About DAACI
DAACI is a company based in London (United Kingdom) founded in 2017.. DAACI has raised $4.9 million across 2 funding rounds from investors including UK Research and Innovation. The company has 3 employees as of September 30, 2021. DAACI has completed 2 acquisitions, including MXX and WiSL. DAACI offers products and services including Adaptive Music Editing Tools and Generative Music Composition Tools. DAACI operates in a competitive market with competitors including Splash, Aiva Technologies, LifeScore, Beatoven.ai and Riffusion, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 30 Sep, 2021
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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 Daaci Limited
- Date of Incorporation 22 Dec, 2020
- 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
$4.9 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
3
as on Sep 30, 2021
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Investments & Acquisitions
MXX
& 1 more
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Products & Services of DAACI
DAACI offers a comprehensive portfolio of products and services, including Adaptive Music Editing Tools and Generative Music Composition 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.
Tools for real-time music adaptation in content and gaming.
AI for creating new music compositions efficiently.
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Funding Insights of DAACI
DAACI has successfully raised a total of $4.9M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(22 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Grant - DAACI | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - DAACI | Valuation |
investors |
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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 DAACI
DAACI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UK Research and Innovation. 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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Research and innovation funding is managed for UK advancement.
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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 DAACI
DAACI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MXX and WiSL. 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-based music creation solutions are offered via an online platform.
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2021 | ||||
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AI-enabled music editing solutions are provided for video synchronization.
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2015 |
| 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 - DAACI
| 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 |
Daaci Comparisons
Competitors of DAACI
DAACI 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 Splash, Aiva Technologies, LifeScore, Beatoven.ai and Riffusion, 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 |
PC and console musical gameplay is developed with AI instruments.
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| domain | founded_year | HQ Location |
AI platform composes soundtracks and songs based on user inputs.
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| domain | founded_year | HQ Location |
AI-based software for real-time music creation is provided by LifeScore.
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| domain | founded_year | HQ Location |
Royalty-free AI-generated music is created and licensed for users.
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| domain | founded_year | HQ Location |
Real-time music generation is enabled by an open-source AI model.
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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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| 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 Daaci
Frequently Asked Questions about DAACI
When was DAACI founded?
DAACI was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is DAACI located?
DAACI is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of DAACI?
Rachel Lyske is the current CEO of DAACI.
Is DAACI a funded company?
DAACI is a funded company, having raised a total of $4.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.9M, raised on Jun 22, 2022.
How many employees does DAACI have?
As of Sep 30, 2021, the latest employee count at DAACI is 3.
What does DAACI do?
DAACI was founded in 2017 and is headquartered in London, United Kingdom. AI-driven tools for music generation are developed and offered by the company within the music technology sector. Custom music tracks are produced based on user-specified requirements, such as style or mood. These solutions are employed by composers and content creators for professional applications. Operations focus on accessible, technology-enabled music production services.
What products or services does DAACI offer?
DAACI offers Adaptive Music Editing Tools and Generative Music Composition Tools.
Who are DAACI's investors?
DAACI has 1 investor. Key investors include UK Research and Innovation.
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