About 7digital
7digital is a company based in London (United Kingdom) founded in 2004 by James Kane was acquired by Songtradr in February 2023.. 7digital has raised $14.25 million across 6 funding rounds from investors including Songtradr, European Union and UBC Media. The company has 64 employees as of December 31, 2023. 7digital has completed 3 acquisitions, including 247e.com, FlowRadio and Snowite. 7digital offers products and services including Music Catalog, Playlisting Tool, Music-as-a-service Platform, and Partner Integration. 7digital operates in a competitive market with competitors including Epidemic Sound, Songtradr, Broadcast Music, Tracklib and Blokur, among others.
- Headquarter London, United Kingdom
- Employees 64 as on 31 Dec, 2023
- Founders James Kane
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 7Digital Limited
- Date of Incorporation 24 Jul, 2003
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$6.98 M (USD)-10as on Dec 31, 2020
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Net Profit
$313.49 K (USD)111as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$14.25 M (USD)
in 6 rounds
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Latest Funding Round
$8.01 M (USD), Post-IPO
Sep 03, 2020
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Investors
Songtradr
& 2 more
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Employee Count
64
as on Dec 31, 2023
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Investments & Acquisitions
247e.com
& 2 more
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Acquired by
Songtradr
(Feb 08, 2023)
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Products & Services of 7digital
7digital offers a comprehensive portfolio of products and services, including Music Catalog, Playlisting Tool, Music-as-a-service Platform, and Partner Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides access to over 80 million licensed tracks for applications
Enables custom playlists from global music catalogs
Facilitates licensing and catalog integration into products
Enhances platforms with music tools for faster launches
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Funding Insights of 7digital
7digital has successfully raised a total of $14.25M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $8.01 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $8.0M
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First Round
First Round
(12 Jan 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Post-IPO - 7digital | Valuation |
investors |
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| Dec, 2016 | Amount | Grant - 7digital | Valuation |
investors |
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| Jan, 2014 | Amount | Series B - 7digital | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 7digital
7digital has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Songtradr, European Union and UBC Media. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Music-as-a-service platforms and licensing solutions are provided.
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Founded Year | Domain | Location | |
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Music and sound are licensed online for commercial purposes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 7digital
7digital has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 247e.com, FlowRadio and Snowite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online radio and podcast streaming services are provided by FlowRadio.
|
2012 | ||||
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White label digital music streaming services are provided by Snowite.
|
2010 | ||||
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Online platform offering music distribution
|
2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 7digital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
7Digital Comparisons
Competitors of 7digital
7digital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Epidemic Sound, Songtradr, Broadcast Music, Tracklib and Blokur, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Music is licensed via a cloud-based platform for professional use.
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| domain | founded_year | HQ Location |
Music and sound are licensed online for commercial purposes.
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| domain | founded_year | HQ Location |
Music rights are represented and royalties distributed to creators.
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| domain | founded_year | HQ Location |
Tracks are discovered, bought, and licensed via an online marketplace.
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| domain | founded_year | HQ Location |
Blockchain technology is utilized for managing creative rights in music.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 7Digital
Frequently Asked Questions about 7digital
When was 7digital founded?
7digital was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Where is 7digital located?
7digital is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of 7digital?
Paul Wiltshire is the current CEO of 7digital.
Is 7digital a funded company?
7digital is a funded company, having raised a total of $14.25M across 6 funding rounds to date.
How many employees does 7digital have?
As of Dec 31, 2023, the latest employee count at 7digital is 64.
What is the annual revenue of 7digital?
Annual revenue of 7digital is $6.98M as on Dec 31, 2020.
What does 7digital do?
7digital was established in 2004 in London, United Kingdom, as a platform-agnostic provider in the digital media sector. Rights management is facilitated for content creators through online licensing solutions tailored to artists and brands. Services are extended to clients such as Samsung, Universal Music, Warner Music, and Sony, supporting content distribution across various devices and ecosystems. Operations focus on enabling secure access to music and media libraries globally.
Who are the top competitors of 7digital?
7digital's top competitors include Epidemic Sound, Songtradr and Broadcast Music.
What products or services does 7digital offer?
7digital offers Music Catalog, Playlisting Tool, Music-as-a-service Platform, and Partner Integration.
How many acquisitions has 7digital made?
Who are 7digital's investors?
7digital has 3 investors. Key investors include Songtradr, European Union, and UBC Media.
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