About Cyanite
Cyanite is a company based in Mannheim (Germany) founded in 2019.. Cyanite has raised $812.18 thousand across 1 funding round from investors including Oke Göttlich, Henning Thieß and Michael Shmilov. Cyanite has completed 1 acquisition, including aptone. Cyanite offers products and services including Auto-Tagging, Auto-Descriptions, Similarity Search, Free Text Search, and Visualizations. Cyanite operates in a competitive market with competitors including Snackable, Musimap, Harmix, Listen Notes and TuneUp, among others.
- Headquarter Mannheim, Germany
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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
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- Legal Name Elceedee Ug
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$812.18 K (USD)
in 1 rounds
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Latest Funding Round
$812.18 K (USD), Seed
Jul 29, 2022
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Investors
LionCorn Capital
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Cyanite
Cyanite offers a comprehensive portfolio of products and services, including Auto-Tagging, Auto-Descriptions, Similarity Search, Free Text Search, and Visualizations. 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.
Automatically adds tags like genre and mood to songs for cataloging.
Generates natural language narratives for song essence and mood.
Finds similar songs based on sound, vibe, and other factors.
Allows intuitive discovery of music using descriptive prompts.
Converts musical data into graphs for better understanding.
Provides visual overviews and insights into music libraries.
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Funding Insights of Cyanite
Cyanite has successfully raised a total of $812.18K through 1 strategic funding round. The most recent funding activity was a Seed round of $812.18 thousand completed in July 2022. 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 1
- Last Round Seed — $812,176
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First Round
First Round
(29 Jul 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2022 | Amount | Seed - Cyanite | Valuation | Oke Göttlich , Henning Thieß |
| 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 Cyanite
Cyanite has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Oke Göttlich, Henning Thieß and Michael Shmilov. 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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Startup and venture capital investments are facilitated by LionCorn Capital.
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Oke Göttlich |
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Cyanite
Cyanite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include aptone. 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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AI and cloud-based music sample management software is provided.
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2021 |
| 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 - Cyanite
| 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 |
Cyanite Comparisons
Competitors of Cyanite
Cyanite 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 Snackable, Musimap, Harmix, Listen Notes and TuneUp, 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 |
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| domain | founded_year | HQ Location |
AI-based platform for audio content discovery
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Music recommendation technology provider for music firms
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| domain | founded_year | HQ Location |
Music is searched and selected via AI for content creators.
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| domain | founded_year | HQ Location |
Podcasts are aggregated online for user search and browsing.
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| domain | founded_year | HQ Location |
Serves as a platform for music metadata identification and library organization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Cyanite
Frequently Asked Questions about Cyanite
When was Cyanite founded?
Cyanite was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Cyanite located?
Cyanite is headquartered in Mannheim, Germany. It is registered at Mannheim, Baden-wurttemberg, Germany.
Is Cyanite a funded company?
Cyanite is a funded company, having raised a total of $812.18K across 1 funding round to date. The company's 1st funding round was a Seed of $812.18K, raised on Jul 29, 2022.
What does Cyanite do?
Metadata solutions provider for the music industry. Users can tag their catalog, search for music, recommend music to listeners based on their preference to reduce dropoff, and more. The platform offers graphic visualization of listeners choices, allowing users to understand audiences tastes. It offers a web app or an API that can be integrated into their systems.
Who are the top competitors of Cyanite?
What products or services does Cyanite offer?
Cyanite offers Auto-Tagging, Auto-Descriptions, Similarity Search, Free Text Search, and 2 more products and services.
How many acquisitions has Cyanite made?
Cyanite has made 1 acquisition, including aptone.
Who are Cyanite's investors?
Cyanite has 11 investors. Key investors include Oke Göttlich, Henning Thieß, Michael Shmilov, Patrick Joest, and Lars Ettrup.