About MyMusicTaste
MyMusicTaste is a company based in Seoul (South Korea) founded in 2013.. MyMusicTaste has raised $21 million across 2 funding rounds from investors including CJ, KTB Network and Samsung Ventures. MyMusicTaste offers products and services including Event Platform and Fan Community Tools. MyMusicTaste operates in a competitive market with competitors including MUSICOW, Makestar, KAVE, Krowdpop and Kpopfunding, among others.
- Headquarter Seoul, South Korea
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Sectors
Financial ServicesMedia & Entertainment Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name My Music Taste Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Series C
Nov 07, 2017
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Investors
CJ
& 11 more
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Employee Count
Employee Count
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Products & Services of MyMusicTaste
MyMusicTaste offers a comprehensive portfolio of products and services, including Event Platform and Fan Community Tools. 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.
Platform for discovering music concerts and fan interactions
Tools for fan polls, discussions, and event queries
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Funding Insights of MyMusicTaste
MyMusicTaste has successfully raised a total of $21M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $11 million completed in November 2017. 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 2
- Last Round Series C — $11.0M
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First Round
First Round
(07 Jan 2016)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series C - MyMusicTaste | Valuation | KTB Network | |
| Jan, 2016 | Amount | Series A - MyMusicTaste | Valuation | SBVA |
| 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 MyMusicTaste
MyMusicTaste has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include CJ, KTB Network and Samsung 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Stage & sector-agnostic VC firm funding companies in South Korea and the US
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Founded Year | Domain | Location | |
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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Founded Year | Domain | Location | |
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VC Firm investing in the US
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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 MyMusicTaste
| 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 - MyMusicTaste
| 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 |
Mymusictaste Comparisons
Competitors of MyMusicTaste
MyMusicTaste 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 MUSICOW, Makestar, KAVE, Krowdpop and Kpopfunding, 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 |
Fintech platform that enables users to buy and sell fractional ownership of music rights
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| domain | founded_year | HQ Location |
Online platform for merchandise sales and event partnerships in Korea.
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| domain | founded_year | HQ Location |
Provider of K-POP concert live streaming service platform
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| domain | founded_year | HQ Location |
Serves as a crowdfunding platform for K-pop concerts.
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| domain | founded_year | HQ Location |
An online crowdfunding platform dedicated to supporting Korean pop artists.
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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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Frequently Asked Questions about MyMusicTaste
When was MyMusicTaste founded?
MyMusicTaste was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is MyMusicTaste located?
MyMusicTaste is headquartered in Seoul, South Korea.
Is MyMusicTaste a funded company?
MyMusicTaste is a funded company, having raised a total of $21M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jan 07, 2016.
What does MyMusicTaste do?
MyMusicTaste was founded in 2013 in Seoul, South Korea, and operates within the music and live events sector. Requests from fans for specific artists to perform in chosen cities are enabled, including statements of willingness to pay. Partnerships with event planners and artists are established to organize events. Revenue is generated through commissions on platform ticket sales and fees for event promotion.
Who are the top competitors of MyMusicTaste?
What products or services does MyMusicTaste offer?
MyMusicTaste offers Event Platform and Fan Community Tools.
Who are MyMusicTaste's investors?
MyMusicTaste has 12 investors. Key investors include CJ, KTB Network, Samsung Ventures, Formation 8, and Golden Gate Ventures.