Tracxn - Music Tech Sector Landscape Report

Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Music Tech - Apr 2019
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
TAKE SHARPER DECISIONS
WITH TRACXN
✓ Analyst team Covering 250+ Sectors
✓ Proprietary Business Model tagging
✓ 6000+ On-demand Queries answered
✓ Sector Reports, Market Maps
✓ One-Click Connect with Founders
Join 500+ Investors & Corporates to get the
Tracxn Advantage

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News

Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on April 16, 2019.
Music Tech Feed Summary
4
Music Tech > Feed Summary
Online platforms which help in creation, distribution, and consumption of music.
• Inclusions: Online companies which help in music
consumption like music streaming platforms, music
buying platforms, live music platforms, and sing&share
applications. Online first companies which enable artists
in managing distribution, royalties, rights and related
services. Companies which help in music creation: DJing,
mixing, collaboration, karaoke, and sharing platforms.
• Exclusions: Media houses, publishers, labels,
broadcasters are not included. Does not cover offline first
speaker, earphone, and music instrument manufacturers.
• Excludes funding information of Chinese companies
Feed in Numbers
Overview
$6.6B
Funding
17
Mega
Companies
5162092
FundedCovered on
Tracxn
5
Unicorns
16
Soonicorns
17
Minicorns
9
IPO’d Cos
148
Late Stage Cos
37
105
Acquisitions
438
DeadPooled
2
Acquihired
Series A+ Cos
Pandora
(2000, Webster, $56.1M)
Shazam
(1999, London, $140M)
Spotify
(2006, Stockholm, $2.1B)
Top Companies

Investment Trend Summary
Summary of Funding Activity in Music Tech
5
$187M - Series F
Deezer (2007, Paris, $445M)
$54M - Series F
Smule (2008, San Francisco, $188M)
$170M - Series F
SoundCloud (2007, Berlin, $363M)
$50M - Series D
SoundHound (2005, Santa Clara, $236M)
$151M - Series C
Gaana (2011, Delhi, $151M)
$50M - Series D
TuneIn (2002, San Francisco, $97.5M)
$100M - Series E
$35M - Series B
Splice (2013, New York City, $105M)
$57.5M - Series C
$31.8M - Series F
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
Music Tech > Feed Summary > Investment Trend Summary
Seed
Ascension Ventures (#3), Foundry Group (#2), Wavemaker
Partners (#2)
Series A/B Plus Eight Equity (#2), Creandum (#2), Real Ventures (#2)
Series C+ Kleiner Perkins (#1), Balderton Capital (#1), Raine Group (#1)
Incubators 500 Startups (#9), Techstars (#9), Wayra (#8)
Other Notable
Investors
Tencent (#4), Warner Music (#2), Kima Ventures (#2)
Debt Investors
Pinnacle Ventures (#2), The FSE Group (#2), Adams Street
Partners (#1)
Most Active InvestorsRecent Investments
240 240
223
123
66
5
2014 2015 2016 2017 2018 2019*
Y-o-Y # of Companies Founded 80 66 48 48 34 7
$3.4B
$2.3B
$355M
$137M
$114M
Europe
US
India
Australia
Taiwan
$ Funding
$111M
$456M
$950M
$1.5B
$717M
$573M
$334M
21
2014 2015 2016 2017 2018 2019*
$ Funding # Rounds

Summary of exit outlook in Music Tech
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
Kleiner Perkins 3
Spotify (2006, Stockholm, $2.1B)
Walden Venture
Capital
2
Pandora (2000, Webster, $56.1M)
Access Industries 2
Beats Music (2013, San Francisco, $120M)
Orange 2
Senvest Capital 2
Saavn (2007, Mumbai, $126M)
Sep 2018 Pandora Acq by Sirius XM for $3.5B
Mar 2018 Saavn Acq by Reliance Industries for $104M
Dec 2017 Shazam Acq by Apple for $400M
Apr 2017
Mood Media Acq by Apollo Global Management for
$645M
May 2007 Last.fm Acq for $280M
May 2001 MP3.com Acq by Vivendi for $372M
Music Tech > Feed Summary > Exit Outlook Summary
Spotify 5
The Echo Nest (Mar 2014), Soundtrap (Nov 2017), Tunigo
(May 2013)
Apple 4 Shazam (Dec 2017, $400M), Asaii (Oct 2018), Lala (Dec 2009)
Google 3
PushLife (Apr 2011, $25M), Songza (Jul 2014), Simplify Media
(May 2010)
Rhapsody 3
SoundTracking (Aug 2014), Schematic Labs (Aug 2014),
Exfm (Aug 2014)
Microsoft 2 Musiwave (Nov 2007, $50M), Groove (Feb 2016)
Recent IPOs Top Acquisitions
Soribada Oct 2001
Digital music store focused on Korean mus…
IPO MCap: -
MP3.com Jul 1999
Online music streaming platform for indie…
IPO MCap: $1.9B
Cur Media
Online radio music streaming and sharing…
IPO MCap: -
Lyynks
Platform for music streaming from indepen…
IPO MCap: -
7digital Jun 2014
Media content provider for streaming site…
IPO MCap: $49.1M
Pandora Jun 2011
Personalized internet radio streaming pla…
IPO MCap: $2.6B
Spotify Nov 2006
On-demand music streaming platform
IPO MCap: -
Genie Music Jan 2003
Online Korean music streaming platform
IPO MCap: -

Marketmap: Music Tech
MUSIC CREATION
TOOLS FOR AMATEURS
TOOLS FOR PROFESSIONALS
AUTOMATED MUSIC CREATION
ARTIST SUPPORT
SOCIAL CONNECT
DISTRIBUTION CHANNEL MGMT.
RIGHTS MANAGEMENT
B2B SOLUTIONS
MUSIC FOR VENUES
MUSIC FOR ADS/MOVIES
ON-DEMAND
ONLINE RADIO
MUSIC DISTRIBUTION
LICENSED CONTENT
OPEN CONTENT
LICENSED CONTENT
BROADCAST AGGREGATOR
MUSIC DISCOVERY
PERSONAL MEDIA
AGGREGATION PLATFORMS
IDENTIFICATION
RECOMMENDATION
Overview
Companies 2092
Funded 516 Series A+ 148
Funding $6.6B Last 2 yrs $1.9B
Most Active Investors
Seed Ascension Ventures (3)
Series A/B Plus Eight Equity (2)
Series C+ Kleiner Perkins (1)
Others Tencent (4)
Incubators 500 Startups (9)
Top Cities
Stockholm 28 Cos $2.1B
Bay Area 164 Cos $1.1B
Feed in Numbers
Unicorns 5 Soonicorns 16
Minicorns 17 Editor Picks 111
Acquihired 2 Deadpooled 438
Top Companies
Shazam (1999, London, $140M)
Exits
IPOs 9 Pandora, MP3.com
Acquisitions 105 Pandora, Mood Media
Top Acquirers Spotify, Apple
Music Tech > Feed Summary > BlueBox
FACTSHEET
Funding data excludes Debt, Grants & Post-IPO rounds.
Excludes all details for Chinese companies.
7

Key Sub Sectors in Music Tech Sector
Summary of Key Markets
8
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Distribution > On-Demand > Open Content
> Subscription >
Global
76 $197M 4
Creation > For Amateurs >
Karaoke 42 $131M 6
Artist Support > Management Platforms >
Distribution Channel Manager 70 $27.7M 6
Artist Support > Management Platforms >
Royalty & Rights Management 30 $14.5M 4
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Distribution
Companies which take rights directly from
musicians/labels for streaming or selling music...
580 128 $4.8B
Aggregator
Platforms which allow users to create, manage, share,
and discover playlists or singles....
417 104 $605M
Creation
Platforms which help professionals or amateurs in
music creation & social sharing
348 111 $590M
Artist Support
Companies which help independent artists in
managing distribution, promotions, royalty...
349 93 $333M
Music for Businesses
Companies that provide music streaming, licensing,
and other solutions for enterprises...
333 59 $269M
Innovative Hardware
Companies designing and marketing smart/connected
hardware targeted at musical professionals...
14 9 $5.5M
Music Learning
Companies providing tech solutions to individuals to
learn music
26 4 $2M
Music Tech > Feed Summary > Summary of Key Markets

List of Notable Companies in Music Tech
Notable Companies in the Sector
9
Note: *(Founded Year, Location, Total Funding)
Music Tech > Feed Summary > Notable Companies in the Sector
Public
7digital
(2004, London, $14.3M)*
Spotify
(2006, Stockholm, $2.1B)
Cur Media
(2009, South Glastonbury,
$20.8M)
Genie Music
(1991, Gangnam)
Soribada
(2000, Seoul)
Lyynks
(2011, Burbank)
Acquired
Pandora
(2000, Webster, $56.1M)
Mood Media
(2004, Austin)
Shazam
(1999, London, $140M)
MP3.com
(1997, San Francisco)
Last.fm
(2002, London, $5M)
Saavn
(2007, Mumbai, $126M)
Unicorns
Deezer
(2007, Paris, $445M)
SoundHound
(2005, Santa Clara, $236M)
Beats Music
(2013, San Francisco, $120M)
Deadpooled
Tunes Store (1997, Chicago,
$180M)
Station (1990, St. Louis,
$650k)

