About Mdundo
Mdundo is a publicly listed company based in Nairobi (Kenya) founded in 2012. African music is streamed and downloaded on Mdundos platform. Mdundo has raised $125 thousand across 1 funding round from investors including 88mph. Its website mdundo.com draws about 2.1 million monthly visits. Mdundo offers products and services including Music Streaming Service, Music Download Service, and Artist Tracking Tool. Its focus areas include Consumer, Music Tech, Streaming and On Demand. Its legal entity is Mdundo.com A/S.
Company details
Mdundo was founded in 2012 in Nairobi, Kenya, as a music streaming service focused on African content. Songs are streamed and downloaded by users based on genres and artists, with options for creating personalized playlists. The platform operates via an Android mobile app. Revenue is generated through advertisements, in-app purchases, and subscription models, serving users across the region.
- Headquarters Nairobi, Kenya
- Stage Public
- SectorsMedia & Entertainment
- Website category Arts and Entertainment · Music
- Website play.mdundo.com/?utm_source=mdundo&utm_medium=geo&utm_campaign=geo_redirect
- Social LinkedIn X Facebook Instagram
- Legal Name Mdundo.Com A / S
- Annual Revenue$1.72 M (USD)-8.07as on Jun 30, 2025
- Net Profit-$1.36 M (USD)11.17as on Jun 30, 2025
- EBITDA-$907.95 K (USD)12.25as on Jun 30, 2025
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Angel Round
Aug 2013
- Investors
Products & Services of Mdundo
Mdundo offers a comprehensive portfolio of products and services, including Music Streaming Service, Music Download Service, and Artist Tracking Tool.
Platform for streaming African music and playlists
Service for legal MP3 downloads of African tracks
Tool to monitor fan engagement and royalties
Funding Insights of Mdundo
Mdundo has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Angel Round of $125 thousand completed in August 2013. 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 $125,000
- Total Rounds 1
- Last Round Angel Round — $125,000
- First Round $125,000
(Aug 2013)
- Investors Count 1
All 1 funding rounds of Mdundo 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 |
|---|---|---|---|---|---|
| Aug 2013 | $125,000 | Angel Round | – | – |
1 investors in total: 1 institutional.
Investors in Mdundo
Mdundo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 88mph.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused accelerator & VC firm investing in early stage companies in Africa | 88mph.ac | Nairobi, Kenya |
Investor details for Mdundo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mdundo
10 people are tracked at Mdundo (6 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Vivian Njeri | Head Of Brand Partnership East Africa | Leadership |
Martin Møller Nielsen | CEO | Leadership |
Sowari Akosionu | Chief Marketing Officer | Leadership |
Sandra Bartonjo | Head of Sales and Advertising | Leadership |
Rachel Karanu | Head of Brand Partnerships-Africa | Leadership |
Abella Mutalemwa | Head of Brand Partnerships/Ad Sales - Tanzania | Leadership |
frank zaga | Media Personality/ Youth Mentor / Presenter / Sociopreneur / Curation manager - Mdundo.com | Team |
Aloma Abagi | Senior Marketing Manager, EA | Team |
Etim Okon | Senior Manager, Marketing And Partnerships, West Africa. | Team |
Faith Njeri | Marketing Manager - Social Media | Team |
Complete people profiles for Mdundo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Mdundo
Mdundo is a publicly listed company on the OMXCOP with ticker symbol MDUNDO in Denmark, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Sep 2020
- Listed onOMXCOP: MDUNDO
- Listed entityMdundo.com A / S
- Exchange sectorTechnology services
- ISINDK0061286101
- Share price1.41 DKK (-6% on the day) · 2026-10-13
- Market capitalisation27,196,459.00 DKK
- EPS (diluted, trailing year)-0.28 DKK
- Volume (last session)24,199
Financials of Mdundo
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 11.0M DKK | -8.7M DKK | -5.8M DKK |
| 2024 | 11.9M DKK | -9.8M DKK | -6.6M DKK |
| 2023 | 12.6M DKK | -10.2M DKK | -7.8M DKK |
| 2022 | 7.3M DKK | -9.7M DKK | -8.1M DKK |
| 2021 | 2.3M DKK | -8.4M DKK | -6.3M DKK |
Detailed financial statements for Mdundo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Mdundo
3 dated milestones of Mdundo across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Mdundo is founded.
- Funding First funding round of $125K.
- IPO Lists on the stock exchange (IPO).
Web traffic of Mdundo
The website of Mdundo (mdundo.com) receives about 2.1M visits a month and ranks #24,853 among all websites worldwide, #2,081 in Music.
- Monthly visits2.1M
▼ 4.3% vs previous month
- Unique visitors1.2M
per month
- Global rank#24,853
among all websites
- Category rank#2,081
Arts and Entertainment · Music
- Bounce rate46%
- Pages per visit3.3
- Average visit1 min 54 sec
- DevicesDesktop 11% · Mobile 89%
Websites whose visitors overlap most with Mdundo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| last.fm | 100% | 28M | #1,367 | View details | |
getmziki.com | getmziki.com | 98% | – | ||
fakaza.com | fakaza.com | 87% | #60,899 | – | |
| hungama.com | 87% | #66,374 | View details | ||
musicme.com | musicme.com | 85% | #126,183 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mdundo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Mdundo
Complete news archive for Mdundo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mdundo
Mdundo was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Mdundo is headquartered in Nairobi, Kenya.
Mdundo is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Angel Round of $125K, raised on Aug 2013.
Annual revenue of Mdundo is $1.72M as on Jun 30, 2025.
Mdundo was founded in 2012 in Nairobi, Kenya, as a music streaming service focused on African content. Songs are streamed and downloaded by users based on genres and artists, with options for creating personalized playlists. The platform operates via an Android mobile app. Revenue is generated through advertisements, in-app purchases, and subscription models, serving users across the region.
Mdundo offers Music Streaming Service, Music Download Service, and Artist Tracking Tool.
Yes, Mdundo is publicly traded on OMXCOP under the ticker symbol MDUNDO.
Mdundo has 1 investor. Key investors include 88mph.
Mdundo operates through Mdundo.Com A/S.
The website of Mdundo receives about 2.1 million visits a month and ranks #24,853 among all websites worldwide.