About AWAL
AWAL is a company based in London (United Kingdom) founded in 1997 by Jonathan Quarmby was acquired by Sony Music in February 2021.. AWAL has completed 2 acquisitions, including In2une and OK Listen.
- Headquarter London, United Kingdom
- Founders Jonathan Quarmby
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
In2une
& 1 more
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Acquired by
Sony Music
(Feb 01, 2021)
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Software Development Team
64 people
Creative and Marketing Team
33 people
Leadership Team
28 people
Finance and Accounting
14 people
Senior Team
13 people
Manager Team
10 people
Assistant Team
5 people
Operations Team
4 people
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Funding Insights of AWAL
| 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 AWAL
AWAL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sony Music. 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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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 AWAL
AWAL has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include In2une and OK Listen. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online music streaming platform and music store
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2012 | ||||
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Artist promotion and label services are offered by In2une.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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 - AWAL
| 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 |
Awal Comparisons
Competitors of AWAL
| 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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Frequently Asked Questions about AWAL
When was AWAL founded?
AWAL was founded in 1997.
Where is AWAL located?
AWAL is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of AWAL?
Lonny Olinick is the current CEO of AWAL.
What does AWAL do?
AWAL was founded in 1997 and is headquartered in London, United Kingdom. Operations focus on the music industry, where funding, playlisting, radio promotion, and public relations services are provided to artists. The company supports artist development through these targeted offerings, with its online presence maintained via awal.com. Key leadership includes founder Jonathan Quarmby and CEO Lonny Olinick.
Who are AWAL's investors?
AWAL has 1 investor. Key investors include Sony Music.