About Blokur
Blokur is a company based in London (United Kingdom) founded in 2016 was acquired by Music Reports in January 2024.. Blokur has raised $3.01 million across 2 funding rounds from investors including Gov.uk, Digital Currency Group and Digital Catapult. The company has 19 employees as of December 31, 2023. Blokur offers products and services including Blokur Platform and Music Publisher Tools. Blokur operates in a competitive market with competitors including Epidemic Sound, Songtradr, 7digital, Tracklib and Broadcast Music, among others.
- Headquarter London, United Kingdom
- Employees 19 as on 31 Dec, 2023
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
- Legal Name Blokur Ltd
- Date of Incorporation 17 Dec, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.01 M (USD)
in 2 rounds
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Latest Funding Round
$1.81 M (USD), Series A
Feb 16, 2023
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Investors
Gov.uk
& 5 more
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Employee Count
19
as on Dec 31, 2023
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Acquired by
Music Reports
(Jan 31, 2024)
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Products & Services of Blokur
Blokur offers a comprehensive portfolio of products and services, including Blokur Platform and Music Publisher Tools. 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 searching songs and resolving ownership conflicts.
Tools for listing songs and handling licensing agreements.
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Funding Insights of Blokur
Blokur has successfully raised a total of $3.01M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.81 million completed in February 2023. 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 A — $1.8M
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First Round
First Round
(01 Oct 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Blokur | Valuation | Digital Catapult |
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| Oct, 2017 | Amount | Seed - Blokur | 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 Blokur
Blokur has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Gov.uk, Digital Currency Group and Digital Catapult. 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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Strategic investments in healthcare technologies and data innovations.
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AI development and data analytics services are provided.
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Sector-agnostic incubator focused on blockchain 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 Blokur
| 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 - Blokur
| 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 |
Blokur Comparisons
Competitors of Blokur
Blokur 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 Epidemic Sound, Songtradr, 7digital, Tracklib and Broadcast Music, 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 |
Music is licensed via a cloud-based platform for professional use.
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| domain | founded_year | HQ Location |
Music and sound are licensed online for commercial purposes.
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| domain | founded_year | HQ Location |
Media content provider for streaming platforms
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| domain | founded_year | HQ Location |
Tracks are discovered, bought, and licensed via an online marketplace.
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| domain | founded_year | HQ Location |
Music rights are represented and royalties distributed to creators.
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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 Blokur
Frequently Asked Questions about Blokur
When was Blokur founded?
Blokur was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Blokur located?
Blokur is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Blokur a funded company?
Blokur is a funded company, having raised a total of $3.01M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Oct 01, 2017.
How many employees does Blokur have?
As of Dec 31, 2023, the latest employee count at Blokur is 19.
What does Blokur do?
Blokur was founded in 2016 in London, United Kingdom. Operations focus on the music industry, where blockchain technology is applied to handle creative rights management. Trust and monetization of these rights are facilitated through disintermediation, automation, and transparency enabled by smart contracts. Catalog data is provided to users as part of the services offered.
Who are the top competitors of Blokur?
Blokur's top competitors include Epidemic Sound, Songtradr and Broadcast Music.
What products or services does Blokur offer?
Blokur offers Blokur Platform and Music Publisher Tools.
Who are Blokur's investors?
Blokur has 6 investors. Key investors include Gov.uk, Digital Currency Group, Digital Catapult, Music Reports, and Ascension Ventures.
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