catalog every two weeks.[100][114]
Suno YoY ARR growth: 404% — $45M (May '24) → $200M (Nov '25) → $300M (Feb '26).[101][104]
Goldman Sachs base case: AI music direct revenue $400M (2024) → $2.1B (2030), ~30% CAGR. AI sub-segment forecast unchanged in Goldman's June 2025 update.[246]
AI = 0.1% of the streaming royalty pool today. The cleanest "early innings" framing on the market.[246]
ElevenLabs: $11B post-money, Feb 2026. Sequoia-led Series D — 10× valuation in 25 months. The audio-AI comp is hot.[210]
UMG–Udio (Oct '25), WMG–Suno + WMG–Udio (Nov '25). Per-generation royalty template established at $0.002–$0.005, attribution-weighted. UMG and Sony continue litigating Suno; Sony alone vs Udio. The template exists; the holdouts are using it as a negotiating floor.[110][218][316]
Suno hit #1 on Apple App Store music apps in April 2026 — surpassed Spotify in downloads. AI music is no longer a niche. It's a top-of-the-charts consumer category.[Forbes 2026-04-30]
Deezer: 75,000 AI tracks uploaded per day = 44% of total daily uploads (Apr 2026). But 85% of streams on AI-generated songs were deemed fraudulent in 2025 — and AI music is still only 1–3% of actual consumption. The flood is real; the listener pull-through isn't, yet.[Forbes 2026-04-30]

The fair-use question is being resolved with cash, not lawsuits.

03 · The opening

Suno is the leader. Suno is also stuck.

01 · Ownership

ToS disclaims copyright vesting.

"Suno makes no representation or warranty to you that any copyright will vest in any Output."[106]

02 · Retention

~25%

30-day subscriber retention. 75% churn within first month.[115]

03 · Cost structure

GPU spend exceeds payroll.

Compute cost trajectory trends opposite consumer-subscription scaling. Local-first inference is the inverse curve.[104]

04 · Label capture

Post-Warner restrictions.

Free-tier downloads off-platform now restricted; paid required for any commercial distribution. Each label deal narrows flexibility.[109]

Engine quality has commoditized. Open-source ACE-Step 1.5 now beats Suno V5 on SongEval (4.79 vs 4.72). The horizontal generator's job is done. Value moves to the layer above.[149]

Even Suno's CEO Mikey Shulman says it: "Suno's key differentiator isn't the model itself — it's the product that keeps users coming back." The incumbent admits the engine is commoditized.[Forbes 2026-04-30]

04 · The alternative

There's an open path the labels can't capture.

ACE-Step (ACE Studio + StepFun, lead author Junmin Gong) is the open-source SOTA music foundation model. MIT-licensed. Native Apple Silicon. Disclosed dataset. This is not a copy of Suno. It's a different ownership model.

License

MIT

Most permissive serious music model in existence. Commercial use built in.[118]

Adoption

47K/mo

Hugging Face downloads · 9.8K GitHub stars · 1.2K forks (v1.5).[118][120]

Speed

<2s

/song on A100 · <10s on RTX 3090 · 27.27× RTF on A100, 2.27× on M2 Max.[117][118]

Compliance

Disclosed
training data

Licensed + royalty-free + synthetic. Trivially clears EU AI Act Art. 53(1)(d).[118][362]

Industry consensus on the 5-year shape: licensed players (Suno, KLAY) own Top 40 + sync; open + local owns the verticals — kids, wellness, news, education. Whoever builds the canonical product on top of ACE-Step is the Hugging Face of music.

We're the only AI music company whose investment thesis doesn't have a court case pinned to it.

05 · The product

Make music that lives somewhere.

Suno hands you a URL. Majiks hands you 12+ destinations with a single publish action.

One publish → FLAC master · 256k M4A · 128k stream · artwork · metadata · ISRC · Chromaprint fingerprint · SHA-256 provenance cert
Creator owns the master forever — no subscription required. Open-source model running on creator hardware. The file is yours, in commercial perpetuity.
Listener owns the file — $1/song on .online. Downloaded, owned, no monthly subscription required.
0% platform fee on personal licenses. 100% to the artist. The bank is not the bouncer.
90/10 commercial split. Industry-standard 10% admin, 90% to creator. Compare: Spotify $0.003/stream, Epidemic composer buyout.

This is the economic model that survives in a world of infinite AI music.

06 · The ecosystem

One royalty rail. One identity. Eight surfaces.

Studio

Native macOS creator suite. ACE-Step + MLX, local. Studio Bridge → ecosystem.

