Jukedeck

London, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By ByteDance
Royalty-free music is automatedly created for user-specified moods and genres.
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About Jukedeck

Jukedeck is a company based in London (United Kingdom) founded in 2012 was acquired by ByteDance in July 2019.. Jukedeck has raised $3.83 million across 2 funding rounds from investors including ByteDance, Cambridge Enterprise and Playfair Capital. The company has 18 employees as of February 28, 2018. Jukedeck operates in a competitive market with competitors including Splash, LifeScore, Aiva Technologies, Amper Music and DAACI, among others.

  • Headquarter London, United Kingdom
  • Employees 18 as on 28 Feb, 2018
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jukedeck Limited
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.83 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Dec 07, 2015

  • Investors
    ByteDance

    & 4 more

  • Employee Count
    18

    as on Feb 28, 2018

  • Acquired by
    ByteDance

    (Jul 23, 2019)

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Funding Insights of Jukedeck

Jukedeck has successfully raised a total of $3.83M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in December 2015. 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 Rounds 2
  • Last Round Series A — $3.0M
  • First Round

    (01 Sep 2014)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2015 Amount Series A - Jukedeck Valuation

investors

Sep, 2014 Amount Seed - Jukedeck Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jukedeck

Jukedeck has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include ByteDance, Cambridge Enterprise and Playfair Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Pre-seed technology investments are targeted by Playfair Capital's venture fund.
Founded Year Domain Location
Tech companies are invested in by Parkwalk venture capital firm.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jukedeck

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Jukedeck

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jukedeck Comparisons

Employees
+
Add Comparison
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Competitors of Jukedeck

Jukedeck 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, LifeScore, Aiva Technologies, Amper Music and DAACI, 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.
domain founded_year HQ Location
AI-based software for real-time music creation is provided by LifeScore.
domain founded_year HQ Location
AI platform composes soundtracks and songs based on user inputs.
domain founded_year HQ Location
AI-generated music is created for videos based on selected emotions.
domain founded_year HQ Location
AI-based solutions for music creation are provided to users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jukedeck

Frequently Asked Questions about Jukedeck

When was Jukedeck founded?

Jukedeck was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Jukedeck located?

Jukedeck is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Jukedeck a funded company?

Jukedeck is a funded company, having raised a total of $3.83M across 2 funding rounds to date. The company's 1st funding round was a Seed of $829.8K, raised on Sep 01, 2014.

How many employees does Jukedeck have?

As of Feb 28, 2018, the latest employee count at Jukedeck is 18.

What does Jukedeck do?

Jukedeck is an automated music creation platform. It creates royalty-free music automatically and personalized music through automation technology. It creates music based on the users mood, genre, and time specifications. It provides music creation that is primarily used for video background. Generates revenue through subscriptions. It has also launched a social sharing application Riffjam, a platform that converts speech to music. It also provides audio file API for video creation, games, music making, advertising, e-commerce, retail, AYVR, content automation, and others.

Who are the top competitors of Jukedeck?

Jukedeck's top competitors include Udio, Splash and Mubert.

Who are Jukedeck's investors?

Jukedeck has 5 investors. Key investors include ByteDance, Cambridge Enterprise, Playfair Capital, Parkwalk, and Cambridge Innovation Capital.

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