About Musixen
Musixen is a company based in Besiktas (Turkey) founded in 2020 by Mustafa Kemal Temel.. Musixen has raised $2 million across 1 funding round from investors including Plug and Play Tech Center, Re-Pie and Platform XIT. Musixen operates in a competitive market with competitors including Moment, LiveXLive, LA Phil, Set.fm and Flymachine, among others.
- Headquarter Besiktas, Turkey
- Founders Mustafa Kemal Temel
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Apr 11, 2022
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Investors
Plug and Play Tech Center
& 2 more
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Employee Count
Employee Count
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Funding Insights of Musixen
Musixen has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2022. 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 Seed — $2.0M
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First Round
First Round
(11 Apr 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Musixen | Valuation | Plug and Play Tech Center , Re-Pie |
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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 Musixen
Musixen has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Re-Pie and Platform XIT. 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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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Provides portfolio management for investment funds like real estate and securities.
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Founded Year | Domain | Location | |
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Provides investment and consulting services for tech startups globally.
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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 Musixen
| 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 - Musixen
| 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 |
Musixen Comparisons
Competitors of Musixen
Musixen 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 Moment, LiveXLive, LA Phil, Set.fm and Flymachine, 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 |
Virtual events tickets are booked through an online platform.
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| domain | founded_year | HQ Location |
Live music events are streamed through an online platform.
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| domain | founded_year | HQ Location |
Online streaming of musical performances and events is facilitated.
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| domain | founded_year | HQ Location |
Live concert audio streaming platform
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| domain | founded_year | HQ Location |
Live event tickets are facilitated via an online marketplace platform.
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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 Musixen
Frequently Asked Questions about Musixen
When was Musixen founded?
Musixen was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Musixen located?
Musixen is headquartered in Besiktas, Turkey. It is registered at Besiktas, Istanbul, Turkey.
Is Musixen a funded company?
Musixen is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 11, 2022.
What does Musixen do?
Online platform for streaming live concerts. It allows fans to stream concerts but various artists. They can also create private chatrooms with their friends. The app is available for Android and iOS users.
Who are the top competitors of Musixen?
Who are Musixen's investors?
Musixen has 3 investors. Key investors include Plug and Play Tech Center, Re-Pie, and Platform XIT.
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