● Production v2.0.0

Online

Publishing + listening. $1/song. Listener owns file. ISRC + fingerprint + cert auto-stamped.

● Production v5.5.0 · 756+ tracks · 21 artists

Music

Free browser-native generator. ACE-Step API + WebGPU LLM in-browser. Files local.

○ Pre-launch v0.4.1

Media

Rights spine + sync licensing. ISRC mint, indemnified sync, AI brief-matching.

● Active dev · live at media.magicunicorn.dev

News

AI-native music culture + behavioral feed. TikTok-style discovery. Content decay.

○ In development

Kids

AI music for early learning. COPPA + FERPA from day 1. Clean-rights ACE-Step stack.

○ In development

Academy

D2C creator education — songwriting, production, AI-augmented creation. Self-paced.

○ Planned

Training

B2B + corporate creator training. Multi-seat. Certifications. Education partners.

○ Planned

Suno generates a song. Majiks generates a song and gives it a home in 8+ properties.

07 · Already shipping

This isn't a roadmap. It's a status report.

756+

Public tracks live · majiks.online

21

Artist profiles · human + AI

800

Songs in one night · single Mac

629

Tests passing · 285 Rust + 344 Python

3.5×

.online MoM session growth · Apr 2026 · zero ad spend

4.6×

.studio MoM session growth · Apr 2026 · zero ad spend

503

Lifetime DMG download intents · majiks.studio

10+

Countries reached organically · 30 days

v5.5.0 Online · v2.0.0 Studio Pro ★

Notarized · code-signed · 655 MB DMG on Backblaze B2 · GitHub is the #1 organic referrer (178 hits/30d)

Production: .online · .studio · .media   ·   Pre-launch: .music ★

Federated on Unicorn Commander · Keycloak SSO · Umami + Prometheus · 4 lifetime checkout/success events (real paying flow)

800 songs in one night on a single Mac through the production pipeline. 3-5× MoM organic growth on the public sites — zero marketing spend.

08 · The wedge

Three moats. Each with documented receipts.

01
Regulatory
Approved ISRC Registrant. MLC Publisher Member. Active SoundExchange payee (PAYEE 2181216211). ISRC Manager wholesale-tier application filed 2026-03-21 — approval converts Majiks from retail issuer to registry of registries ("DNS for AI music").
02
Indemnified sync
ACE-Step's disclosed-dataset lineage + auto Chromaprint + SHA-256 provenance certs make E&O underwriting cleaner than Suno (whose ToS disclaims copyright vesting). Compete with Epidemic ($181.6M rev, $13.9M EBITDA 2024)[611] without their composer-buyout model.
03
ACE-Step partnership
Active since 2026-03-26 with founder Junmin Gong. Aaron listed as Partner on ACE Music + GitHub. Day 1 access to ACE-Step-1.5-XL. ACE-Step team recommended Majiks transition to MLX — we are the reference Apple Silicon implementation.

Code can be copied. Authorized-registry status takes years to earn.

09 · The market

$31.7B today. ~$200B by 2035.

$31.7B+6.4% YoY
Global recorded music · IFPI Global Music Report 2026 prelim[237]
752M+10.6% YoY
Paid streaming subscriptions globally[236]
$13.6B+7.2% YoY
Music publishing collections · CISAC 2024[241]
$5.9–6.8B→ $9.7–12.9B by 2030
Sync licensing ecosystem · 8–9% CAGR[245][256]
$400M→ $2.1B by 2030 · ~30% CAGR
AI music direct revenue · Goldman Sachs base case[246]
0.1%of streaming royalty pool today
AI's current share — the cleanest "early innings" framing[246]
~$200B2035 forecast
Total music industry · Goldman Sachs June 2025 update[246]

Even with a more conservative industry view in Goldman's June 2025 update, AI's share is on track. Early innings.

10 · Position

The map. We're not in any of the others' boxes.

Player Last round Valuation ARR Structural ceiling
Suno Series C $250M · Nov 2025 $2.45B $300M 25% retention · ToS disclaims copyright · WMG capture
Udio Seed $10M · Apr 2024 (a16z) undisclosed undisclosed UMG capture (Oct 2025 settlement)
ElevenLabs Series D $500M · Feb 2026 $11B ~$200M Audio AI broadly, not music-specific
Epidemic Sound EQT/Blackstone follow-on · 2024 $1.4B $181.6M (+29%) Composer buyout · subscription stock · no AI-on-demand
KLAY private (~$11.2M agg) undisclosed private All 3 majors signed — but NOT a generator (remix layer)
Majiks Seed open · $3.5M $30M post early Publishing ecosystem · open + indemnified sync · approved registry

ElevenLabs is the right comp for audio-AI valuations. Suno is the right comp for music outcomes. Majiks is in neither lane — it's the publishing layer above.

