About 8tracks
8tracks is a company based in San Francisco (United States) founded in 2008. It operates as a B2C. 8tracks has raised $2.98 million across 4 funding rounds from investors including SVB, Andreessen Horowitz and Index Ventures. 8tracks operates in a competitive market with competitors including MixerBox, Discz Music, SphereTrax, Swipefy and Moodagent, among others.
- Headquarter San Francisco, United States
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.98 M (USD)
in 4 rounds
-
Latest Funding Round
$69.94 K (USD), Seed
May 17, 2016
-
Investors
SVB
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of 8tracks
8tracks has successfully raised a total of $2.98M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $69.94 thousand completed in May 2016. 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 4
- Last Round Seed — $69,938
-
First Round
First Round
(01 Oct 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Seed - 8tracks | Valuation |
investors |
|
| Feb, 2016 | Amount | Seed - 8tracks | Valuation |
investors |
|
| Jun, 2015 | Amount | Debt – Venture - 8tracks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 8tracks
8tracks has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SVB, Andreessen Horowitz and Index Ventures. 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 |
|---|---|---|---|---|
|
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
|
Founded Year | Domain | Location | |
|
Venture capital investments in technology startups and entrepreneurs.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in multiple sectors by Uncork Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by 8tracks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - 8tracks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
8Tracks Comparisons
Competitors of 8tracks
8tracks 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 MixerBox, Discz Music, SphereTrax, Swipefy and Moodagent, 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 |
Summarized news content is delivered through a media application.
|
|
| domain | founded_year | HQ Location |
App-based music discovery platform
|
|
| domain | founded_year | HQ Location |
Royalty-free music is provided via an online search platform.
|
|
| domain | founded_year | HQ Location |
A mobile platform for discovering and enjoying music.
|
|
| domain | founded_year | HQ Location |
Music streaming platform
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on 8Tracks
Frequently Asked Questions about 8tracks
When was 8tracks founded?
8tracks was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is 8tracks located?
8tracks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is 8tracks a funded company?
8tracks is a funded company, having raised a total of $2.98M across 4 funding rounds to date. The company's 1st funding round was a Debt – Venture of $2.5M, raised on Oct 01, 2011.
What does 8tracks do?
8tracks, established in 2008 and currently in Dissolved stage, focuses on media and entertainment, offering music streaming, social music platforms, and playlist creation. Offers a platform for music sharing and creating personalized playlists. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of 8tracks?
8tracks's top competitors include MixerBox, Discz Music and Moodagent.
Who are 8tracks's investors?
8tracks has 5 investors. Key investors include SVB, Andreessen Horowitz, Index Ventures, Ben Drury, and Uncork Capital.