Fretello – On the way to the top

Once again, European Super Angels Club can proudly announce a new investment in their Portfolio.
Fretello, an Austrian startup has attracted considerable attention in the music industry with their guitar teaching app.
Their concept proved to be successful –   Fretello could secure around EUR 3 million investment from the European Super Angels Club, the Finnish venture capital fund Sparkmind, Tractive co-founders Michael Tschernuth and Michael Lettner, and the OÖ HightechFonds.
Before that, Fretello has already convinced other top investors like Runtastic co-founder Alfred Luger, Pioneers Ventures II from startup300 as well as the business angels Christiane Holzinger, Chris Wildmoser, Hermann Futter and Klaus Dirnberger.

The fresh capital will be primarily used to expand the learning services and to form partnerships in the global music trade.

“When people buy their first guitar, mostly they don’t know if it is the right fit for them or how to play .” CEO Lettner said. “Our goal is to provide musicians with a tool tool and guide them throughout the learning process .” Fretello has already proven that the concept works – a pilot project with a music wholesaler has already been successfully rolled out.