About Chromatik
Chromatik is a company based in Santa Monica (United States) founded in 2010 was acquired by TakeLessons in April 2017.. Chromatik has raised $7.94 million across 4 funding rounds from investors including TakeLessons, 500 Global and Kapor Capital. Chromatik operates in a competitive market with competitors including Simply, Yousician, Trala, Skoove and Musopia, among others.
- Headquarter Santa Monica, United States
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Sectors
EducationMedia & Entertainment
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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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Total Equity Funding
$7.94 M (USD)
in 4 rounds
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Latest Funding Round
$5.72 M (USD), Series A
May 07, 2013
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Investors
TakeLessons
& 8 more
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Employee Count
Employee Count
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Acquired by
TakeLessons
(Apr 05, 2017)
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Funding Insights of Chromatik
Chromatik has successfully raised a total of $7.94M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.72 million completed in May 2013. 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 4
- Last Round Series A — $5.7M
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First Round
First Round
(02 Mar 2011)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - Chromatik | Valuation | Rustic Canyon Partners , Baroda Ventures | |
| Nov, 2012 | Amount | Seed - Chromatik | Valuation |
investors |
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| Jul, 2011 | Amount | Seed - Chromatik | Valuation | Purvi Capital |
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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 Chromatik
Chromatik has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include TakeLessons, 500 Global and Kapor Capital. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in US
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Founded Year | Domain | Location | |
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MuckerLab is operated as a startup accelerator and venture fund.
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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 Chromatik
| 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 |
Financial Statements - Chromatik
| 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 |
Chromatik Comparisons
Competitors of Chromatik
Chromatik 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 Simply, Yousician, Trala, Skoove and Musopia, 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 |
Creative hobbies are made accessible through interactive learning apps by Simply.
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| domain | founded_year | HQ Location |
Musical instrument learning is facilitated by an app-based platform.
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| domain | founded_year | HQ Location |
Trala is focused on providing violin learning through an innovative app.
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| domain | founded_year | HQ Location |
Piano learning solutions are delivered via mobile and SaaS platforms.
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| domain | founded_year | HQ Location |
Music software for mobile learning apps is developed by Musopia.
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| domain | founded_year | HQ Location |
Self learning of piano music lessons
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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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Frequently Asked Questions about Chromatik
When was Chromatik founded?
Chromatik was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Chromatik located?
Chromatik is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Chromatik a funded company?
Chromatik is a funded company, having raised a total of $7.94M across 4 funding rounds to date. The company's 1st funding round was a Seed of $220K, raised on Mar 02, 2011.
What does Chromatik do?
Chromatik provides a catalogue of free music sheet and videos based on the instrument chosen by the user. Also provides reference tracks, annotation tools and recording features which are available only in the iOS app. Users can upload their own tunes through snapping pictures of each page and collaborate on music with other members. Available on iOS and Android.
Who are the top competitors of Chromatik?
Who are Chromatik's investors?
Chromatik has 9 investors. Key investors include TakeLessons, 500 Global, Kapor Capital, MuckerLab, and Launchpad LA.
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