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
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Roar Studios Inc
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $7.0M
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First Round
First Round
(19 Oct 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Series A - Roar Studios | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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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. 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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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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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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Venture capital is directed toward companies in multiple sectors.
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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 Roar Studios
| 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 - Roar Studios
| 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 |
Roar Studios Comparisons
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. 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 |
Online metaverse fan engagement platform for the music industry
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| domain | founded_year | HQ Location |
Metaverse-based VR tools for music creation are provided.
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| domain | founded_year | HQ Location |
Verses is engaged in redefining music through AI and metaverse technology.
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| domain | founded_year | HQ Location |
An online platform providing metaverse solutions to musicians.
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| domain | founded_year | HQ Location |
Provides NFT-based solutions for music creation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Roar Studios
Frequently Asked Questions about Roar Studios
When was Roar Studios founded?
Roar Studios was founded in 2021.
Where is Roar Studios located?
Roar Studios is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Roar Studios?
Eric Reid is the current CEO of Roar Studios. They have also founded this company.
Is Roar Studios a funded 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 19, 2021.
What does Roar Studios do?
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.
Who are the top competitors of Roar Studios?
Roar Studios's top competitors include Zebra Labs, Verses and PatchXR.
Who are Roar Studios's investors?
Roar Studios has 4 investors. Key investors include Yuga Labs, Galaxy Interactive, Todd Wagner, and Scott Barger.