About Rockbot
Rockbot is a company based in Oakland (United States) founded in 2010.. Rockbot has raised $6.82 million across 7 funding rounds from investors including Universal Music Group, Susa Ventures and XG Ventures. The company has 80 employees as of December 31, 2022. Rockbot offers products and services including Music Platform, Digital Signage, Rockbot TV, Audio Messaging, and Retail Media. Rockbot operates in a competitive market with competitors including TouchTunes, Jukebox Studio, Jukeboxy, Secret DJ and JukeVision, among others.
- Headquarter Oakland, United States
- Employees 80 as on 31 Dec, 2022
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rockbot, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.82 M (USD)
in 7 rounds
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Latest Funding Round
$2.71 M (USD), Series A
May 28, 2015
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Investors
Universal Music Group
& 8 more
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Employee Count
80
as on Dec 31, 2022
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Products & Services of Rockbot
Rockbot offers a comprehensive portfolio of products and services, including Music Platform, Digital Signage, Rockbot TV, Audio Messaging, and Retail Media. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for controlling and scheduling business music playlists.
Platform for creating and displaying dynamic in-store content.
Service for broadcasting and managing TV channels in business settings.
Tool for delivering in-store audio announcements to customers.
System for monetizing in-store media through ads and promotions.
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Funding Insights of Rockbot
Rockbot has successfully raised a total of $6.82M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $2.71 million completed in May 2015. 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 7
- Last Round Series A — $2.7M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series A - Rockbot | Valuation |
investors |
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| May, 2015 | Amount | Series A - Rockbot | Valuation |
investors |
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| Apr, 2015 | Amount | Debt – Conventional - Rockbot | Valuation |
investors |
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| 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 |
Investors in Rockbot
Rockbot has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Universal Music Group, Susa Ventures and XG 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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Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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VC firm investing in early stage startups in the US
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Founded Year | Domain | Location | |
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Tech focused VC firm that does seed and early stage investments in the US
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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 Rockbot
| 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 - Rockbot
| 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 |
Rockbot Comparisons
Competitors of Rockbot
Rockbot 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 TouchTunes, Jukebox Studio, Jukeboxy, Secret DJ and JukeVision, 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 |
Digital jukeboxes and karaoke platforms are supplied to venues.
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| domain | founded_year | HQ Location |
Music jukebox application for venues
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| domain | founded_year | HQ Location |
Provides a music streaming and jukebox platform to boost business customer engagement.
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| domain | founded_year | HQ Location |
App enables users to choose tunes in venues and helps businesses build loyalty.
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| domain | founded_year | HQ Location |
Offers interactive music and digital signage for bars, pubs, and restaurants.
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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 Rockbot
Frequently Asked Questions about Rockbot
When was Rockbot founded?
Rockbot was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Rockbot located?
Rockbot is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Is Rockbot a funded company?
Rockbot is a funded company, having raised a total of $6.82M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $290K, raised on May 01, 2011.
How many employees does Rockbot have?
As of Dec 31, 2022, the latest employee count at Rockbot is 80.
What does Rockbot do?
Rockbot was founded in 2010 in Oakland, United States, within the customer engagement technology sector. A virtual jukebox solution is provided that operates on any internet-connected device linked to a sound system. Music catalogs are customized by business owners from the platforms collection. Smartphone applications allow customers in venues to browse selections, request tracks, and vote on the playback queue. Operations focus on enhancing interactive music experiences for commercial spaces.
Who are the top competitors of Rockbot?
Rockbot's top competitors include TouchTunes, Waved and Sevenpop.
What products or services does Rockbot offer?
Rockbot offers Music Platform, Digital Signage, Rockbot TV, Audio Messaging, and Retail Media.
Who are Rockbot's investors?
Rockbot has 9 investors. Key investors include Universal Music Group, Susa Ventures, XG Ventures, Detroit Venture Partners, and Sundeep Ahuja.