List of Notable Companies by Market in Music Tech
Notable Companies by Market (1/4)
11
Music Tech > Feed Summary > Notable Companies by Market
Distribution
On-Demand
Unicorn. Stage: Public
Ernströmgruppen AB, TPG, Dragoneer Investment
Group and 66 Other Investors
On-demand music and online radio streaming
platform
Unicorn. Stage: Series F
Kingdom Holding Company, Rotana, LBO France
and 5 Other Investors
Ad-supported music streaming open platform
Soonicorn. Stage: Series F
Raine Group, Temasek, Ares Capital Corporation
On-Demand
Tidal (2014, Boston, $200M)
Subscription based online music streaming
platform
Soonicorn. Stage: Acquired
Sprint
Tunes Store (1997, Chicago, $180M)
Online music store
Stage: Deadpooled
Music Streaming platform based out of India
Soonicorn. Stage: Series C
Tencent, Micromax Informatics
Music streaming platform for on-demand music
Senvest Capital, Guy Oseary, Tiger Global
Management and 4 Other Investors
On-Demand
Unicorn. Stage: Acquired
Access Industries
KKBox (2004, Taipei, $114M)
HTC Corporation, Chunghwa Telecom, KDDI and 1
Other Investors
Hungama.com (2009, Mumbai, $65M)
On-demand music streaming platform for Indian
music
Soonicorn. Stage: Series B
Xiaomi, Intel Capital, Bessemer Venture Partners
7digital (2004, London, $14.3M)
Media content provider for streaming sites
Stage: Public
UBC Media, ProVen VCTs, Beringea and 1 Other
Investors

12
Distribution
On-Demand
Station (1990, St. Louis, $650k)
Music streaming platform
Stage: Deadpooled
Steel Pier Capital
Genie Music (1991, Gangnam)
Stage: Public
MP3.com (1997, San Francisco)
Online music streaming platform for indie artists
Stage: Acquired
Clearstone Venture Partners, Theorem Ventures
Soribada (2000, Seoul)
Digital music store focused on Korean music
Stage: Public
SBI Investment Korea
Lyynks (2011, Burbank)
Platform for music streaming from independent
artists
Stage: Public
Online Radio
Online broadcast radio channel aggregator
Marker, IVP, Comcast Ventures and 8 Other
Investors
Slacker (2006, San Diego, $57.6M)
Online personalized radio streaming platform
Sevin Rosen Funds, Rho Capital Partners,
Centennial Ventures and 5 Other Investors
Personalized internet radio streaming platform
Unicorn. Stage: Acquired
Wells Fargo, JPMorgan Chase & Co., Sirius XM and
20 Other Investors
Cur Media (2009, South Glastonbury, $20.8M)
Online radio music streaming and sharing platform
Stage: Public
Intuitive Venture Partners, Katalyst Securities,
Connecticut Innovations and 2 Other Investors
Creation
For Amateurs
Developer of social music creation and sharing apps
Times Bridge, Tencent, Adams Street Partners and
11 Other Investors
musical.ly (2013, San Francisco, $100M)
Online musical video creation and sharing app
GGV Capital, Greylock Partners, Qiming Venture
Partners and 9 Other Investors

13
Creation
For Professionals
Music creation and collaboration platform
Soonicorn. Stage: Series C
Union Square Ventures, True Ventures, DFJ and 11
Other Investors
Aggregator
Discovery
Developer of sound recognition based mobile apps
Unicorn. Stage: Series E
Tencent, Daimler, Hyundai Motor Company and 21
Other Investors
Music identification platform
DN Capital, Kleiner Perkins, Sony Music and 10
Other Investors
Music Messenger (2014, Herzliya, $35M)
Music streaming and music messaging service
Artist Support
Social Connect
Bkstg (2015, Los Angeles, $20M)
Fan engagement platform for artists
Soonicorn. Stage: Series A
Mark Cuban Companies, Deep Fork Capital, Lerer
Hippeau Ventures and 4 Other Investors

14
Artist Support
Management Platforms
ReverbNation (2006, Morrisville, $5M)
Online musician tools
SeventySix Capital, Novak Biddle Venture Partners,
Southern Capitol Ventures and 1 Other Investors
Last.fm (2002, London, $5M)
Online music database, music recommendation and
social network
Stage: Acquired
Index Ventures, Atomico
For Venues
Soundtrack Your Brand (2013, Stockholm,
$32.9M)
Spotify-based music streaming subscriptions for
businesses
Soonicorn. Stage: Series D
Telia Company, Northzone, Creandum and 10 Other
Investors
Mood Media (2004, Austin)
In-store music solution provider for business
owners
Editor's Pick. Stage: Acquired

List of Notable Companies in Music Tech in China
Notable Companies in the Sector in China
15
Music Tech > Feed Summary > Notable Companies in the Sector in China
Public
A8 Digital Music
(2000, Hong Kong)
Acquired
China Music Corp
(2012, Beijing, $120M)
Unicorns
Netease Music
(2013, Guangzhou, $709M)

Recent News in Music Tech Sector
Recent News
16
Music Tech > Feed Summary > Recent News
Apr 2019
Spotify’s Daniel Ek talks royalties, data-sharing, the future: ‘I was
never a disrupter’, The Star Online
Apr 2019
Apple Now Faces 3 Separate Antitrust Accusations In Europe:
Spotify, Kaspersky, and The Netherlands, Forbes
Apr 2019 Songwriters to Spotify: “We’re hurt and disappointed.”, RAIN News
Apr 2019
Pandora posts new Share of Ear stats about a growing digital
audience, RAIN News
Apr 2019
Entertainment One snaps up Killing Eve score producer Audio
Network for £178m, City A.M.
Apr 2019
Pandora Selects OpenText's Digital Asset Management Platform for
Streaming Advertising English, PR Newswire
Apr 2019
Spotify adds conversion metrics to track ad performance,
MobileMarketer
Apr 2019
YouTube Music scores lead over Spotify: Claims 3 Mn downloads
within a week, Entrackr
Apr 2019 Malaysia Fixes Digital Tax Rate At 6%, Digital News Asia
Apr 2019 How to turn off Spotify’s background videos, The Verge
Apr 2019
Pandora tests voice-activated audio ads for more immersive
experience, Business of Apps
Apr 2019 Gaana tops charts among music streaming apps, Indiatimes
Apr 2019
Spotify’s new ad metrics show what listeners do after they click,
TechCrunch
Key Recent News Key Recent News
Apr 2019
FXhome Teams Up with Filmstro to Deliver Dynamic Keyframeable
Royalty-Free Music Library to HitFilm Users, broadcastbeat.com
Apr 2019
Transactions In Connection With Share Buyback Programme,
GlobeNewswire
Apr 2019 Why Spotify Is Suing Apple, International Business Times
Apr 2019 Apple Music cuts prices in India, TechCrunch
Apr 2019
More people pay for Apple Music than Spotify in the US now, Ars
Technica
Apr 2019
Apple Music's U.S. subscriber count overtakes Spotify: source,
Reuters
Apr 2019 Spotify and chat come to Windows 10 Game Bar, VentureBeat
Apr 2019
Spotify is growing on podcast listening, now the leader in India and
Spain, ppc.land
Apr 2019
The Internet Archive has uploaded 450,000 songs collected before
Myspace’s massive data loss, TechCrunch
Apr 2019
Deezer Hires Ex-bbc And Nothing Else Matters Exec Nigel Harding
As Vp Of Artist Marketing, Music Business Worldwide
Apr 2019 SiriusXM and Pandora Launch Pandora NOW, PR Newswire
Apr 2019
Tidal and Deezer Added to Russound Audio Streamers,
residentialsystems.com
Apr 2019
Gaana most favoured music streaming app in India: Report,
TheNewsMinute

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
17
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
MMORPG
Mar 2019
Second Hand Goods
Mar 2019
Coupons and Deals
Mar 2019

Investments ($M) and number of rounds in Music Tech; 2012-2019
Global Funding Trends (1/2)
19
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Music Tech > Investment Trends > Global Funding Trends
#Rounds
$Funding
3 Year CAGR
6 Year CAGR 20% # of Rounds8% $ Funding
8% # of Rounds
15% $ Funding
$111M
$356M
$521M
$456M
$950M
$1.5B
$717M $573M
$334M
0
10
20
30
40
50
60
70
80
90
$0k
$200M
$400M
$600M
$800M
$1.B
$1.2B
$1.4B
$1.6B
2012 2013 2014 2015 2016 2017 2018 2019*
$ Funding Predicted $ Funding # Rounds Predicted # Rounds

37 50 45 42 28 26 13 4
13
12
22
17
12
12 18 1
7 10
13
7 8 10 3 2
2012 2013 2014 2015 2016 2017 2018 2019 YTD
Seed Early Stage Late Stage
57
7
Total # of Rounds
$15M $26M
$24M $40M $19M $20M
$17M $18M
$40M $32M
$120M
$122M $134M
$77M $118M
$4M
$301M $463M $312M $787M
$1.3B
$621M $438M $89M
2012 2013 2014 2015 2016 2017 2018 2019 YTD
Seed Early Stage Late Stage
20
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded Club
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Music Tech; 2012-2019
Music Tech > Investment Trends > Global Funding Trends
78
39
31
19
24
15 2
208
$1.5M
$3.7M
$0.0M
$2.0M
$4.0M
$6.0M
$8.0M
$10.0M
$12.0M
0
50
100
150
200
250
2013 2014 2015 2016 2017 2018 2019 YTD Total
Entrants in Funding Club Avg. Ticket Size
$1.5M $1M $3M $4.9M $9.7M $3.3M $2.6M $3.7M
$89M
$280M
$450M
$329M
$853M
$1.4B
$656M
$468M
$268M
6
0
1
2
3
4
5
6
7
8
9
0
200000000
400000000
600000000
800000000
1E+09
1.2E+09
1.4E+09
1.6E+09
2012 2013 2014 2015 2016 2017 2018 2019 YTD
$ Funding Predicted $ Funding # of Rounds Predicted # Rounds
Mega Rounds
3 5 7 8 7 8 4 2
$356M
$111M
Total $ Invested

