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BandLab Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023

Social music creation platform BandLab joins the ranks of OpenAI, Disney, Tiffany & Co., and more

SINGAPORE; 2 MARCH, 2023 — BandLab, the social music creation platform that is revolutionizing the music industry, has been included in Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.

BandLab is recognized for its tools that help creators get inspired, make music, and amplify their songs. The Singapore-founded and headquartered company ranked number one in the music sector, and is listed alongside companies like Universal Music Group and Warner Music Group.

This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world. In addition to the World’s 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.

“At BandLab, we believe the future of music is in the hands of creators,” says BandLab CEO & Co-Founder Meng Ru Kuok. “We are honored to receive this award from Fast Company as it highlights our commitment to putting creators first through accessible and powerful tools that are changing the way music is created, shared, and enjoyed.

BandLab was founded in 2015 with a clear mission: to create a world where making and sharing music is available to all. A free-to-use next-generation social music creation platform, BandLab’s suite of tools reach over 60 million creators around the world and has powered hit songs by breakthrough artists like d4vd, ThxSoMch, and Luh Tyler.

Over the past year, BandLab has focused on developing innovative features to support music creators. The company introduced Boost, a new way for users to expand the reach of their profiles or posts on the platform and build an audience. Additionally, BandLab launched SongStarter, an AI-powered tool that generates royalty-free musical ideas to help creators find inspiration and take their music to the next level. The company also recently acquired beat marketplace Airbit, which boasts over a million beats from notable and emerging producers, providing even more ways for creators to generate revenue and earn a living. 

Fast Company’s editors and writers sought out the companies making the biggest strides around the globe. They also judged nominations received through their application process.

The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy.

“What a strange and thrilling year it has been to honor this year’s Most Innovative Companies. This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day, from legacy organizations like McDonald’s to upstarts like MrBeast and institutions such as NASA. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation,” said Fast Company editor-in-chief Brendan Vaughan.

Fast Company will host its third annual Most Innovative Companies Summit on April 19 and 20. The virtual summit celebrates the Most Innovative Companies in business, and provides an inside look at cutting-edge business trends and what it takes to innovate in 2023. Fast Company’s Most Innovative Companies issue (March/April 2023) is available online here, as well as in-app form via iTunes, and on newsstands beginning March 14. The hashtag is #FCMostInnovative.

ABOUT BANDLAB
BandLab’s vision is simple: A future where there are no boundaries to making and sharing music. Founded in 2015, BandLab is the next-generation social music creation platform on a mission to break down the technical, geographic, and creative barriers for musicians and fans. Free-to-use, the mobile-first cross-platform DAW and social network, unites the entire creator journey into one place, boasting a suite of features and tools for creators to make music, share their music with fans, earn a living, and even top the charts.

To find out why over 60 million creators love and use BandLab, visit bandlab.com or sign up for free on the App Store or Google Play. BandLab is the flagship product of BandLab Technologies, which also includes professional-level digital audio workstation, Cakewalk, artist services platform, ReverbNation, and beat marketplace Airbit.

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