Opus1.io secures growth capital from Five Elms Capital to expand its platform and empower performing arts schools worldwide.
Investment Announcement
PALO ALTO, Calif., June 25, 2024 /PRNewswire/ – Opus1.io, the leading end-to-end practice management platform for lesson- and class-based performing arts businesses, announced today a strategic investment from Five Elms Capital, a global growth equity firm specializing in software. This investment will fuel Opus1’s continued product innovation and expansion, helping performing arts professionals operate and grow their businesses with greater efficiency.
Mission and Platform Impact
Opus1 exists with one mission: to give performing arts schools the tools to spend less time running their business and more time inspiring students. Our platform streamlines every aspect of operations—scheduling, booking, staffing, marketing, invoicing, and payments—into one modern, easy-to-use system. Since founding Opus1 in 2019, CEO Sam Lellouche has been committed to solving the operational challenges he faced firsthand while running his own music school.
“In the last 18 months, our growth has been exponential,” said Lellouche. “The feedback from our customers has been overwhelmingly positive, and we are proud to have such a meaningful impact on an industry we care so deeply about. With Five Elms’ support, we’ll continue investing in our product while accelerating growth into new markets.”
Scaling Operations and Community Support
With over 175,000 monthly users worldwide, Opus1 serves performing arts schools of all sizes. This partnership with Five Elms enables immediate expansion of our customer service and product development teams to better serve our growing community.
“Performing arts schools face increasing complexity as they scale from one instructor to many,” said Austin Gideon, Principal at Five Elms Capital. “Opus1 helps them reduce administrative work so they can focus on inspiring students. The company has proven itself as a premier end-to-end solution for the performing arts industry, and we’re excited to help expand their reach into new verticals.”
New Product: Opus1 Plus
Opus1 recently introduced Opus1 Plus, a growth-focused solution for studios ready to scale. Featuring advanced reputation management, sales pipeline tracking, and predictive retention tools, Opus1 Plus empowers business owners to anticipate and address challenges—like student cancellations—before they happen. Its marketing capabilities put the expertise of a chief marketing officer into the hands of every studio owner.
“Opus1 has been an advocate for performing arts education businesses from the very beginning,” said Rory Cain, Head of Sales at Opus1. “Our partnership with Five Elms Capital allows us to strengthen that commitment, helping owners grow their impact in their communities through both our flagship platform and Opus1 Plus.”
About Opus1
Opus1 began as a disruptor in the music school software space and has grown into the leading provider of end-to-end technology solutions for performing arts academies worldwide. Built by performing arts studio owners for performing arts studio owners, Opus1 is designed to manage customers, staff, services, schedules, invoices, and payments—all in one place. Our platform supports both individual and class-based learning. Learn more at opus1.io.
About Five Elms Capital
Five Elms Capital is a global growth equity firm investing in fast-growing B2B software businesses that users love. Since 2007, Five Elms has partnered with more than 65 software platforms, providing over $2.4 billion in capital and resources to accelerate growth. Learn more at fiveelms.com.
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