Music Tech > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Music Tech
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Stockholm 2.1B 35
Bay Area 1.1B 114
Paris 467M 16
Berlin 415M 20
New York City 312M 50
London 231M 33
Boston 206M 6
Mumbai 192M 20
Delhi NCR 152M 11
Gold Coast 130M 5
Total Funding
192
380
41
10
4
12
8
1
# Rounds
$3.4B
$2.3B
$355M
$137M
$114M
$47.9M
$18.4M
$11M
Europe
US
India
Australia
Taiwan
Israel
Canada
South Korea
Note: Excludes funding information of China companies

Trend of Average Deal Size ($M)
$0.5 $0.6 $0.6
$1.3
$1.0 $1.0
$1.3
2012 2013 2014 2015 2016 2017 2018
Music Tech > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Music Tech; 2012-2018
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$2.6K* $21M
$78.8K $70M
$362K $40M
$3.3K $1B
$50M
$9.3M
$3.4M
$400K
Series C+
Series B
Series A
Seed
Stage
$11.5 $12.2 $11.8 $10.2
$35.0
$18.9
$60.3 $46.3 $28.4
$112.4
$217.2
$88.6
$145.9
$2.5 $3.5 $4.2
$7.1
$12.9
$4.6 $5.7

Note: 243 companies with undisclosed funding amount are not included
23
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
109
126
33
7
16
No. of Companies
Music Tech > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Music Tech; as of Apr 2019
Distribution of companies by Funding Range
$36M
$477M
$823M
$515M
$4.8B
$ Investment

Stage No. of Companies
Funding
Funnel
100%
25%
7%
3%
2%
24
Note: Numbers in the brackets show the count of companies
Time to raise
next round
37
59
148
516
2092
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
25% 1%
(29)
1%
(18)
0%
(2)
21%
(433)
55%
(1141)
29% 5%
(26)
3%
(15)
0%
(1)
27%
(139)
44%
(228)
40% 16%
(23)
6%
(9)
- 15%
(22)
45%
(67)
63% 36%
(21)
12%
(7)
- 10%
(6)
27%
(16)
- 49%
(18)
19%
(7)
- 11%
(4)
32%
(12)
Music Tech > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Music Tech
Funding Funnel
22 Months
21 Months
24 Months
Investment backedBootstrapped
16
5
75
7
30
2
Soonicorns
Unicorns
Acquisitions
IPOs

Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Music Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Music Tech; Apr 2017-Apr 2019
Notable Investments in last 24 months (1/2)
LATE STAGE
$187M - Series F Aug 2018
On-demand music and online radio streaming
platform
Kingdom Holding Company, Rotana, LBO France,
Access Industries, Orange
$170M - Series F Aug 2017
Raine Group, Temasek
$151M - Series C Feb 2018
Music Streaming platform based out of India
Tencent
$100M - Series E May 2018
Tencent, Daimler, Hyundai Motor Company, Midea,
Orange
LATE STAGE
$57.5M - Series C Mar 2019
Union Square Ventures, True Ventures, DFJ,
Flybridge Capital Partners, Founders Circle Capital,
Lerer Hippeau Ventures, LionTree, Matt Pincus
$54M - Series F May 2017
Tencent, Adams Street Partners, Bessemer Venture
Partners, Floodgate Fund, Shasta Ventures, Franklin
Templeton Investments
$50M - Series D Nov 2017
$50M - Series D Aug 2017
Marker, IVP, Comcast Ventures, Sequoia Capital,
Causeway Media Partners, General Catalyst Partners
LATE STAGE
$31.8M - Series F Apr 2019
Times Bridge
Series C Nov 2017
Senvest Capital

Music Tech > Investment Trends > Notable Investments in last 24 months
Notable Investments in last 24 months (2/2)
EARLY STAGE
$35M - Series B Nov 2017
DFJ, True Ventures, Union Square Ventures,
Flybridge Capital Partners
$30M - Series B Nov 2018
StarMaker (2010, San Francisco, $43.5M)
Music creation platform for amateurs
Opera
$10M - Series A Dec 2017
Spotlite (2017, Los Angeles, $10M)
Music karaoke platform
Sequoia Capital, BlueRun Ventures
$7.7M - Series B May 2018
TuneGO (2013, Las Vegas, $14.1M)
Music distribution, analytics and professional
networking platform for indie artists
Falcon Capital
EARLY STAGE
$5M - Series A Feb 2018
Triller (2015, New York City, $9.5M)
Music video creation and social sharing application
Carnegie Technologies
$2.1M - Series A Dec 2017
Stashimi (2015, Glendale, $4.2M)
Fan-engagement platform
SEED STAGE
$12M - Angel Mar 2019
Songtradr (2014, Santa Monica, $21.5M)
Online music and sound licensing platform for
commercial usage
Richard White
$4.5M - Seed Feb 2019
Antescofo (2016, Paris, $4.5M)
AI-based music application provider
Yann Le Cun, Raffles Capital, Daphni, OneRagtime,
Nobuyuki Idei, Sophie Gasperment, Yann LeCun,
Thibault Viort
$4M - Angel Jan 2018
commercial usage
Richard White
$178k - Seed Jan 2018
commercial usage

Music Tech > Investment Trends > Notable Investments in last 24 months in China
Notable Investments in last 24 months in China
LATE STAGE
$150M - Series E Sep 2017
Qingting (2011, Shanghai, $162M)
Mobile app based radio station aggregator
Baidu, We Capital, CMIG, Genimous
$50M - Series D Jan 2018
Lizhi (2010, Guangzhou, $80M)
Online indie radio station streaming app
Orchid Asia Group, Evolution Media
EARLY STAGE
$600M - Series B Oct 2018
Netease Music (2013, Guangzhou, $709M)
Online music streaming and downloads service
Baidu, Boyu Capital, General Atlantic, Everbright
Holdings
$20M - Series A Mar 2019
Boomplay (2016, Shenzhen, $20M)
Music discovery and streaming application
Maison Capital
SEED STAGE
$2.3M - Seed Jun 2018
Joox Music (2014, Nanshan, $3.7M)
Online music streaming application
Rokk3r Fuel

Most Active Investors (VC, PE) by Stage in Music Tech; Last 5 years (Apr 2014-Apr 2019)
Most Active VC & PE Investors
28
Music Tech > Investment Trends > Most Active VC & PE Investors
SEED STAGE
Ascension Ventures(3 Investments)
CloudBounce, Trackd
1
Foundry Group (2 Investments)
Amper Music, UniqueSound
2
Wavemaker Partners (2 Investments)
Haawk, Musiio
3
Ascension Ventures(2 Investments)
Blokur, Rotor
4
Frontier Venture Capital (2 Investments)
Haawk, LiveList
5
Plus Eight Equity
Pacemaker
6
Two Sigma Ventures
Amper Music
7
Advancit Capital
Amper Music
8
Altair Capital
Mixupload
9
Spintop Ventures
Pacemaker
10
EARLY STAGE
Creandum (2 Investments)
Soundtrack Your Brand, Epidemic Sound
1
Plus Eight Equity (2 Investments)
Landr, Splice
2
Real Ventures(2 Investments)
Amp Me, Landr
3
Raine Group (2 Investments)
Amuse, StarMaker
4
True Ventures
Crossfader
5
Northzone
Soundtrack Your Brand
6
Bessemer Venture Partners
Hungama.com
7
Sequoia Capital
Spotlite
8
BlueRun Ventures
Spotlite
9
Index Ventures
Crossfader
10
LATE STAGE
Kleiner Perkins
SoundHound
1
Greylock Partners
musical.ly
2
Balderton Capital
3
Raine Group
SoundCloud
4
DCM Ventures
musical.ly
5
Industrifonden
6
TransLink Capital
SoundHound
7
The D E Shaw
Spotify
8
Comcast Ventures
TuneIn
9
Qiming Venture Partners
musical.ly
10

Music Tech > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Music Tech; Last 5 years (Apr 2014-Apr 2019)
Most Active Ecosystem Investors
INCUBATOR/ACCELERATOR
500 Startups(9 Investments)
Ghinwa, Melodics, Humtap
1
Techstars(9 Investments)
Spark DJ, Weav Music, JAAK
2
Wayra(8 Investments)
BuSK, BattleMe, Pictune
3
Startupbootcamp(3 Investments)
Composy, MusicSense, Echo
4
FasterCapital(3 Investments)
PartyKing, Musjic, DeliverMyTune
5
NDRC(2 Investments)
Melosity, Soundwave
6
LeanSquare(2 Investments)
MOD Devices, PlayGround
7
Y Combinator
MixerBox
8
Start-Up Chile
Brandtrack
9
Dreamit
YapTap
10
OTHER NOTABLE INVESTORS
Tencent(4 Investments)
SoundHound, Smule, Spotify
1
Warner Music(2 Investments)
Landr, Spotify
2
Kima Ventures(2 Investments)
Sounds., Auxy
3
Orange(2 Investments)
SoundHound, Deezer
4
Tech Coast Angels(2 Investments)
Beatshare, Playlist
5
GP Bullhound(2 Investments)
Tunigo, Spotify
6
Brookside Mezzanine Partners(2
Investments)
Spectrio
7
Carnegie Mellon University(2
Investments)
Nebulus, BandPass
8
WndrCo(2 Investments)
Stem Disintermedia, Mixcloud
9
Senvest Capital(2 Investments)
Spotify, Saavn
10
DEBT INVESTORS
Pinnacle Ventures(2 Investments)
Myspace, Pandora
1
The FSE Group(2 Investments)
Rotor, Filmstro
2
Adams Street Partners
Smule
3
Moscow Seed Fund
Mixupload
4
Silicon Valley Bank
8tracks
5
TPG
Spotify
6
KKR
Pandora
7
Ares Capital Corporation
SoundCloud
8
Macquarie Group
IDAGIO
9
Kreos Capital
SoundCloud
10

