About Nimbit
Nimbit is a company based in Framingham (United States) founded in 2004 was acquired by PreSonus Audio Electronics in July 2012. Nimbit has raised $3.44 million across 4 funding rounds from investors including PreSonus Audio Electronics, Vocal Remover and Hub Angels. Nimbit operates in a competitive market with competitors including Song Kick, Accesso, Explara, SquadUP and Veeps, among others.
- Headquarter Framingham, United States
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Sectors
TechnologyMedia & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.44 M (USD)
in 4 rounds
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Latest Funding Round
$1.25 M (USD), Series A
Mar 10, 2011
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Investors
PreSonus Audio Electronics
& 3 more
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Employee Count
Not available
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Acquired by
PreSonus Audio Electronics
(Jul 11, 2012)
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Funding Insights of Nimbit
Nimbit has successfully raised a total of $3.44M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.25 million completed in March 2011. 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.
Investors in Nimbit
Nimbit has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include PreSonus Audio Electronics, Vocal Remover and Hub Angels.
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An online service for removing vocals from music tracks is provided.
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Angel Network for companies based in Boston
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Early stage investment fund is managed for innovative ventures.
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Investor details for Nimbit
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Investments & Acquisitions by Nimbit
Investment portfolio details for Nimbit
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Financial Statements - Nimbit
Detailed financials for Nimbit
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Nimbit Comparisons
Peer comparison for Nimbit
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Competitors of Nimbit
Nimbit 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 Song Kick, Accesso, Explara, SquadUP and Veeps, among others.
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An online marketplace for concert tickets is facilitated.
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Virtual queuing and ticketing solutions are provided for event organizers.
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Online event discovery, ticketing, and registration services are facilitated.
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Web and mobile event ticketing and management solutions are provided.
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Live streaming music concerts are offered via an online marketplace.
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White label ticketing software is provided for event organizers.
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Detailed competitors of Nimbit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Nimbit
Complete news archive for Nimbit
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Frequently Asked Questions about Nimbit
Nimbit was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Nimbit is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.
Nimbit is a funded company, having raised a total of $3.44M across 4 funding rounds to date.
Nimbit was founded in 2004 and is headquartered in Framingham, United States. A platform is offered to independent artists, labels, managers, educators, houses of worship, and venues for fan management, email marketing, music and merchandise sales, event ticketing, and fundraising. Physical products such as CDs, DVDs, t-shirts, and vinyl are distributed directly to fans, alongside e-tickets, clothing, and premium bundles. Operations focus on the music and entertainment sector.
Nimbit has 4 investors. Key investors include PreSonus Audio Electronics, Vocal Remover, Hub Angels, and Rose Tech Ventures.