About Deedo
Deedo is a company based in Arbouans (France) founded in 2017.. Deedo offers products and services including Deedo App and Deedoer Premium. Deedo operates in a competitive market with competitors including Mdundo, Simfy Africa, AfroCharts, Masuul and NicheStreem, among others.
- Headquarter Arbouans, France
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Sectors
Media & 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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Latest Funding Round
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Products & Services of Deedo
Deedo offers a comprehensive portfolio of products and services, including Deedo App and Deedoer Premium. 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.
App for accessing Pan-African music with genre selection
Unlimited ad-free music streaming and offline mode
Funding Insights of Deedo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Seed - Deedo | Valuation | General Delegation for Rapid Entrepreneurship |
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| 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 Deedo
Deedo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DER/FJ. 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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Entrepreneurship for women and youth in Senegal is supported.
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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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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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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 Deedo
| 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 - Deedo
| 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 |
Deedo Comparisons
Competitors of Deedo
Deedo 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 Mdundo, Simfy Africa, AfroCharts, Masuul and NicheStreem, 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 |
African music is streamed and downloaded on Mdundo's platform.
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African music and radio are streamed through Simfy Africa platform.
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| domain | founded_year | HQ Location |
Discover, stream, and download African music, charts, and artists online.
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| domain | founded_year | HQ Location |
Platform for Somali music content including lyrics and top artists online.
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| domain | founded_year | HQ Location |
On-demand music streaming platforms are developed for emerging markets.
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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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Frequently Asked Questions about Deedo
When was Deedo founded?
Deedo was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Deedo located?
Deedo is headquartered in Arbouans, France. It is registered at Arbouans, Bourgogne-franche-comte, France.
Who is the current CEO of Deedo?
Awa Girard is the current CEO of Deedo.
What does Deedo do?
Deedo was founded in 2017 in Arbouans, France, as a music streaming platform in the digital entertainment sector. User registration is facilitated on the service. Music from Pan-African artists is discovered and streamed according to genres and locations. DJ playlists are assembled based on user locations. Premium subscriptions are provided, varying by connection duration, stream quality, and ad presence.
Who are the top competitors of Deedo?
Deedo's top competitors include Mdundo, Simfy Africa and NicheStreem.
What products or services does Deedo offer?
Deedo offers Deedo App and Deedoer Premium.
Who are Deedo's investors?
Deedo has 1 investor. Key investors include DER/FJ.
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