Music Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/3)

Music Tech > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
34
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Social Platforms
Mar 2019
Auto E-Commerce & Content
Mar 2019
Sports Tech
Mar 2019

Marketmap: Music Tech
36
Music Tech > Market Details > BlueBox

Key Sub Sectors (1/2)
37
Key Sub Sectors in Music Tech
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Distribution
Companies which take rights directly from musicians/labels for streaming or selling music
online
Spotify (2006, Stockholm, Public)
580 128 $4.8B
Aggregator
Platforms which allow users to create, manage, share, and discover playlists or singles. These
platforms do not directly license content & source cont...
Shazam (1999, London, Acquired)
417 104 $605M
Creation
Platforms which help professionals or amateurs in music creation & social sharing
musical.ly (2013, San Francisco, Acquired)
348 111 $590M
Artist Support
Companies which help independent artists in managing distribution, promotions, royalty and
helps in connecting to fans and professionals
BandPage (2009, San Francisco, Acquired)
UnitedMasters (2017, Brooklyn, $70M)
349 93 $333M
Companies that provide music streaming, licensing, and other solutions for enterprises
(venues, advertisement or movie makers, telecom companies)
TouchTunes (1998, New York City,
Acquired)
Listen (2013, Seattle, $81.5M)
333 59 $269M
Innovative Hardware
Companies designing and marketing smart/connected hardware targeted at musical
professionals and consumers
Mikme (2014, Vienna, $1.9M)
Sonarworks (2012, Riga, $1.6M)
14 9 $5.5M
Music Learning
Companies providing tech solutions to individuals to learn music
Melodics (2014, Auckland, $1.2M)
JamKazam (2012, Austin, $800k)
26 4 $2M
Therapeutic music
Companies providing tech solutions for therapeutic music
HorseCom (2014, Paris, $1.1M)
Musicalm (2018, 0)
6 2 $1.1M
Concert Technology
Companies providing tech solutions that assist in organizing & managing live music events
Prism (2016, Austin, $1M)
MIXhalo (2016, San Francisco)
2 2 $1M
Music Tech > Market Details > Key Sub Sectors

Key Sub Sectors (2/2)
38
Key Sub Sectors in Music Tech
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Ticketing
Companies providing online ticketing platforms and/or ticketing services PRIMARILY for live
music events
Muffito (2018, Ghaziabad)
Bugece (2015, Istanbul)
3 0 -
Music Tech > Market Details > Key Sub Sectors

Detailed Sector Taxonomy (1/8)
39
Music Tech > Market Details > Detailed Sector Taxonomy

40

41

42

43

44

45

46

Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(+4)
Distribution > On-Demand > Open Content > Subscription > Global
On-demand subscription/ad-supported platforms offering indie English music
(Companies covered 76 | Funded 20 | Total Funding $401M)
$197M
(+$127M)
4
(-1)
SoundCloud
(2007, Berlin, $363M)
2
(+4)
Creation > For Amateurs > Karaoke
Applications providing Karaoke platform & songs
$131M
(+$82.1M)
6
(+2)
Smule
3
(+6)
Artist Support > Management Platforms > Distribution Channel Manager
Platforms which allow artists to manage distribution & royalties coming from music streaming/buying
platforms
$27.7M
(-$43.5M)
6
(+3)
Amuse
(2016, Stockholm, $15.5M)
4
(+3)
Artist Support > Management Platforms > Royalty & Rights Management
Platforms which allow artists and music labels in rights/royalty management
(Companies covered 30 | Funded 9 | Total Funding $34.4M)
$14.5M
(+$5.4M)
4
(-1)
Stem Disintermedia
(2015, Los Angeles, $12.5M)
5
(+7)
Creation > For Professionals > Collaboration
Platforms wherein several artists can collaborate their work in real time
$92.5M
(+$86.6M)
3
(-1)
Splice
(2013, New York City, $105M)
6
(+10)
Music for Businesses > For Ads & Movies > Marketplace
Marketplace wherein professionals, brands, marketing agencies can discover & license music for
commercial use. Artists can upload their songs
$16.2M
(+$11.9M)
3
(+1)
Songtradr
(2014, Santa Monica, $21.5M)
7
(+47)
Music for Businesses > For Ads & Movies > Retail
Online platforms wherein professionals, brands, marketing agencies can discover & license music for
commercial use. The content is owned by the seller
$4.5M
(+$4.5M)
4
(+4)
Xhail
(2013, Dublin, $6M)
47
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/2)
Top Markets by Funding in Music Tech in last 2 years (April 2017 - March 2019)
Music Tech > Market Details > Top Markets of Investment Activity

Top Markets of Investment Activity (2/2)
Music Tech > Market Details > Top Markets of Investment Activity

Rank Market # Investments Key Investments
1
Creation > For Professionals > Collaboration
Platforms wherein several artists can collaborate their work in real time
(Companies created 52 | Funded 23 | Total Funding $159M )
1 Splice (2013, New York City, $105M)
2
Creation > For Amateurs > Karaoke
Applications providing Karaoke platform & songs
(Companies created 42 | Funded 21 | Total Funding $257M )
1 Spotlite (2017, Los Angeles, $10M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
49
Top Markets of Early Stage Investors
Top Markets where Early Stage Investors are investing in last 2 years (April 2017 - March 2019)
Music Tech > Market Details > Top Markets of Early Stage Investors

Incubators Techstars (#1), Y Combinator (#1)
Seed Greylock Partners (#1), Altair Capital (#1)
Series A/B Union Square Ventures (#1), Index Ventures (#1)
Series C+ Kleiner Perkins (#1), GGV Capital (#1)
Free Music Archive Dec - 2018
Acq by Kitsplit
MP3.com Jul - 1999
IPO'd on NASDAQ
$11.8M - Series A
IDAGIO (2014, Berlin, $23.5M)
$6.4M - Series A
Audiomack (2011, New York City,
$6.4M)
$9.5M - Series A
$170M - Series F
$70M - Series E
$63k - Seed
qWaqq (2016, Los Angeles, $63k)
$22.6k - Seed
Mixupload (2010, Moscow, $316k)
Seed
Seed
Tradiio (2014, Porto, $1.3M)
$975k - Seed
Tradiio (2014, Porto, $1.3M)
Apr 2019
Soundcloud Rolls Out New Ios Profile Configuration, Music
Business Worldwide
Mar 2019
SoundCloud enters advertising partnership with Targetspot
in European markets, Mobile Marketing Magazine
Mar 2019
SoundCloud scoops Apple hire, adds new curated playlists,
RAIN News
Mar 2019
SoundCloud Hires Anthony Gabriele as Senior VP,
Subscriptions & Marketing, Technology-Signals
Mar 2019 SoundCloud returns to Australia inking SCA deal, AdNews
Mar 2019
Voxnest and Jamendo Partner to Bring Together
Complementary Tools and Services for Musicians and
Podcasters, PR Newswire
Mar 2019
SoundCloud finally introduces discounted student pricing,
TechCrunch
Feb 2019
SoundCloud's Urban Culture Streams Into Spotify & Apple
Music, Forbes
Feb 2019
Indian telecom companies including Reliance Jio blocking
websites including Soundcloud, Telegram, BGR Media
Feb 2019
Over 200 million tracks have been uploaded to SoundCloud,
The Verge
Jan 2019
New York settles with sellers of 'fake' online followers,
'likes', Reuters
Dec 2018
Serato Becomes First DJ Software To Offer SoundCloud
Integration, EDMTunes
Dec 2018
Serato adds SoundCloud, Tidal and more to your DJ toolbox,
Engadget
News
3
1
6
20
76
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Distribution > On-Demand > Open Content > Subscription > Global: Market Factsheet
50
Exits
Recent InvestmentsOn-demand subscription/ad-
supported platforms offering indie
English music
MP3.com
(1997, San Francisco)
SoundCloud
(2007, Berlin, $363M)
IDAGIO
(2014, Berlin, $23.5M)
Audiomack
(2011, New York City, $6.4M)
Amazing Tunes
(2006, Newcastle Emlyn, $1.4M)
Top Companies
#1 Top Markets of Investment Activity
Music Tech > Market Details > Market: Global
Companies Created 76 | Funded 20 | Total Funding $401M
0
5
10
$0k
$100M
$200M
2014 2015 2016 2017 2018
Predicted Funding YoY Funding
Rounds Predicted Rounds
YoY Funding and Rounds
Market: Global

Distribution > On-Demand > Open Content > Subscription > Global: Top Companies
Market: Global
Analyst’s Pick
Raine Group, Temasek, Ares Capital Corporation
Jamendo (2004, Luxembourg)
Indie music streaming and licensing platform
Editor's Pick. Stage: Series A
Mangrove Capital Partners

Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
52
Distribution > On-Demand > Open Content > Subscription > Global: Leaderboard
Better than Market Average
Market: Global
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 SoundCloud 2007 Berlin Series F $363M 9 4 5 - - 2.4M 303.2M 3954.1k 125
238.9
k
6% 36.7k 2%
4.5 IDAGIO 2014 Berlin Series A $23.5M 3 4 4 - - 4.2k 300k 1.8k 2 - - 2k 92%
4.3 Audiomack 2011
New York
City
Series A $6.4M 1 3 5 - - 66.1k 30M 251.6k 1 27k 12% 5.4k 9%
4.2 Jamendo 2004
Luxembour
g
Series A - 1 4 4 - - 9.7k 75.8M 491.9k 3
111.8
k
29% 18 -
3.2
Amazing
Tunes
2006
Newcastle
Emlyn
Series A $1.4M 2 4 - - - 5.5k - - - - - 95 2%
2.8 Hearthis 2013 Chemnitz Unfunded - - - 4 - 2 6.9k 75k 441 - 187 74% 190 3%
2.7
Free Music
Archive
2009 Jersey City Acquired - - 1 4 - - 25.2k 30k 191 - 24 14% 287 1%
2.6 Mixupload 2010 Moscow Seed $316k 2 - 4 4 3 1.3k 30k 524 - 30 6% -37 -3%
2.5 WEYV 2017 Troy Unfunded - - - 4 - 3 126 300k 630 4 217 53% - -
2.4
Live
Mixtapes
2006 Cleveland Unfunded - - - 5 3 1 476.1k 3M 8.9k - 2.6k 41% -1893 -
2.3 MP3.com 1997
San
Francisco
Acquired - - 4 - - - 3.1k - - - - - 23 1%
2.3 SupaPass 2011 London Funded - - - 4 - 3 2k 8k 41 - - - 22 1%
2.3 Tuneself 2016
California
City
Unfunded - - - 4 - - 619 3.4M 5.8k - 508 10% -4 -1%

Incubators 500 Startups (#3), Shotput Ventures (#1)
Seed Bessemer Venture Partners (#1), GrayCell Ventures (#1)
Series A/B Sequoia Capital (#1), Shasta Ventures (#1)
Series C+ Tencent (#1), Adams Street Partners (#1)
Yokee May - 2017
Acq by Stingray
StarMaker Aug - 2016
Acquired
Khush Dec - 2011
Acq by Smule
Ksolo Apr - 2006
Acq by 20th Century Fox
$31.8M - Series F
$30M - Series B
StarMaker (2010, San Francisco,
$43.5M)
$3M - Seed
Ghinwa (2015, Dubai, $3M)
$10M - Series A
$2M - Seed
Singa (2013, Helsinki, $2M)
$54M - Series F
$509k - Seed
Karaoke One (2015, Rome, $509k)
$22M - Series E
$187k - Seed
Sensibol (2011, Mumbai, $628k)
Feb 2019
Singing app of Spotlite employs robots as judge for online
games, PR Newswire
Oct 2018
Smule raises $20M, with plans to expand India operations,
TechCrunch
Jun 2017
Singa raises €1.75M in seed funding for scaling its digital
karaoke product. | Nordic 9, Nordic 9
May 2017
Stingray Digital acquires music app maker Yokee,
MobileWorldLive
May 2017
US music app Smule raises $54m in Tencent-led round as it
eyes IPO , Deal Street Asia
Apr 2015
Smule Raises $26M to Scale Its Music Network Faster, The
Wall Street Journal
Mar 2015
StarMaker Raises Series B Led by Raine Ventures |
VentureBeat, VentureBeat
Mar 2015
StarMaker Raises Series B Led by Raine Ventures | Business
Wire, Business Wire
Dec 2013
StarMaker Interactive Raises $4M in Series A Funding
|FinSMEs, FinSMEs
News
4
2
8
21
42
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Creation > For Amateurs > Karaoke: Market Factsheet
53
Exits
Recent InvestmentsApplications providing Karaoke
platform & songs
Smule
StarMaker
(2010, San Francisco, $43.5M)
Spotlite
(2017, Los Angeles, $10M)
SingOn
(2009, Oulu, $3.1M)
Red Karaoke
Top Companies
Music Tech > Market Details > Market: Karaoke
0
5
10
$0k
$50M
$100M
$150M
2014 2015 2016 2017 2018
Market: Karaoke

Creation > For Amateurs > Karaoke: Top Companies
Market: Karaoke
Analyst’s Pick
Times Bridge, Tencent, Adams Street Partners and
11 Other Investors
Minicorn. Stage: Acquired
Opera, Raine Group, Crosscut and 12 Other
Investors
Music karaoke platform
Minicorn. Stage: Series A
Sequoia Capital, BlueRun Ventures
Red Karaoke (2007, San Francisco, $3.1M)
Online social network for karaoke content
Clave Mayor, Ricari
Analyst’s Pick
Yokee (2013, Tel Aviv, $1.3M)
Developer of social music creation and sharing
applications
2B Angels
Vocal Remover Pro (2013, Taichung)
Vocal removal software for Karaoke
Editor's Pick. Stage: Unfunded
Wurrly (2014, Los Angeles)
Karaoke mobile application

55
Creation > For Amateurs > Karaoke: Leaderboard
Market: Karaoke
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 Smule 2008
San
Francisco
Series F $188M 11 5 4 - - 57.2k 405M 5017.3k 8
229.9
k
5% 657 1%
4.3 StarMaker 2010
San
Francisco
Acquired $43.5M 4 4 4 - - 58.1k 60M 1091.3k 4 92.2k 9% -359 -1%
4.0 Spotlite 2017 Los Angeles Series A $10M 1 - 4 - 5 543 6M 9.1k 2 2.5k 38% -23 -4%
3.6 Yokee 2013 Tel Aviv Acquired $1.3M 1 5 4 - - - 63M 1025.4k 1 26.5k 3% - -
3.4 Singa 2013 Helsinki Seed $2M 1 - 4 3 3 801 300k 1.1k 1 75 8% 19 2%
3.3 Red Karaoke 2007
San
Francisco
Series A $3.1M 1 3 4 - - 2.9k 30.6M 126k - 4.5k 4% -20 -1%
2.6 SingOn 2009 Oulu Series A $3.1M 2 4 - - - 643 - - - - - -5 -1%
2.3 Everysing 2003 Seoul Unfunded - - - 4 4 4 1.4k 7.5M 49.2k - 221 - -121 -8%
2.3 Yokara 2014 Nha Trang Unfunded - - - 4 4 3 160 3.3M 24.8k - 890 4% - -
2.2 IKara 2013 Nha Trang Unfunded - - - 4 - 2 - 750k 6k - 2.7k 78% - -
2.2 Sensibol 2011 Mumbai Seed $628k 3 4 4 - - 55 750 7 - - - - -
2.2 SingPlayApp 2013 Seocho Unfunded - - - 4 - - 9 30M 96.3k - 4k 4% - -
2.2 Khush 2009 Atlanta Acquired $125k 2 5 - - - - - - - - - - -
2.2 Ghinwa 2015 Dubai Seed $3M 1 - 3 3 3 309 3k 42 - 4 11% -10 -3%
2.1
Sing Karaoke
Song
2012 Burlington Unfunded - - - 4 - - 131 3M 39.4k - 270 1% - -

Incubators FasterCapital (#1), Wayra (#1)
Seed UK Government (#1), Ascension Ventures (#1)
Series A/B GGV Capital (#1), Northzone (#1)
Series C+
X5 Group Jun - 2016
Acq by Warner Music
BandPage Feb - 2016
Acq by YouTube for $8M
Series A
DistroKid (2013, San Francisco)
Series A
DistroKid (2013, San Francisco)
$15.5M - Series A
Amuse (2016, Stockholm, $15.5M)
$7M - Series A
Vydia (2013, Freehold, $8.2M)
$4M - Series A
Symphonic Distribution (2006,
Wesley Chapel, $4M)
$1.2M - Seed
Blokur (2016, London, $1.2M)
Seed
DeliverMyTune (2015, Delhi)
$1.2M - Seed
Vydia (2013, Freehold, $8.2M)
$70M - Series A
UnitedMasters (2017, Brooklyn,
$70M)
$1M - Series A
iMusician Digital (2007, Zurich,
$2.1M)
Mar 2019
Ditto Music Launches Artist Management Company, Music
Business Worldwide
Feb 2019
SingularDTV rebrands as Breaker, launches distribution
portal, Digital TV Europe
Jan 2019
Breaker Launches Artist-Driven Entertainment App Powered
by Blockchain, PR Newswire
Dec 2018
Massive Attack test remix-rights tracking with blockchain
startup Blokur, Music Ally
Nov 2018
Vydia Ranked One Of The Fastest Growing Companies On
Deloitte's 2018 Technology Fast 500, AiThority
Nov 2018
Silversmith Capital Partners’ investment in DistroKid, Global
Legal Chronicle
Oct 2018
Spotify takes a stake in DistroKid, will support cross-
platform music uploads in Spotify for Artists, TechCrunch
Oct 2018 TuneCore Appoints Neil Bhay VP, Citybizlist
Feb 2018 Video tech startup Vydia reels in $7 mln Series A, PE Hub
Nov 2017 Music firm wins $4M investment, The Business Observer
Oct 2017
TuneCore artists reach collective revenue of $1 billion , RAIN
News
Oct 2017
Universal Music Veteran Launches Ethereum IP Platform ,
Inside Bitcoins
Aug 2017
Sound Royalties and Symphonic Distribution Forge Strategic
Alliance to Assist Artists, Labels and Other Music
Professionals , PRWeb
Jan 2017
Liverpool’s Ditto named one of the best-selling music
publishers in the world, Prolific North
News
3
2
12
21
70
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Artist Support > Management Platforms > Distribution Channel Manager: Market Factsheet
56
Exits
Recent InvestmentsPlatforms which allow artists to
manage distribution & royalties
coming from music
streaming/buying platforms
UnitedMasters
(2017, Brooklyn, $70M)
BandPage
FALSE
X5 Group
Top Companies
Music Tech > Market Details > Market: Distribution Channel Manager
0
5
10
15
$0k
$50M
$100M
2014 2015 2016 2017 2018
Market: Distribution Channel Manager

