About Musical.ly
Musical.ly is a company based in Shanghai (China) founded in 2013 was acquired by ByteDance in November 2017.. Musical.ly has raised $100 million across 4 funding rounds from investors including ByteDance, Qiming Venture Partners and Kingsoft Network Technology. Musical.ly operates in a competitive market with competitors including Smule, StarMaker, Singa, Changba and WOMBO, among others.
- Headquarter Shanghai, China
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Musical.ly
Musical.ly has successfully raised a total of $100M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in May 2016. 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 4
- Last Round Series C — $100.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2016 | Amount | Series C - Musical.ly | Valuation |
investors |
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| Jun, 2015 | Amount | Series B - Musical.ly | Valuation |
investors |
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| Apr, 2015 | Amount | Series A - Musical.ly | 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 Musical.ly
Musical.ly has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include ByteDance, Qiming Venture Partners and Kingsoft Network Technology. 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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Venture capital investments are directed toward multiple sectors.
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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 Musical.ly
| 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 - Musical.ly
| 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 |
Musical.Ly Comparisons
Competitors of Musical.ly
Musical.ly 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 Smule, StarMaker, Singa, Changba and WOMBO, 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 |
Developer of social music creation and sharing apps
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| domain | founded_year | HQ Location |
Music creation and karaoke sharing for amateurs are enabled.
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| domain | founded_year | HQ Location |
Online karaoke platform
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| domain | founded_year | HQ Location |
Karaoke performances are shared through a mobile application platform.
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| domain | founded_year | HQ Location |
AI-generated lip-sync videos are created and shared socially.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Musical.Ly
Frequently Asked Questions about Musical.ly
When was Musical.ly founded?
Musical.ly was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Musical.ly located?
Musical.ly is headquartered in Shanghai, China.
Is Musical.ly a funded company?
Musical.ly is a funded company, having raised a total of $100M across 4 funding rounds to date.
What does Musical.ly do?
Musical.ly was established in 2013 in Shanghai, China, as a digital platform in the social media sector focused on video production. Short clips are recorded by users, with music tracks chosen from an integrated library or personal devices. Editing tools such as filters, accelerated and decelerated motion, time-lapse effects, and video reversal are incorporated. Finished content is distributed to networks including Instagram, Facebook, Twitter, Messenger, and WhatsApp.
Who are the top competitors of Musical.ly?
Who are Musical.ly's investors?
Musical.ly has 8 investors. Key investors include ByteDance, Qiming Venture Partners, Kingsoft Network Technology, GGV Capital, and Greylock Partners.
What is Musical.ly's valuation?
The valuation of Musical.ly is $500M as of May 2016.
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