About Beats Music
Beats Music is a company based in San Francisco (United States) founded in 2013 was acquired by Apple in May 2014.. Beats Music has raised $120 million across 2 funding rounds from investors including Apple and Access Industries. Beats Music has completed 1 acquisition, including Topspin Media. Beats Music operates in a competitive market with competitors including Deezer, Spotify, SoundCloud, Qobuz and Napster, among others.
- Headquarter San Francisco, United States
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Beats Music, Llc.
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
Funding Insights of Beats Music
Beats Music has successfully raised a total of $120M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in March 2014. 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 2
- Last Round Series C — $60.0M
-
First Round
First Round
(05 Mar 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Series C - Beats Music | Valuation |
investors |
|
| Mar, 2013 | Amount | Series C - Beats Music | 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 Beats Music
Beats Music has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Apple and Access Industries. 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 |
|---|---|---|---|---|
|
Investment and holding company controlled by Len Blavatnik
|
Founded Year | Domain | Location | |
|
Consumer electronics, computers, and software are designed and sold worldwide.
|
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 Beats Music
Beats Music has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Topspin Media. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Direct-to-fan marketing and commerce platform is provided for artists.
|
2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Beats Music
| 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 |
Beats Music Comparisons
Competitors of Beats Music
Beats Music 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 Deezer, Spotify, SoundCloud, Qobuz and Napster, 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 on-demand music and radio streaming
|
|
| domain | founded_year | HQ Location |
Music streaming is offered on-demand to global users.
|
|
| domain | founded_year | HQ Location |
Music streaming services are provided online for free.
|
|
| domain | founded_year | HQ Location |
On-demand music streaming is provided through subscription services.
|
|
| domain | founded_year | HQ Location |
Napster is recognized for providing music streaming platform solutions.
|
|
| domain | founded_year | HQ Location |
On-demand music streaming and content sharing 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.
|
Frequently Asked Questions about Beats Music
When was Beats Music founded?
Beats Music was founded in 2013.
Where is Beats Music located?
Beats Music is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Beats Music a funded company?
Beats Music is a funded company, having raised a total of $120M across 2 funding rounds to date. The company's 1st funding round was a Series C of $60M, raised on Mar 05, 2013.
What does Beats Music do?
Beats Music was founded in 2013 in San Francisco, United States, as an on-demand music streaming platform in the digital entertainment sector. Curated playlists are developed by musicians and music writers, with algorithm-based personalization and expert recommendations integrated. Music is searchable, streamable, and downloadable through mobile apps for Android, iOS, and Windows Phone. Revenue is derived from monthly and annual subscriptions.
Who are the top competitors of Beats Music?
Beats Music's top competitors include Deezer, Spotify and SoundCloud.
How many acquisitions has Beats Music made?
Beats Music has made 1 acquisition, including Topspin Media.
Who are Beats Music's investors?
Beats Music has 2 investors. Key investors include Apple, and Access Industries.