Artist Support > Management Platforms > Distribution Channel Manager: Top Companies
Analyst’s Pick
UnitedMasters (2017, Brooklyn, $70M)
Music rights management & digital music
distribution service provider
Alphabet, Andreessen Horowitz, Floodgate Fund,
21st Century Fox
X5 Group (2003, Stockholm, $11.8M)
Digital music distribution & promotion enabler
Northzone
TuneCore (2005, Brooklyn, $7M)
Online platform for music distribution
Opus Capital
Breaker (2015, Zug)
Blockchain based right management & distribution
service provider for artists
TopHit (2003, Moscow)
Online music distribution platform for artists

58
Artist Support > Management Platforms > Distribution Channel Manager: Leaderboard
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 Amuse 2016 Stockholm Series A $15.5M 1 - 4 - 3 3.6k 300k 3.2k 2 3.2k
7588
%
935 35%
4.3 TuneCore 2005 Brooklyn Acquired $7M 1 4 4 3 - 121.2k 30k 107 8 37 53% 2.6k 2%
4.3 DistroKid 2013
San
Francisco
Series A - 2 5 - - - 36.9k - - 4 - - 7.5k 26%
4.3
UnitedMaste
rs
2017 Brooklyn Series A $70M 1 - - - 3 8.9k - - 1 - - 6.6k 286%
4.1 Vydia 2013 Freehold Series A $8.2M 3 3 - - - 5.3k - - 6 - - 223 4%
3.9
Symphonic
Distribution
2006
Wesley
Chapel
Series A $4M 1 3 - - - 7.8k - - 7 - - 428 6%
3.6 BandPage 2009
San
Francisco
Acquired $27.5M 4 4 - - - 24.2k - - 5 - - -408 -2%
3.3
iMusician
Digital
2007 Zurich Series A $2.1M 2 3 - - - 1.3k - - - - - 72 6%
3.1 Frekul 2011 Tokyo Seed - 1 3 3 - - 2.9k 30k 72 - 4 6% 158 6%
2.9 X5 Group 2003 Stockholm Acquired $11.8M 3 3 - - - 584 - - 3 - - -13 -2%
2.8 SongCast 2010
Cuyahoga
Falls
Unfunded - - - 5 - - 5.6k 30k 281 - - - 90 2%
2.5 Indiefy 2016 Guadalajara Funded - - - - 4 3 1.3k 750 - - - - 112 10%
2.5 Ditto Music 2005 Liverpool Unfunded - - - - - - 30.4k - - 3 - - 3.5k 13%
2.2 JTV Digital 2013 Paris Unfunded - - 4 - - - 8.6k - - - - - 376 5%

Music Tech > Market Details > Market: Royalty & Rights Management
Companies Created 30 | Funded 9 | Total Funding $34.4M
Market: Royalty & Rights Management

Music Tech > Market Details > Market: Collaboration
Market: Collaboration

Music Tech > Market Details > Market: Marketplace
Market: Marketplace

Market: Marketplace

Music Tech > Market Details > Market: Retail
Market: Retail

Market: Retail

Music Tech > Market Details > Market: Indian
Market: Indian

Market: Indian

Music Tech > Market Details > Market: Identification
Market: Identification

Music Tech > Market Details > Market: Broadcast Aggregator
Market: Broadcast Aggregator

Public Companies
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
80
Notable Acquisitions
Top Acquirers
Acqui-hires

Public companies
82
Performance indicators of public companies in Music Tech
IPO Date Company
IPO
Mcap
Exchange
Ticker
Jun 2014
7digital (2004, London)
Media content provider for streaming sites
$49.1M LON:7DIG
Jun 2011
Pandora (2000, Webster)
$2.6B NYSE:P
Nov 2006
Spotify (2006, Stockholm)
NYSE:SPOT
Jan 2003
Genie Music (1991, Gangnam)
43610
Oct 2001
Soribada (2000, Seoul)
Digital music store focused on Korean music
KOSDAQ:53110
Jul 1999
$1.9B NASDAQ:MPPP
Cur Media (2009, South Glastonbury)
Online radio music streaming and sharing platform
Lyynks (2011, Burbank)
Platform for music streaming from independent artists
Station (1990, St. Louis)
Music streaming platform
A8 Digital Music (2000, Hong Kong)
China-based music distribution platform
Music Tech > Exit Outlook > Public Companies

Notable Acquisitions (1/4)
83
Notable Acquisitions in Music Tech
Music Tech > Exit Outlook > Notable Acquisitions
2018
Acquirer: Sirius XM Deal: $3.5B
Acquirer: Reliance IndustriesDeal: $104M
Acquirer: LiveXLive Deal: $50M
Slacker (2006, San Diego, $57.6M)
Online personalized radio streaming platform
2017
Acquirer: Apple Deal: $400M
Music identification platform
Acquirer: Toutiao
musical.ly (2013, San Francisco, $100M)
Online musical video creation and sharing app
Acquirer: Apollo Global Management
Deal: $645M
Mood Media (2004, Austin)
In-store music solution provider for business
owners
2016
Acquirer:
Acquirer: YouTube Deal: $8M
BandPage (2009, San Francisco, $27.5M)
Online music distribution platform for artists

84
2015
Acquirer: Pandora Deal: $75M
Rdio (2008, San Francisco, $126M)
On-demand music streaming service provider
Acquirer: Bauer Media
Acquirer: Searchlight Capital
TouchTunes (1998, New York City, $45M)
Digital jukebox and karaoke provider for venues
Acquirer: Jay-Z Deal: $56M
Tidal (2014, Boston, $200M)
Subscription based online music streaming
platform
2014
Acquirer: Apple
Acquirer: Spotify
The Echo Nest (2005, Somerville, $25.6M)
Music intelligence & data platform
2012
Acquirer: Beats Electronics
MOG (2005, Berkeley, $24.9M)
Subscription-based music streaming platform

85
2011
Acquirer: Specific Media Deal: $35M
Myspace (2003, Los Angeles, $42.8M)
On-demand music streaming and content sharing
platform
2010
Acquirer: KDDI
KKBox (2004, Taipei, $114M)
2009
Acquirer: Apple
Lala (2005, Palo Alto, $44.2M)
Online music streaming and discovery platform
Acquirer: Myspace Deal: $1M
Imeem (2004, San Francisco, $27.1M)
Social network for discovery and sharing music

86
Before 2008
Acquirer:
Ruckus (1996, Santa Monica, $47.4M)
Ad-supported music streaming platform for
campuses
Acquirer: Livewire Mobile Deal: $14.5M
GrooveMobile (2004, Woodbury, $32M)
Peer-to-peer music streaming platform
Acquirer: Deal: $280M
Last.fm (2002, London, $5M)
Online music database, music recommendation and
social network
Acquirer: Avid Technology
Rocket Network (1994, San Francisco, $44M)
Platform that enables audio professionals to
collaborate online
Acquirer: Vivendi Deal: $372M
Before 2008
Acquirer: eMusic Deal: $130M
Tunes Store (1997, Chicago, $180M)
Online music store

Most Active Acquirers
87
Music Tech > Exit Outlook > Most Active Acquirers

Acqui-hires
88
List of Acqui-hires in Music Tech
Excludes all details for Chinese companies
Date Target
Oct-14 Listn Acq by Beatport
Jan-11 Bluetunes.net Acq by MiMedia
Music Tech > Exit Outlook > Acqui-hires
View all 2 Acqui-hired companies on Tracxn Platform

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
89
Details on VC & PE Investors
Seed Stage
Early Stage
Late Stage
Details on Top Ecosystem Players

Music Tech > Investors > Index of Most Active VC & PE Investors
Index of Top Investors (VC, PE) by Stage in Music Tech; Last 5 years (Apr 2014 - Mar 2019)
Index of Most Active VC & PE Investors
SEED STAGE
Ascension Ventures (3 Investments)
Foundry Group (2 Investments)
Frontier Venture Capital (2 Investments)
Wavemaker Partners (2 Investments)
Ascension Ventures (2 Investments)
DN Capital
Plus Eight Equity
General Catalyst Partners
Advancit Capital
Artesian
GrayCell Ventures
Right Side Capital Management
Horizons Ventures
Two Sigma Ventures
Altair Capital
EARLY STAGE
Plus Eight Equity (2 Investments)
Real Ventures (2 Investments)
Creandum (2 Investments)
Raine Group (2 Investments)
True Ventures
Kleiner Perkins
Sequoia Capital
GGV Capital
Northzone
Index Ventures
GV
Charles River Ventures
Lerer Hippeau Ventures
BlueRun Ventures
LATE STAGE
Kleiner Perkins
Greylock Partners
Balderton Capital
Raine Group
DCM Ventures
Industrifonden
TransLink Capital
The D E Shaw
New Canaan Funding
Comcast Ventures
Temasek
GIC
Marker
GSV Capital

