Melodie

Glebe, Australia Founded: 2017 • Age: 9 yrs
AI-powered online music distribution and purchasing platform
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About Melodie

Melodie is a company based in Glebe (Australia) founded in 2017 by Evan Buist.. Melodie has raised $2.6 million across 3 funding rounds from investors including Nick Menere, Peter Strain and Future Now Ventures. Melodie operates in a competitive market with competitors including Bandcamp, Soribada, EVEN, Amadeus Code and Uppbeat, among others.

  • Headquarter Glebe, Australia
  • Founders Evan Buist
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1 M (USD), Series A

    May 16, 2024

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Melodie

Melodie has successfully raised a total of $2.6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in May 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 Rounds 3
  • Last Round Series A — $1.0M
  • First Round

    (15 Sep 2021)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Series A - Melodie Valuation

investors

Apr, 2023 Amount Series A - Melodie Valuation Nick Menere , Peter Strain
Sep, 2021 Amount Seed - Melodie Valuation Future Now Ventures
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 Melodie

Melodie has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Nick Menere, Peter Strain and Future Now Ventures. 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
Angel
Investor Description Founded Year Domain Location
Investment in fast-growth technology companies is facilitated.
Founded Year Domain Location

Nick Menere

Angel investor, ex-Grab executive, focused on Indian startups
Founded Year Domain Location

Peter Strain

Indian angel investor focusing on early-stage tech startups.
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 Melodie

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 - Melodie

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

Melodie Comparisons

Employees
+
Add Comparison
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Competitors of Melodie

Melodie 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 Bandcamp, Soribada, EVEN, Amadeus Code and Uppbeat, 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
Online music crowdfunding platform for labels and artists
domain founded_year HQ Location
Korean music is provided via a digital download service.
domain founded_year HQ Location
Music marketplace and fan engagement platform is operated online.
domain founded_year HQ Location
Artificial intelligence-based collaborative tool for music creation
domain founded_year HQ Location
Digital music store
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 Melodie

Frequently Asked Questions about Melodie

When was Melodie founded?

Melodie was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is Melodie located?

Melodie is headquartered in Glebe, Australia. It is registered at Glebe, New South Wales, Australia.

Is Melodie a funded company?

Melodie is a funded company, having raised a total of $2.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Sep 15, 2021.

What does Melodie do?

AI-powered online music distribution and purchasing platform. Users can browse and purchase licensed music based on genre, mood, instrument, purpose, BPM, musical keys, and more.

Who are the top competitors of Melodie?

Melodie's top competitors include Bandcamp, Uppbeat and Soribada.

Who are Melodie's investors?

Melodie has 3 investors. Key investors include Nick Menere, Peter Strain, and Future Now Ventures.

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