Boiler Room
About Boiler Room
Boiler Room is a company based in London (United Kingdom) by Thristian Richards was acquired by Dice in October 2021.. Boiler Room has raised $12.59 million across 6 funding rounds from investors including DICE and Connect Ventures. The company has 36 employees as of December 31, 2021. Boiler Room offers products and services including Events Platform, Online Shop, and Audio Services. Boiler Room operates in a competitive market with competitors including Stingray, Condense Live, AmazeVR, Amaze and MelodyVR, among others.
- Headquarter London, United Kingdom
- Employees 36 as on 31 Dec, 2021
- Founders Thristian Richards
- Stage Minicorn
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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
*********
- Legal Name Boiler Room (Uk) Limited
- Date of Incorporation 10 Apr, 2008
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$35.22 M (USD)359as on Dec 31, 2022
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Net Profit
$-62.18 M (USD)-71as on Dec 31, 2022
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EBITDA
$-63.72 M (USD)-72as on Dec 31, 2022
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Total Equity Funding
$12.59 M (USD)
in 6 rounds
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Latest Funding Round
$4.3 M (USD), Series A
Aug 16, 2018
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Investors
DICE
& 1 more
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Employee Count
36
as on Dec 31, 2021
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Acquired by
Dice
(Oct 04, 2021)
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Products & Services of Boiler Room
Boiler Room offers a comprehensive portfolio of products and services, including Events Platform, Online Shop, and Audio Services. 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 live music events and broadcasts to global users.
Store for purchasing music merchandise and related products.
Services for audio streams and content access.
Unlock access to complete
Funding Insights of Boiler Room
Boiler Room has successfully raised a total of $12.59M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $4.3 million completed in August 2018. 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 Series A — $4.3M
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First Round
First Round
(12 Apr 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series A - Boiler Room | Valuation |
investors |
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| Jul, 2016 | Amount | Series A - Boiler Room | Valuation |
investors |
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| Jun, 2015 | Amount | Series A - Boiler Room | Valuation | Connect Ventures |
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| 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 Boiler Room
Boiler Room has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DICE and Connect Ventures. 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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Early-stage investments are made in product-focused companies by Connect Ventures.
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Founded Year | Domain | Location | |
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A ticketing platform for live events is offered by DICE.
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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 Boiler Room
| 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 - Boiler Room
| 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 |
Boiler Room Comparisons
Competitors of Boiler Room
Boiler Room 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 Stingray, Condense Live, AmazeVR, Amaze and MelodyVR, 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 |
B2B multi-platform music and media solutions are delivered globally.
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| domain | founded_year | HQ Location |
A metaverse platform is offered for live streaming events.
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| domain | founded_year | HQ Location |
VR music concerts are provided through immersive technology for fans.
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| domain | founded_year | HQ Location |
Virtual reality-enabled live music concert streaming solution is provided.
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| domain | founded_year | HQ Location |
Immersive VR music experiences are produced and distributed globally.
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| domain | founded_year | HQ Location |
Wave is focused on virtual entertainment for artists and 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 Boiler Room
Frequently Asked Questions about Boiler Room
Where is Boiler Room located?
Boiler Room is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Boiler Room a funded company?
Boiler Room is a funded company, having raised a total of $12.59M across 6 funding rounds to date.
How many employees does Boiler Room have?
As of Dec 31, 2021, the latest employee count at Boiler Room is 36.
What is the annual revenue of Boiler Room?
Annual revenue of Boiler Room is $35.22M as on Dec 31, 2022.
What does Boiler Room do?
Intimate live music sessions are hosted by Boiler Room in private locations across London, United Kingdom, with access limited to invite-only audiences. Performances are streamed live on the companys website and platforms like YouTube and Dailymotion, while recordings are archived for later viewing. Revenue is generated through brand partnerships targeting the platforms audience reach. The company operates in the music streaming sector, focusing on niche, experiential content delivery.
Who are the top competitors of Boiler Room?
Boiler Room's top competitors include MelodyVR, Trubify and Condense Live.
What products or services does Boiler Room offer?
Boiler Room offers Events Platform, Online Shop, and Audio Services.
Who are Boiler Room's investors?
Boiler Room has 2 investors. Key investors include DICE, and Connect Ventures.
What is Boiler Room's valuation?
The valuation of Boiler Room is $87.2M as of Aug 2018.