HIFI

New York, United States Founded: 2003 • Age: 23 yrs Acquired By Block
Funding is provided to music artists by HIFI.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About HIFI

HIFI is a company based in New York (United States) founded in 2003 by Damian Manning was acquired by Block in October 2023. HIFI has completed 1 acquisition, including The Music Fund. HIFI offers products and services including Financial Products and Economic Empowerment Services.

  • Headquarter New York, United States
  • Founders Damian Manning
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hifi, Inc.
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Block

    & 7 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Block

    (Oct 11, 2023)

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Products & Services of HIFI

HIFI offers a comprehensive portfolio of products and services, including Financial Products and Economic Empowerment Services.

Product name locked
Category locked
Primary

Innovative financial tools are offered to artists to achieve transparency and independence in their financial dealings

Product name locked
Category locked
Locked

Services are provided to support artists' careers through financial technologies and ecosystems

People of HIFI

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Alex Levy
Senior Full Stack Engineer
People
Thomas Jerde
Data Science Vice President

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Funding Insights of HIFI

Investors in HIFI

HIFI has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include Block, Wasserman and 88Rising.

All
Institutional
Investor Description Founded Year Domain Location
Capitol Music Group is focused on signing and developing artists.
Locked Locked Locked
Provider of artist management services
Locked Locked Locked
Digital marketing, branding, and SMM services are offered.
Locked Locked Locked
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Investor details for HIFI

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by HIFI

HIFI has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Music Fund.

Investments
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Investment portfolio details for HIFI

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Crowdfunding platform for individuals artists
Locked Locked 2017 Locked
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Complete acquisition details for HIFI

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - HIFI

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Detailed financials for HIFI

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Hifi Comparisons

HIFI Primary company
Description
Funding is provided to music artists by HIFI.
Location
New York, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for HIFI

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of HIFI

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Detailed competitors of HIFI

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Hifi

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Complete news archive for HIFI

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about HIFI

HIFI was founded in 2003 and raised its 1st funding round 12 years after it was founded.

HIFI is headquartered in New York, United States. It is registered at New York, New York, United States.

Damian Manning is the current CEO of HIFI. They have also founded this company.

HIFI was established in 2003 in New York, United States, with a focus on the music industry. Financial support is extended to artists through targeted funding programs. Operations are centered on facilitating access to capital for creative projects in music. Leadership is provided by Damian Manning as Founder and CEO, alongside William Griggs as CEO. Services are delivered primarily in the United States, supporting artist development without additional investment vehicles.

HIFI offers Financial Products and Economic Empowerment Services.

HIFI has made 1 acquisition, including The Music Fund.

HIFI has 8 investors. Key investors include Block, Wasserman, 88Rising, Red Light Management, and Capitol Music Group.

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