Boomy Corporation, a privately owned US company founded in 2018, develops and provides generative AI tools for music creation. As of 2023, the company employs approximately 30 people and reported revenues of less than $10 million. Its primary focus is on enabling creators to generate original songs using its AI-powered technology.
Shareholders planned to sell a 3.8% stake in Hangzhou Boomy Intelligent Technology Co Ltd via inquiry transfer. Boomy was listed among the top seven startups using generative AI, according to one report. A separate report valued the global market for Generative Artificial Intelligence in Music at US$642.8 million in 2024, projecting growth to US$3 billion by 2030. A digital marketing agency, also named Boomy, operates in Toronto.
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Boomy Corporation offers products in the enterprise tech industry. Boomy Corporation's product portfolio comprises of generative AI.
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Boomy Corporation's revenues were less than $10M in 2023. All the revenue comes from aI content generation.
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