Company Overview
Snapshot
Founded in July 2016 by Tarek Issa and Bilal Issa, Lofic operated with 1–10 employees. The company ceased operations in January 2023.
Business overview
Lofic develops a collaborative music creation platform leveraging advanced artificial intelligence and machine-learning algorithms. The company's core technology connects musicians to facilitate user-generated music, serving the digital content engagement and entertainment sectors. Lofic operates within the Media & Entertainment Technologies sector, targeting consumers, particularly musicians, and also engaging with enterprise and professional service providers.
Company Intelligence Q&A
- What is Lofic's primary business model?
- Lofic operates on a B2C business model, focusing on direct engagement with individual consumers.
- Which markets does Lofic target?
- Lofic targets geomarkets including Europe, the United Kingdom, and the United States.
- Who are the founders of Lofic?
- Lofic was founded by Tarek Issa and Bilal Issa. Bilal Issa is no longer with the company.
- What is Lofic's current operational status?
- Lofic ceased to operate in January 2023 and is currently non-active.
- What core technologies does Lofic utilize?
- Lofic utilizes artificial intelligence and machine learning algorithms to power its collaborative music creation platform.