[3][4] In 2016, Splice introduced Rent-To-Own, which allowed users to pay a monthly fee to access premium products like synths.

The model enabled users to put their rental balance toward the ownership cost and own the product outright or move on to a new program without paying the full market price.

[9] In May 2022, Steve Martocci stepped down as CEO and transitioned to the company's executive chairman and chief strategy officer.

Splice raised an additional $4.5 in funding from a Series A round led by True Ventures with participation from Scooter Braun, Tiësto, Steve Angello, AM Only, WME, Plus Eight Equity Fund LP and existing investors including Union Square Ventures in 2014.

In February 2021, Splice raised a $55 million series D round led by Goldman Sachs, with additional participation from the venture firm Music.

Other notable Top 40 hits to feature Splice samples include Ariana Grande's “Break Up With Your Girlfriend, I’m Bored,” Lil Nas X's “Panini,” Dua Lipa's “Don’t Start Now,” Bad Bunny's “Dakiti” and Shane Codd's "Get Out My Head".

The Verge stated, "Justin Bieber was accused of stealing a melody, but it’s actually a royalty-free sample you can buy online.