Roar Studios

Los Angeles, United States Founded: 2021 • Age: 5 yrs Acquired By Yuga Labs
Metaverse platform for collaborative music creation and sharing is offered.
Annual revenue - Latest available
Total funding $7.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Roar Studios

Roar Studios is a company based in Los Angeles (United States) founded in 2021 by Eric Reid was acquired by Yuga Labs in July 2023. Roar Studios has raised $7 million across 1 funding round from investors including Yuga Labs, Galaxy Interactive and Todd Wagner. Roar Studios operates in a competitive market with competitors including Zebra Labs, PatchXR, Verses, Metavibe and CardanoSound, among others.

  • Headquarter Los Angeles, United States
  • Founders Eric Reid
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Roar Studios Inc
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7 M (USD), Series A

    Oct 19, 2021

  • Investors
    Yuga Labs

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Yuga Labs

    (Jul 31, 2023)

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Funding Insights of Roar Studios

Roar Studios has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in October 2021. 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 Roar Studios

Roar Studios has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Yuga Labs, Galaxy Interactive and Todd Wagner.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage interactive tech startups are funded by Galaxy Interactive.
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A marketplace for games, NFTs, and digital collectibles is operated.
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Todd Wagner

American entrepreneur, co-founder of Broadcast.com, active angel investor in tech startups.
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Investor details for Roar Studios

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Investments & Acquisitions by Roar Studios

Investments
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Investment portfolio details for Roar Studios

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Financial Statements - Roar Studios

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Detailed financials for Roar Studios

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Roar Studios Comparisons

Roar Studios Primary company
Description
Metaverse platform for collaborative music creation and shar...
Location
Los Angeles, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Roar Studios

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Competitors of Roar Studios

Roar Studios 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 Zebra Labs, PatchXR, Verses, Metavibe and CardanoSound, among others.

Company Name Domain Founded year HQ Location Description
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Online metaverse fan engagement platform for the music industry
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Metaverse-based VR tools for music creation are provided.
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Verses is engaged in redefining music through AI and metaverse technology.
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An online platform providing metaverse solutions to musicians.
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Provides NFT-based solutions for music creation.
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Detailed competitors of Roar Studios

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Latest news on Roar Studios

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Complete news archive for Roar Studios

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Frequently Asked Questions about Roar Studios

Roar Studios was founded in 2021.

Roar Studios is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Eric Reid is the current CEO of Roar Studios. They have also founded this company.

Roar Studios is a funded company, having raised a total of $7M across 1 funding round to date.

Roar Studios was founded in 2021 and is headquartered in Los Angeles, United States. An online platform is operated within the metaverse sector, where music creation tools are provided to users. Collaboration among participants is facilitated for composing tracks, while recording, performance, and sharing functionalities are supported across virtual environments. The service targets digital music enthusiasts seeking immersive production experiences.

Roar Studios's top competitors include Zebra Labs, Verses and PatchXR.

Roar Studios has 4 investors. Key investors include Yuga Labs, Galaxy Interactive, Todd Wagner, and Scott Barger.

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