About Musiio
Musiio is a company based in Singapore (Singapore) founded in 2018 by Hazel Savage and Aron Pettersson was acquired by SoundCloud in May 2022.. Musiio has raised $1.06 million across 3 funding rounds from investors including SoundCloud, Wavemaker Partners and Francois Arbour. Musiio operates in a competitive market with competitors including AiMi, WAVs AI, AudAi, SongGPT and Tinnire, among others.
- Headquarter Singapore, Singapore
- Founders Hazel Savage, Aron Pettersson
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Musiio Pte. Ltd.
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Annual Revenue
$447.72 K (USD)121as on Apr 30, 2021
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Net Profit
$-513.04 K (USD)13as on Apr 30, 2021
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EBITDA
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Total Equity Funding
$1.06 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
SoundCloud
& 4 more
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Employee Count
Employee Count
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Acquired by
SoundCloud
(May 03, 2022)
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Funding Insights of Musiio
Musiio has successfully raised a total of $1.06M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Apr 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Musiio | Valuation | Francois Arbour , Paul Kempe |
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| Feb, 2019 | Amount | Seed - Musiio | Valuation | Wavemaker Partners , Exponential Creativity Ventures |
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| Apr, 2018 | Amount | Seed - Musiio | Valuation |
investors |
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| 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 Musiio
Musiio has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include SoundCloud, Wavemaker Partners and Francois Arbour. 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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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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Investments are focused on technology and creativity innovation.
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Founded Year | Domain | Location | |
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Music streaming services are provided online for free.
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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 Musiio
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Musiio
| 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 |
Musiio Comparisons
Competitors of Musiio
Musiio 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 AiMi, WAVs AI, AudAi, SongGPT and Tinnire, 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 |
AI-based platform offering personalized music to listeners
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| domain | founded_year | HQ Location |
AI music provider and streaming platform
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| domain | founded_year | HQ Location |
Online digital music studio provided to musicians via AI technology.
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| domain | founded_year | HQ Location |
AI-powered tools for songwriting and music composition are provided.
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| domain | founded_year | HQ Location |
A streaming platform featuring AI-generated music for listeners worldwide.
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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 Musiio
Frequently Asked Questions about Musiio
When was Musiio founded?
Musiio was founded in 2018.
Where is Musiio located?
Musiio is headquartered in Singapore, Singapore.
Who is the current CEO of Musiio?
Hazel Savage is the current CEO of Musiio. They have also founded this company.
Is Musiio a funded company?
Musiio is a funded company, having raised a total of $1.06M across 3 funding rounds to date. The company's 1st funding round was a Seed of $57K, raised on Apr 01, 2018.
What is the annual revenue of Musiio?
Annual revenue of Musiio is $447.72K as on Apr 30, 2021.
What does Musiio do?
Founded in 2018 in Singapore, Musiio functions as an AI-based platform in the music technology sector. Music catalogs are analyzed through deep learning algorithms to generate personalized recommendations. Streaming playlists are curated based on genres and artists, with services extended to web and mobile applications for user discovery and access. Operations are centered in Singapore.
Who are Musiio's investors?
Musiio has 5 investors. Key investors include SoundCloud, Wavemaker Partners, Francois Arbour, Paul Kempe, and Exponential Creativity Ventures.
What is Musiio's valuation?
The valuation of Musiio is $10M as of Jul 2021.
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