About makromusic
makromusic is a company based in Istanbul (Turkey) founded in 2020 by Ataberk Ozaydın and Atakan Gulbahar.. makromusic has raised $15 million across 1 funding round from investors including Q Angels, Ihsan Elgin and Ilker Diker. makromusic operates in a competitive market with competitors including Myspace, FanLabel, Ultimate Guitar, SpinMedia and Jammcard, among others.
- Headquarter Istanbul, Turkey
- Founders Ataberk Ozaydın, Atakan Gulbahar
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Seed
Nov 11, 2024
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Investors
Q Angels
& 7 more
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Employee Count
Employee Count
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Funding Insights of makromusic
makromusic has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Seed round of $15 million completed in November 2024. 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 1
- Last Round Seed — $15.0M
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First Round
First Round
(11 Nov 2024)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - makromusic | Valuation | Q Angels |
| 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 makromusic
makromusic has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Q Angels, Ihsan Elgin and Ilker Diker. 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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Q Angels is operated as an angel investment network for startups.
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Founded Year | Domain | Location | |
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IE
Ihsan Elgin |
Angel investor, entrepreneur, focused on tech startups in India and globally.
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Founded Year | Domain | Location |
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ID
Ilker Diker |
Angel investor focusing on Indian startups, tech enthusiast
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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 makromusic
| 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 - makromusic
| 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 |
Makromusic Comparisons
Competitors of makromusic
makromusic 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 Myspace, FanLabel, Ultimate Guitar, SpinMedia and Jammcard, 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 |
On-demand music streaming and content sharing platform
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| domain | founded_year | HQ Location |
FanLabel is operated as a music-based gaming platform.
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| domain | founded_year | HQ Location |
Operates a social networking platform for music enthusiasts and artists.
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| domain | founded_year | HQ Location |
Networking platforms for music and pop culture fans are operated.
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| domain | founded_year | HQ Location |
Online social platform for music professionals
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Makromusic
Frequently Asked Questions about makromusic
When was makromusic founded?
makromusic was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is makromusic located?
makromusic is headquartered in Istanbul, Turkey.
Who is the current CEO of makromusic?
Ataberk Ozaydın is the current CEO of makromusic. They have also founded this company.
Is makromusic a funded company?
makromusic is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Seed of $15M, raised on Nov 11, 2024.
What does makromusic do?
Makromusic is an online platform where users can connect with based on their music tastes. Users have to connect their Spotify account and the playlists. Based on the playlists users are matched with other users. The application is available for Android and iOS users. It monetizes through in-app purchases.
Who are the top competitors of makromusic?
Who are makromusic's investors?
makromusic has 8 investors. Key investors include Q Angels, Ihsan Elgin, Ilker Diker, Kaya Diker, and Volkan Bicer.
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