Foundry Group
92
Portfolio in Music Tech | Exits | Funds Link | Website | LinkedIn | Twitter
Music Tech > Investors > Foundry Group
Investments
[Unicorn] Zynga (2007, San Francisco, $707M, Public)
Casual games developer and publisher for mobile and web platforms
[Unicorn] AvidXchange (2000, Charlotte, $570M, Series F)
Accounts payable and payment automation solutions
[Unicorn] AppDirect (2009, San Francisco, $246M, Series E)
White-labeled marketplace for selling cloud-based applications
[Unicorn] Fitbit (2007, San Francisco, $65M, Public)
Wireless wearable sensors to track person's activities.
[Soonicorn] Rover (2011, Seattle, $310M, Series G)
Online Pet Sitting Marketplace
[Soonicorn] Mapbox (2010, Washington D.C., $228M, Series C)
Tools provider for building custom maps
[Soonicorn] 3D Robotics (2009, Berkeley, $152M, Series D)
Develops both consumer and commercial drones & autopilot systems
[Soonicorn] Return Path (1999, New York City, $131M, Series F)
Email marketing automation & fraud protection platform
[Soonicorn] Oblong (2006, Los Angeles, $113M, Series C)
Conference room tele collaboration system developer
[Soonicorn] Sphero (2010, Boulder, $108M, Series D)
Smartphone controlled robotic gaming toy for kids
[Soonicorn] Formlabs (2011, Somerville, $101M, Series D)
High-resolution desktop 3D printing
[Soonicorn] Urban Airship (2009, Portland, $92.6M, Series F)
Marketing Automation and Audience Engagement For Mobile Apps
[Soonicorn] TrackR (2009, Santa Barbara, $71.2M, Series B)
Tracking devices which can be attached to items
[Soonicorn] Distil Networks (2011, Arlington, $65M, Series C)
Content protection network and anti bot solution
Other Notable Portfolio
Top Exits Recent News on Fund & Portfolio
Geographical Spread Stage of Entry
Jan 2019
Amper Music Launches First AI Music Composition
Platform for Enterprise Content Creators, GlobeNewswire
Oct 2018
Production talent platform SoundBetter has paid $12M to
its users in the last 18 months, Music Business Worldwide
Mar 2018
Amper Music Raises $4M to Fuel Growth of Artificial
Intelligence Music Composition Technology,
directorstalkinterviews.com
Mar 2017 Amper Music raises $4 million to jazz up AI, VentureBeat
Jul 2016
CounterCraft bags $1.1M to fire up a security decoy play,
TechCrunch
Topspin Media
(2007, Burbank)
Acq by Beats Music - Mar 2014
11 1
2014 2015 2016 2017 2018 2019
Follow On New Investments
1
-
1
-
2
Undisclosed
Series C+
Series B
Series A
Seed4
-
-
-
-
US

Frontier Venture Capital
93
Music Tech > Investors > Frontier Venture Capital
People
Investments
[Unicorn] Niantic (2010, San Francisco, $473M, Series C)
Mobile game developer
[Soonicorn] Shift Technologies (2013, San Francisco, $223M,
Series D)
Online marketplace for buying and selling of used cars
[Soonicorn] Prolacta Bioscience (1999, Los Angeles, $93.7M,
Series D)
Human milk fortifier supplement products for premature infants
[Minicorn] Synthetic Genomics (2005, La Jolla, $40M, Series B)
Provides a variety of synthetic genomic solutions.
[Minicorn] DailyPay (2015, New York City, $16M, Series B)
Provides employees access to pay after every active work hour
[Minicorn] WhiteFox Defense Technologies (2012, San
Luis Obispo, $14.8M, Series A)
Develops counter-drone systems for mobile and fixed assets
[Minicorn] Lucid Sight (2015, Los Angeles, $11.4M, Series A)
Virtual reality game development studio
[Minicorn] Able Lending (2014, Austin, $11M, Series A)
Collaborative lending platform for small businesses
[Minicorn] Switch (2014, New York City, $6.4M, Series A)
Tinder for jobs to anonymously discover new jobs
[Editor's Pick] Qmerit (2015, Irvine, $16.8M, Series A)
Skill matching application for businesses
[Editor's Pick] TicketSauce (2014, San Diego, $2.5M, Series A)
White-label online event registration solutions
[Editor's Pick] Expanse 3D (2017, Los Angeles, $1.2M, Seed)
Developer of resin based 3D printer
Top Exits
Recent News on Fund & Portfolio
Scott Lenet
Co-Founder &
Managing Partner
David Cremin
Co-Founder &
Managing Partner
Dec 2017
Fast-growing startup HAAWK buys TuneRegistry and
RoyaltyClaim, Music Business Worldwide
Sep 2017
Rights management and content monetization company
HAAWK raises $2.5 million, technewstitan.com
Dec 2014
Zealot Networks Acquires Stake In AudioMicro (AdRev) -
DH Capital, DH Capital
AudioMicro
(2007, Sherman Oaks)
Acq by Zealot Networks - Dec
2014
1 1
2014 2015 2016 2017 2018 2019
3
-
-
-
2
Undisclosed
Series C+
Series B
Series A
Seed5
-
-
-
-
US

DN Capital
94
Music Tech > Investors > DN Capital
People
Investments
[Unicorn] AUTO1 (2012, Berlin, $1.1B, Series F)
An online B2B dealer of used cars
[Soonicorn] Remitly (2011, Seattle, $227M, Series D)
Cross-border money transfer using banking networks.
[Soonicorn] Shift Technologies (2013, San Francisco, $223M,
Series D)
Online marketplace for buying and selling of used cars
[Soonicorn] Raisin (2013, Berlin, $200M, Series D)
Marketplace for term deposits
[Soonicorn] HomeToGo (2014, Berlin, $150M, Series C)
Meta-search for vacation rentals
[Soonicorn] Sift Science (2011, San Francisco, $107M, Series D)
Machine learning optimized fraud detection
[Soonicorn] Jobandtalent (2009, Madrid, $97.3M, Series B)
Job listing and matching platform for blue-collar jobs
[Soonicorn] Windeln (2010, Munich, $72.7M, Public)
Online Baby Shop in Germany
[Soonicorn] Yottaa (2009, Cambridge, $64M, Series D)
Cloud-based automation platform to optimize end-user experiences
[Soonicorn] Avegant (2012, Belmont, $60.9M, Series B)
Develops hardware and software-based light field technology solutions
[Soonicorn] Book a Tiger (2014, Berlin, $35.9M, Series B)
Germany based online booking platform for home cleaning services
[Soonicorn] Performance Horizon (2010, South Shields,
$35M, Series C)
Online SaaS performance marketing technology
[Minicorn] Mister Spex (2007, Berlin, $69.6M, Series E)
Online eye-wear retailer
Top Exits
Steve Schlenker
Co-Founder &
Managing Director
Nenad Marovac
Co-Founder &
Managing Partner
Mar 2019
Bixby Gets Shazam-Esque Music Identification Feature,
Wccftech
Feb 2019
Shazam Stops Supporting Third Party SDKs on iOS,
ProgrammableWeb
Jan 2019
Apple needs to buy a production house like A24,
Lionsgate, or Sony Pictures: Analyst, CNBC
Dec 2018
Shazam is now ad-free following Apple acquisition, RAIN
News
Nov 2018
Chiquita Takes Consumers on a ‘Banana Journey’,
Progressive Grocer
Nov 2018
Now Post Songs You Shazam Directly to Instagram
Stories, PhoneWorld
Sep 2018
Apple closes its $400M Shazam acquisition and says the
music recognition app will soon become ad free,
TechCrunch
Sep 2018
EU clears Apple's purchase of song-recognition app
Shazam, International Business Times
Aug 2018
EU set to clear Apple's bid for music app Shazam -
sources, Reuters
Shazam
(1999, London, $140M)
Acq by Apple - Dec 2017
1 1
2014 2015 2016 2017 2018 2019
-
-
-
1
1
Undisclosed
Series C+
Series B
Series A
Seed2
-
-
-
-
Europe

Plus Eight Equity
95
Music Tech > Investors > Plus Eight Equity

General Catalyst Partners
96
Music Tech > Investors > General Catalyst Partners

Horizons Ventures
97
Music Tech > Investors > Horizons Ventures

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
98
Seed Stage
Early Stage
Late Stage

Plus Eight Equity
99
Music Tech > Investors > Plus Eight Equity

Real Ventures
100
Music Tech > Investors > Real Ventures

Creandum
101
Music Tech > Investors > Creandum

Raine Group
102
Music Tech > Investors > Raine Group

True Ventures
103
Music Tech > Investors > True Ventures

Kleiner Perkins
104
Music Tech > Investors > Kleiner Perkins

105
Music Tech > Investors > Bessemer Venture Partners

Sequoia Capital
106
Music Tech > Investors > Sequoia Capital

GGV Capital
107
Music Tech > Investors > GGV Capital

Northzone
108
Music Tech > Investors > Northzone

Index Ventures
109
Music Tech > Investors > Index Ventures

GV
110
Music Tech > Investors > GV

Charles River Ventures
111
Music Tech > Investors > Charles River Ventures

Lerer Hippeau Ventures
112
Music Tech > Investors > Lerer Hippeau Ventures

BlueRun Ventures
113
Music Tech > Investors > BlueRun Ventures

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
114
Seed Stage
Early Stage
Late Stage

Kleiner Perkins
115
Music Tech > Investors > Kleiner Perkins

Greylock Partners
116
Music Tech > Investors > Greylock Partners

Balderton Capital
117
Music Tech > Investors > Balderton Capital

Raine Group
118
Music Tech > Investors > Raine Group

DCM Ventures
119
Music Tech > Investors > DCM Ventures

120
Music Tech > Investors > Qiming Venture Partners

Industrifonden
121
Music Tech > Investors > Industrifonden

TransLink Capital
122
Music Tech > Investors > TransLink Capital

The D E Shaw
123
Music Tech > Investors > The D E Shaw

New Canaan Funding
124
Music Tech > Investors > New Canaan Funding

Comcast Ventures
125
Music Tech > Investors > Comcast Ventures

Temasek
126
Music Tech > Investors > Temasek

GIC
127
Music Tech > Investors > GIC

Marker
128
Music Tech > Investors > Marker

GSV Capital
129
Music Tech > Investors > GSV Capital

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
130
Incubators
Other Notable Investors
Debt Investors

