About Next Big Sound
Next Big Sound is a company based in New York (United States) founded in 2008 was acquired by Pandora in May 2015.. Next Big Sound has raised $7.58 million across 5 funding rounds from investors including Pandora, Techstars and IA Ventures. Next Big Sound operates in a competitive market with competitors including Chartmetric, ForTunes, Instrumental., The Echo Nest and Music Stats for Spotify, among others.
- Headquarter New York, United States
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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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Funding Insights of Next Big Sound
Next Big Sound has successfully raised a total of $7.58M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in January 2012. 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 5
- Last Round Series A — $6.5M
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First Round
First Round
(01 Aug 2008)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2012 | Amount | Series A - Next Big Sound | Valuation | IA Ventures | |
| Mar, 2010 | Amount | Seed - Next Big Sound | Valuation | Alsop Louie Partners , Uncork Capital | |
| Sep, 2009 | Amount | Seed - Next Big Sound | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Next Big Sound
Next Big Sound has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Pandora, Techstars and IA 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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Seed and early-stage venture capital firm focusing on investments in technology and fintech companies
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Venture capital is invested in early-stage tech startups.
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Venture capital is invested in multiple sectors by Uncork Capital.
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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 Next Big 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Next Big 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Next Big Sound Comparisons
Competitors of Next Big Sound
Next Big Sound 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 Chartmetric, ForTunes, Instrumental., The Echo Nest and Music Stats for Spotify, 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 |
Data-driven music analytics for artists and labels are provided.
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| domain | founded_year | HQ Location |
Analytics platform for music professionals is provided by ForTunes.
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| domain | founded_year | HQ Location |
Distribution management services for independent artists are provided.
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| domain | founded_year | HQ Location |
Music intelligence is provided through a data-driven platform.
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| domain | founded_year | HQ Location |
A mobile application that analyzes Spotify usage data for users.
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| domain | founded_year | HQ Location |
An online platform delivering advanced music analytics solutions.
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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 Next Big Sound
Frequently Asked Questions about Next Big Sound
When was Next Big Sound founded?
Next Big Sound was founded in 2008.
Where is Next Big Sound located?
Next Big Sound is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Next Big Sound a funded company?
Next Big Sound is a funded company, having raised a total of $7.58M across 5 funding rounds to date. The company's 1st funding round was a Seed of $585K, raised on Aug 01, 2008.
What does Next Big Sound do?
Next Big Sound is an online music analytics platform which provides analysis, insights, tracking of thousands of artists across all major networking and media platforms like Facebook, Twitter, MySpace, Youtube, Wikipedia, etc. Musicians can track online traffic to their sites, unit sales and radio data along social media networks to gain insights from activity, both online and offline. The Next Big Sound Premier platform provides a granular view of the fan density, sales, and site traffic geographically in forms of charts and tables. It works with independent artists, producers and record labels in understanding the big data and help in taking informed decisions based on them. It got acquired by Pandora in July 2015 for an undisclosed amount.
Who are the top competitors of Next Big Sound?
Next Big Sound's top competitors include Chartmetric, Instrumental. and ForTunes.
Who are Next Big Sound's investors?
Next Big Sound has 6 investors. Key investors include Pandora, Techstars, IA Ventures, Foundry, and Uncork Capital.
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