About Ministry of Sound
Ministry of Sound is a company based in London (United Kingdom) founded in 1991 by James Palumbo, Humphrey Waterhouse, and Marc Walher was acquired by Sonymusic in August 2016.. Ministry of Sound has raised $34.22 million across 1 funding round from investors including 3i Group and Sonymusic. The company has 40 employees as of January 31, 2021. Ministry of Sound offers products and services including Events and Music Services and Venue Hire Services.
- Headquarter London, United Kingdom
- Employees 40 as on 31 Jan, 2021
- Founders James Palumbo, Humphrey Waterhouse, Marc Walher
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ministry Of Sound
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Annual Revenue
$410.91 K (USD)42as on Dec 31, 2022
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Net Profit
$-473.85 K (USD)-59as on Dec 31, 2022
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EBITDA
$-418.28 K (USD)-13as on Dec 31, 2022
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Total Equity Funding
$34.22 M (USD)
in 1 rounds
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Latest Funding Round
$34.22 M (USD), Private Equity Round
Aug 10, 2001
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Investors
3i Group
& 1 more
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Employee Count
40
as on Jan 31, 2021
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Acquired by
Sonymusic
(Aug 10, 2016)
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Products & Services of Ministry of Sound
Ministry of Sound offers a comprehensive portfolio of products and services, including Events and Music Services and Venue Hire Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Dance music events and festivals are organized for public attendance
Spaces are provided for external events and functions
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Operations Team
1 people
Leadership Team
1 people
Senior Team
1 people
Finance and Accounting
1 people
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Funding Insights of Ministry of Sound
Ministry of Sound has successfully raised a total of $34.22M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $34.22 million completed in August 2001. 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 Private Equity Round — $34.2M
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First Round
First Round
(10 Aug 2001)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2001 | Amount | Private Equity Round - Ministry of Sound | Valuation |
investors |
| 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 Ministry of Sound
Ministry of Sound has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include 3i Group and Sonymusic. 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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Private equity firm focused on mid-market businesses
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Founded Year | Domain | Location | |
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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 Ministry of Sound
| 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 - Ministry of Sound
| 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 |
Ministry Of Sound Comparisons
Competitors of Ministry of Sound
| 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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Frequently Asked Questions about Ministry of Sound
When was Ministry of Sound founded?
Ministry of Sound was founded in 1991 and raised its 1st funding round 10 years after it was founded.
Where is Ministry of Sound located?
Ministry of Sound is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Ministry of Sound a funded company?
Ministry of Sound is a funded company, having raised a total of $34.22M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $34.22M, raised on Aug 10, 2001.
How many employees does Ministry of Sound have?
As of Jan 31, 2021, the latest employee count at Ministry of Sound is 40.
What is the annual revenue of Ministry of Sound?
Annual revenue of Ministry of Sound is $410.91K as on Dec 31, 2022.
What does Ministry of Sound do?
Established in 1991 in London, United Kingdom, operations focus on the entertainment sector through a nightclub venue where musical performances and events are hosted. Venue hire services for private functions and corporate gatherings are available. Additional offerings include tours, festivals, and an on-site fitness center. A members club is maintained to provide exclusive access and related benefits.
What products or services does Ministry of Sound offer?
Ministry of Sound offers Events and Music Services and Venue Hire Services.
Who are Ministry of Sound's investors?
Ministry of Sound has 2 investors. Key investors include 3i Group, and Sonymusic.