About audioBoom
audioBoom is a company based in London (United Kingdom) founded in 2009.. audioBoom has raised $9.6 million across 6 funding rounds from investors including Nick Candy, Candy Ventures and Edge VC. The company has 11 employees as of December 31, 2021. audioBoom has completed 1 acquisition, including SONR News. audioBoom offers products and services including Podcast Hosting, Advertising Platform, and Audience Insights. audioBoom operates in a competitive market with competitors including Stitcher, AudioBoom, Empire Streaming, stand.fm and Pippa, among others.
- Headquarter London, United Kingdom
- Employees 11 as on 31 Dec, 2021
- 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 Audioboom Limited
- Date of Incorporation 09 Sep, 2009
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$22.19 K (USD)0as on Dec 31, 2020
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Net Profit
$-2.99 K (USD)0as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$9.6 M (USD)
in 6 rounds
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Latest Funding Round
$4 M (USD), Angel Round
Jun 21, 2019
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Investors
Candy Ventures
& 2 more
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Employee Count
11
as on Dec 31, 2021
- Investments & Acquisitions
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IPO & Listings of audioBoom
audioBoom is a publicly listed company on the LSE with ticker symbol BOOM in UK, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of audioBoom
audioBoom offers a comprehensive portfolio of products and services, including Podcast Hosting, Advertising Platform, and Audience Insights. 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 hosting and distributing audio podcasts globally
Tools for advertisers to target engaged podcast audiences
Service providing data on podcast listener demographics and behavior
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Funding Insights of audioBoom
audioBoom has successfully raised a total of $9.6M across 6 strategic funding rounds. The most recent funding activity was a Angel Round round of $4 million completed in June 2019. 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 Angel Round — $4.0M
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First Round
First Round
(18 Mar 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Angel Round - audioBoom | Valuation | Nick Candy |
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| Feb, 2019 | Amount | Post-IPO - audioBoom | Valuation |
investors |
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| May, 2018 | Amount | Post-IPO - audioBoom | 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 audioBoom
audioBoom has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Nick Candy, Candy Ventures and Edge VC. 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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VC investment focused family office of Nick Candy
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Founded Year | Domain | Location | |
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Venture capital investments are provided to creative technology startups.
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Founded Year | Domain | Location | |
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NC
Nick Candy |
British entrepreneur, property developer, and angel investor in tech startups.
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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 audioBoom
audioBoom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SONR News. 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.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform to curate news from social media platforms
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2015 |
| 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
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - audioBoom
| 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 |
Audioboom Comparisons
Competitors of audioBoom
audioBoom 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 Stitcher, AudioBoom, Empire Streaming, stand.fm and Pippa, 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 |
Online platform for podcast and radio station hosting
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| domain | founded_year | HQ Location |
Spoken-word audio platform for hosting, distributing and monetising content
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| domain | founded_year | HQ Location |
Streaming solutions for radio, video, events, and subscriptions are offered.
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| domain | founded_year | HQ Location |
Music is distributed and live-streamed through a mobile app.
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| domain | founded_year | HQ Location |
Podcasts are hosted, managed, and distributed via an online platform.
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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 Audioboom
Frequently Asked Questions about audioBoom
When was audioBoom founded?
audioBoom was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is audioBoom located?
audioBoom is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is audioBoom a funded company?
audioBoom is a funded company, having raised a total of $9.6M across 6 funding rounds to date. The company's 1st funding round was a Post-IPO of $66.36K, raised on Mar 18, 2014.
How many employees does audioBoom have?
As of Dec 31, 2021, the latest employee count at audioBoom is 11.
What is the annual revenue of audioBoom?
Annual revenue of audioBoom is $22.19K as on Dec 31, 2020.
What does audioBoom do?
Founded in 2009 in London, United Kingdom, audioBoom operates in the podcasting and on-demand audio sector. Podcasts are hosted, distributed, and monetized on the platform, with services provided free of charge. Dynamic ad insertions are enabled for advertisers within podcasts. Content can be shared by users on websites and social networks, supporting broader audio accessibility.
Who are the top competitors of audioBoom?
What products or services does audioBoom offer?
audioBoom offers Podcast Hosting, Advertising Platform, and Audience Insights.
Is audioBoom publicly traded?
Yes, audioBoom is publicly traded on LSE under the ticker symbol BOOM.
How many acquisitions has audioBoom made?
audioBoom has made 1 acquisition, including SONR News.
Who are audioBoom's investors?
audioBoom has 3 investors. Key investors include Nick Candy, Candy Ventures, and Edge VC.
What is audioBoom's ticker symbol?
The ticker symbol of audioBoom is BOOM on LSE.