About Roar Studios
Roar Studios is a Media & Entertainment company based in Los Angeles (United States) founded in 2021 by Eric Reid, and was acquired by Yuga Labs in July 2023. Metaverse platform for collaborative music creation and sharing is offered. Roar Studios has raised $7 million across 1 funding round from investors including Yuga Labs, Galaxy Interactive and Todd Wagner. Its chief executive, as recorded, is Eric Reid. Its focus areas include Consumer, Music Tech, Music Artist IT and Music Creation. Its legal entity is ROAR STUDIOS INC.
Company details
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.
- Headquarters Los Angeles, United States
- Founders Eric Reid
- Stage Acquired
- SectorsMedia & Entertainment
- Website roarstudios.com
- Social LinkedIn X Facebook
- Acquired by Yuga Labs (Jul 2023)
- Legal Name Roar Studios Inc
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.
- Total Funding $7M
- Total Rounds 1
- Last Round Series A — $7M
- First Round $7M
(Oct 2021)
- Investors Count 3
All 1 funding rounds of Roar Studios with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $7M | Series A | – | – |
4 investors in total: 2 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage interactive tech startups are funded by Galaxy Interactive. | galaxyinteractive.io | New York, United States | ||
A marketplace for games, NFTs, and digital collectibles is operated. | 2021 | yuga.com | Coral Gables, United States | |
TW Todd Wagner | American entrepreneur, co-founder of Broadcast.com, active angel investor in tech startups. | unknown_6cd6e4e09006439da | ||
SB Scott Barger | Angel investor focusing on Indian startups, ex-entrepreneur with global tech experience | unknown_095dad5d924941df8 |
Investor details for Roar Studios
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Roar Studios
1 people are tracked at Roar Studios (1 in leadership).
| Name | Role | Group |
|---|---|---|
Eric Reid | Founder & CEO | Leadership |
Complete people profiles for Roar Studios
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Roar Studios
3 dated milestones of Roar Studios across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Roar Studios is founded.
- Funding First funding round of $7.0M.
- Exit Acquired by Yuga Labs.
Top companies in Music Tech
3 companies that operate in the same segment as Roar Studios (Music Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-generated music and lyrics are created on an online platform. | 2021 | Cambridge, Massachusetts, United States | USD 775 M | 497 | ||
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | |||
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | 44 |
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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 CEO of Roar Studios, as recorded in our data. They have also founded this company.
Roar Studios is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Oct 2021.
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 has 4 investors. Key investors include Yuga Labs, Galaxy Interactive, Todd Wagner, and Scott Barger.
Roar Studios operates through Roar Studios Inc.
Yes. Roar Studios was acquired by Yuga Labs in July 2023.