About Airbit
Airbit is a company based in Los Angeles (United States) founded in 2000 by Wasim Khamlichi was acquired by BandLab in February 2023.. Airbit offers products and services including Beat Marketplace, Producer Tools, and Browse Page. Airbit operates in a competitive market with competitors including BeatStars, Hoopr, Slip-Stream, AudioMicro and illpeoplemusic, among others.
- Headquarter Los Angeles, United States
- Founders Wasim Khamlichi
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Airbit Sg Pte. Ltd
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Products & Services of Airbit
Airbit offers a comprehensive portfolio of products and services, including Beat Marketplace, Producer Tools, and Browse Page. 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.
Platform for browsing and purchasing music beats online.
Tools for uploading and selling beats with custom stores.
Interface for discovering and selecting music beats quickly.
Funding Insights of Airbit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Airbit
Airbit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BandLab. 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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A cloud-based platform enables music creation and user collaboration.
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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 Airbit
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Airbit
| 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 |
Airbit Comparisons
Competitors of Airbit
Airbit 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 BeatStars, Hoopr, Slip-Stream, AudioMicro and illpeoplemusic, 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 |
Instrumental music is licensed and distributed via a producer marketplace.
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| domain | founded_year | HQ Location |
Online platform offering royalty-free music for content creators
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| domain | founded_year | HQ Location |
Royalty-free music is offered via an online platform to creators.
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| domain | founded_year | HQ Location |
Royalty free music and sound effects are provided by AudioMicro.
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| domain | founded_year | HQ Location |
Royalty-free music is provided via an online platform for licensing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Airbit
When was Airbit founded?
Airbit was founded in 2000.
Where is Airbit located?
Airbit is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Airbit?
Wasim Khamlichi is the current CEO of Airbit. They have also founded this company.
What does Airbit do?
Airbit was founded in 2000 in Los Angeles, United States, as an online platform in the music industry. Royalty-free beats are facilitated for purchase, sale, and collaboration among indie artists. Users are enabled to search content by moods and sounds. Operations focus on connecting creators and buyers in the digital music sector, with services centered on beat production and distribution.
Who are the top competitors of Airbit?
Airbit's top competitors include BeatStars, Hoopr and Slip-Stream.
What products or services does Airbit offer?
Airbit offers Beat Marketplace, Producer Tools, and Browse Page.
Who are Airbit's investors?
Airbit has 1 investor. Key investors include BandLab.