Music Tech > Investors > Index of Ecosystem Investors
Index of Top Ecosystem Investors in Music Tech; Q2 2014 - Q1 2019
Index of Ecosystem Investors
INCUBATOR
500 Startups (9 Investments)
Techstars (9 Investments)
Wayra (8 Investments)
Startupbootcamp (3 Investments)
FasterCapital (3 Investments)
NDRC (2 Investments)
LeanSquare (2 Investments)
Y Combinator
Start-Up Chile
Dreamit
Samurai Incubate
SOSV
Chinaccelerator
Startup Sauna
Newark Venture Partners
OTHER NOTABLE INVESTORS
Tencent (4 Investments)
Warner Music (2 Investments)
Kima Ventures (2 Investments)
Orange (2 Investments)
Tech Coast Angels (2 Investments)
GP Bullhound (2 Investments)
Brookside Mezzanine Partners (2 Investments)
Carnegie Mellon University (2 Investments)
WndrCo (2 Investments)
Senvest Capital (2 Investments)
Spotify (2 Investments)
TeliaSonera (2 Investments)
Three Six Zero Group (2 Investments)
Universal Music Group
UK Government
DEBT INVESTORS
Pinnacle Ventures (2 Investments)
The FSE Group (2 Investments)
Adams Street Partners
Moscow Seed Fund
Silicon Valley Bank
TPG
KKR
Ares Capital Corporation
Macquarie Group
Kreos Capital

500 Startups
132
Music Tech > Investors > 500 Startups
People
Investments
[Soonicorn] Smule (2008, San Francisco, $188M, Series F)
[Editor's Pick] Pacemaker (2012, Stockholm, $3.1M, Seed)
Music mixing and sharing app
Music Tech Notable Portfolio
[Unicorn] Credit Karma (2007, San Francisco, $370M, Series D)
Aggregator of various consumer financial products.
[Unicorn] Intercom (2011, San Francisco, $241M, Series D)
Customer communication and Retention Platform
[Unicorn] Twilio (2007, San Francisco, $240M, Public)
Cloud Communications API provider
[Unicorn] Gitlab (2014, San Francisco, $166M, Series D)
Code collaboration tool
[Unicorn] Talkdesk (2011, San Francisco, $128M, Series B)
Browser based call center
[Soonicorn] Carousell (2012, Singapore, $183M, Series C)
Online listing platform for multi-category pre-owned products
[Soonicorn] Udemy (2010, San Francisco, $173M, Series D)
Marketplace for online courses
[Soonicorn] Knotel (2015, New York City, $160M, Series B)
Managed co-working space for startups.
[Soonicorn] Akulaku (2016, Pasig, $145M, Series C)
Mobile app which gives cardless installment payment
[Soonicorn] Flywire (2009, Boston, $137M, Series D)
Global money transfer in local currency
[Soonicorn] Breather (2012, Montreal, $120M, Series D)
On-demand Private Room Reservation
Top Exits
Christine Tsai
CEO
Dec 2018
Background Music Market Demand & Supply Dynamics,
Industry Processes & Cost Structures with Key Vendors:
Ambie Music, Auracle Sound, Brandtrack, Custom
Channels, C-Burn,, Digital Journal
Oct 2018
Smule raises $20M, with plans to expand India
operations, TechCrunch
Oct 2018
Production talent platform SoundBetter has paid $12M to
its users in the last 18 months, Music Business Worldwide
Sep 2018
Finnish audio projects awarded in Hamburg,
GoodNewsfromFinland
May 2018
Humtap expands into Arabic music generation,
Telecompaper
Apr 2018
Rapchat raises $1.6 million to help you make and share
your def jams, TechCrunch
Jul 2017 Swedish DJ app Pacemaker raises $1 million, Tech.eu
May 2017
US music app Smule raises $54m in Tencent-led round as
it eyes IPO , Deal Street Asia
Apr 2016
Apple rolls out a new App Store developer site with
guides and videos for growing app businesses,
TechCrunch
Khush
(2009, Atlanta, $125k)
Acq by Smule - Dec 2011
1 11
2
1
1
2014 2015 2016 2017 2018 2019
4
-
1
1
9
Undisclosed
Series C+
Series B
Series A
Seed7
2
2
1
1
US
Europe
Latam
United Arab
Emirates
New Zealand

Techstars
133
Music Tech > Investors > Techstars
People
Investments
[Editor's Pick] Pacemaker (2012, Stockholm, $3.1M, Seed)
Music mixing and sharing app
Music Tech Notable Portfolio
[Unicorn] Twilio (2007, San Francisco, $240M, Public)
Cloud Communications API provider
[Soonicorn] ClassPass (2011, New York City, $308M, Series D)
Membership programs for fitness classes across multiple gyms
[Soonicorn] Remitly (2011, Seattle, $227M, Series D)
Cross-border money transfer using banking networks.
[Soonicorn] DataRobot (2012, Boston, $225M, Series D)
Automated machine learning platform for data science applications
[Soonicorn] Leanplum (2012, San Francisco, $145M, Series D)
Mobile A/B testing, personalization & analytics platform
[Soonicorn] DigitalOcean (2011, New York City, $134M, Series
B)
Cloud computing platform to build, deploy and scale cloud applications
[Soonicorn] Wynd (2013, Paris, $127M, Series C)
Cloud-based restaurant management solution provider
[Soonicorn] Outreach (2013, Seattle, $125M, Series D)
SaaS based Lead Engagement Tools
[Soonicorn] Sphero (2010, Boulder, $108M, Series D)
Smartphone controlled robotic gaming toy for kids
[Soonicorn] Placester (2008, Cambridge, $101M, Series D)
Real Estate Marketing platform
[Soonicorn] Latch (2014, New York City, $91.3M, Series B)
Smart locks for homes, offices and apartment buildings
Top Exits
David Cohen
Co-Founder & Co-CEO
Brad Feld
Co-Founder & Partner
David Brown
Co-Founder & Co-CEO
Jan 2019
Amper Music Launches First AI Music Composition
Platform for Enterprise Content Creators, GlobeNewswire
Dec 2018
Blockchain firm JAAK makes key hires ahead of first
product launch in 2019, Music Business Worldwide
Dec 2018
Background Music Market Demand & Supply Dynamics,
Industry Processes & Cost Structures with Key Vendors:
Ambie Music, Auracle Sound, Brandtrack, Custom
Channels, C-Burn,, Digital Journal
May 2018
Global music rights database pilot launched with top
music companies, Music Business Worldwide
Mar 2018
Amper Music Raises $4M to Fuel Growth of Artificial
Intelligence Music Composition Technology,
directorstalkinterviews.com
Jul 2017 Swedish DJ app Pacemaker raises $1 million, Tech.eu
Mar 2017 Amper Music raises $4 million to jazz up AI, VentureBeat
Jan 2012
Murfie raises $1.4m to rip CDs and sell the downloads |
Music Ally, Music Ally
None
1
4
1
2014 2015 2016 2017 2018 2019
3
-
-
-
8
Undisclosed
Series C+
Series B
Series A
Seed8
3
-
-
-
US
Europe

NDRC
134
Music Tech > Investors > NDRC
People
Investments
[Soonicorn] FieldAware (2009, Dublin, $39.7M, Series B)
Field Service Management Software
[Soonicorn] Boxever (2011, Dublin, $19M, Series B)
Marketing Intelligence for the travel Industry
[Minicorn] Nuritas (2014, Dublin, $59.6M, Series B)
Discovery of natural active ingredients with scientifically proven
health benefits
[Minicorn] Brightflag (2014, Dublin, $11.4M, Series A)
Spend analytics on legal invoices.
[Minicorn] Drop (2012, Dublin, $10M, Series A)
Connects recipes with appliances
[Minicorn] Assure Hedge (2015, Dublin, $3.1M, Seed)
Foreign exchange fluctuations hedging platform
[Minicorn] Bizimply (2011, Dublin, $2.3M, Series A)
Attendence managment solution
[Minicorn] Oathello (2016, Dublin, $120k, Seed)
On demand lawyers and notary services
[Editor's Pick] VideoElephant (2011, Dublin, $5.4M, Series A)
Video content provider and delivery platform
[Editor's Pick] LearnUpon (2010, Dublin, $592k, Seed)
LMS for corporates
[Editor's Pick] Adjuno (2016, Slough, $67k, Seed)
Cloud-based supply chain management solutions
[Editor's Pick] Trezeo (2016, Dublin, Funded)
Merchant Cash Advance for freelancers
[Editor's Pick] Mobility Mojo (2016, Dublin, Funded)
User generated app focused on accessible travel.
Top Exits
Ben Hurley
CEO
Jan 2018
Spotify Buys Cord Project And Soundwave To Expand
Messaging And Social Features, TechCrunch
Jul 2016
Spotify’s bot lead lays out his vision of a ‘music concierge’,
VentureBeat
Mar 2014
Soundwave Adds Chrome Browser Extension To Let You
Track Your Desktop Music Listening – TechCrunch,
TechCrunch
Soundwave
(2012, Dublin, $1.8M)
Acq by Spotify - Jan 2016
2014 2015 2016 2017 2018 2019
2
-
-
-
1
Undisclosed
Series C+
Series B
Series A
Seed3
-
-
-
-
Europe

Y Combinator
135
Music Tech > Investors > Y Combinator

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
136
Incubators
Other Notable Investors
Debt Investors

Tencent
137
Music Tech > Investors > Tencent

Tracxn - Music Tech Sector Landscape Report

Tracxn - Music Tech Sector Landscape Report

Recommandé

Recommandé

Contenu connexe

Tendances

Tendances (20)

Similaire à Tracxn - Music Tech Sector Landscape Report

Similaire à Tracxn - Music Tech Sector Landscape Report (20)

Plus de Tracxn

Plus de Tracxn (20)

Dernier

Dernier (20)

Tracxn - Music Tech Sector Landscape Report