11 · The plan

$3.5M seed. 18-month runway. Eight verticals lit up.

46%$1.6M

Engineering

3-4 senior eng for 18 months. Cross-platform .music, .news production launch, .kids scale, ISRC Manager rails, mobile apps, ACE-Step XL launch readiness.

20%$700K

Marketing + advertising

Reach artists, listeners, sync customers. Influencer partnerships, content marketing, B2B for .academy/.training, Justin Mink-tier intros at scale.

11%$400K

Catalog + creator acquisition

Seed first 5K catalog artists; 50K+ ecosystem accounts. Signature character development. Partner artist deals.

11%$400K

Rights + regulatory

ISRC Manager wholesale tier filing + counsel. MLC integration. E&O underwriting for .media sync. NO FAKES Act compliance prep.

9%$300K

Founder + ops runway

Aaron + Shafen + 1-2 ops for 18 months. Currently $0 burn — first dollars-in unlock the team.

3%$100K

Reserve

Variance buffer. Opportunistic spend for partnership velocity, model upgrades, or distribution windows.

This isn't to build the product. It's already built and shipping. This is to scale the publishing-administration registry across all 8 verticals before the window closes.

12 · The ask

$3.5M seed at $30M post-money.

$3.5M

Round size · Seed

$30M

Post-money valuation

~12%

Dilution · 18-month runway

★ 18-month milestones · phased

Months 0–6 (Phase 1):  MLC DPID active  ·  ISRC Manager approved  ·  .media first revenue  ·  1K paying accounts

Months 6–12 (Phase 2):  ISRC Manager issuing  ·  .kids + .news launched  ·  .music cross-platform DAW  ·  ACE-Step XL

Months 12–18 (Phase 3):  5K+ artists  ·  50K+ ecosystem accounts  ·  25K+ ISRCs issued  ·  50+ sync customers  ·  Series A close

Benchmarks: Mozart AI hit 100K users to land $6M seed (Feb '26). Suno reached 100M+ users in 30 months. Bandcamp has 5M artists; DistroKid has 2M+. Our 5K is catalog uploaders, not signups — meaningful traction at our stage. Full integrated master schedule + spend plan available in the data room.

Seed-stage AI music comps (2024–2026): Mozart AI $6M seed @ ~100K users (Balderton, Feb '26) · Vermillio $7.5M seed → $16M Series A (Sony Music led, Mar '25) · Musical AI $4.5M (Heavybit, Jan '26) · Udio $10M seed + ~$60M Series A @ $200M+ post (a16z, '24).
Late-stage trajectory comps: Suno $500M (May '24) → $2.45B Series C (Nov '25) on $200M ARR · ElevenLabs $1.1B → $11B in 25 months. Capital is flowing into audio-AI.
Our $30M post is justified by: working multi-product platform live in production (no MVP risk) · formal foundation-model partnership (ACE-Step) · approved registry status (ISRC Registrant · SoundExchange Member · MLC Publisher Member) · $0 burn since inception.
And by speed-to-position: we are 18 months ahead of any competitor on the publishing-ecosystem play. First-mover wins the registry.

First-movers in this rebuild own the registry, the verticals, and the ownership economics for the next cycle.

13 · Who's building it

Founders. Built and shipping.

Co-founder · CEO, Magic Unicorn

Aaron Stransky

Apple Silicon + ML systems specialist · Builds the infrastructure

Builds the infrastructure (Unicorn Commander) and the creator suite — Studio, Art Studio, Songwriter. Ships notarized macOS, iOS, Android, Linux, web. ACE-Step's recommended Apple Silicon reference. The thing actually exists because Aaron builds it.

Co-founder · President, Majik's Studio

Shafen Khan

ACE-Step partnership owner · B2B distribution · Frisco, TX

B2B distribution and MSP background (Genesis Flow Labs). Owns the ACE-Step relationship with Junmin Gong. Drives partnerships, distribution, and go-to-market. The deals get done because Shafen is making them.

▲  Parent   Magic Unicorn Unconventional Technology & Stuff Inc  ·  Powered by  unicorncommander.com  (federated AI substrate)   ▲

[email protected]
majiks.io/investors  ·  book a meeting with us
Make music that lives somewhere.
●  Thank you · April 2026