About Exfm
Exfm is a Media & Entertainment company based in New York (United States) founded in 2010, and was acquired by Napster in August 2014. Personal music library is constructed via automated song identification. Exfm has raised $2.75 million across 3 funding rounds from investors including Napster, Spark Capital and Betaworks. The company was acqui-hired. Its focus areas include Consumer, Music Tech, Music Discovery and Songs. Its competitors include Tunefind, Farsi Town and Songit.
Company details
Exfm was founded in 2010 in New York, United States, as a platform in the music discovery sector. Songs encountered during web browsing were identified automatically and cataloged to form personal libraries. MP3 files detected online were collected, with recommendations generated from the accumulated data. Operations focused on social sharing of music experiences. The company was acquired by Rhapsody in July 2014.
Funding Insights of Exfm
Exfm has successfully raised a total of $2.75M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in February 2012. 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 $2.75M
- Total Rounds 3
- Last Round Seed — $1.5M
- First Round $500,000
(May 2010)
- Investors Count 3
All 3 funding rounds of Exfm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2012 | $1.5M | Seed | – | Spark Capital | – |
| Apr 2011 | $750,001 | Seed | – | Betaworks, Founder Collective | – |
| May 2010 | $500,000 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Exfm
Exfm has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Napster, Spark Capital and Betaworks.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Investing in creators, organizing AI events, and building community in New York. | betaworks.com | |||
Venture capital firm focused on tech sectors | foundercollective.com | Cambridge, United States | ||
Napster is recognized for providing music streaming platform solutions. | 1999 | napster.com | Los Angeles, United States |
Investor details for Exfm
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Exfm
4 dated milestones of Exfm across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Exfm is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Seed, of $1.5M.
- Exit Acquired by Napster.
Competitors of Exfm
Exfm has 3 listed competitors in our database. They include Tunefind, Farsi Town and Songit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tunefind.com | 2005 | San Francisco, United States | Music discovery platform for TV and movies | |||
| farsitown.com | 2014 | Los Angeles, United States | Delivers a music identification and discovery application for users. | |||
| songit.co | 2022 | Los Angeles, United States | Operates an online app for discovering songs and accessing lyrics easily. |
Detailed competitors of Exfm
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Exfm
Websites that share an audience with Exfm (ex.fm).
Websites whose visitors overlap most with Exfm. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
northernsoulmusic.co.uk | northernsoulmusic.co.uk | 100% | – | ||
hypem.com | hypem.com | 96% | #551,648 | – | |
832meronpan.hateblo.jp | 832meronpan.hateblo.jp | 95% | – | ||
| rcrdlbl.com | 92% | View details | |||
| grooveshark.com | 85% | 4.6K | #6,202,118 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Exfm
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 20 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Music Tech
3 companies that operate in the same segment as Exfm (Music Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-generated music and lyrics are created on an online platform. | 2021 | Cambridge, Massachusetts, United States | USD 775 M | 497 | ||
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | |||
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | 44 |
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Frequently Asked Questions about Exfm
Exfm was founded in 2010.
Exfm is headquartered in New York, United States. It is registered at New York, New York, United States.
Exfm is a funded company, having raised a total of $2.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 2010.
Exfm was founded in 2010 in New York, United States, as a platform in the music discovery sector. Songs encountered during web browsing were identified automatically and cataloged to form personal libraries. MP3 files detected online were collected, with recommendations generated from the accumulated data. Operations focused on social sharing of music experiences. The company was acquired by Rhapsody in July 2014.
Exfm's top competitors include Tunefind, Farsi Town and Songit.
Exfm has 4 investors. Key investors include Napster, Spark Capital, Betaworks, and Founder Collective.
Yes. Exfm was acquired by Napster in August 2014.