About Schematic Labs
Schematic Labs is a company based in San Francisco (United States) founded in 2010 was acquired by Napster in August 2014. Schematic Labs has raised $5.68 million across 3 funding rounds from investors including Accel, Napster and SoftBank. Schematic Labs operates in a competitive market with competitors including Myspace, Playlist, FanLabel, Music Messenger and SpinMedia, among others.
- Headquarter San Francisco, United States
- SectorsMedia & Entertainment
- Website schematiclabs.com
- Social LinkedIn X Facebook
- Acquired by Napster (Aug 2014)
Funding Insights of Schematic Labs
Schematic Labs has successfully raised a total of $5.68M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $925 thousand completed in April 2013. 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 $5.68M
- Total Rounds 3
- Last Round Series A — $925,000
- Investors Count 6
All 3 funding rounds of Schematic Labs 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 |
|---|---|---|---|---|---|
| Apr 2013 | $925,000 | Series A | – | – | |
| Nov 2011 | $4.75M | Series A | – | Accel, True Ventures | – |
| Jun 2010 | – | Seed | – | – |
7 investors in total: 7 institutional.
Investors in Schematic Labs
Schematic Labs has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Napster and SoftBank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm supporting AI founders through investments and community. | – | trueventures.com | - | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Early-stage investments in tech companies are made globally. | – | softbankvc.com | New York, United States | |
Corporate backed venture capital fund investing in multiple sectors | – | gv.com | Mountain View, United States | |
PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors | – | softbank.com | Newton, United States | |
Yahoo is recognized as a trusted internet guide for millions. | – | verizonmedia.com | - | |
Napster is recognized for providing music streaming platform solutions. | 1999 | napster.com | Los Angeles, United States |
Investor details for Schematic Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Schematic Labs
4 dated milestones of Schematic Labs across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Schematic Labs is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $925K.
- Exit Acquired by Napster.
Competitors of Schematic Labs
Schematic Labs 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 Myspace, Playlist, FanLabel, Music Messenger and SpinMedia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| myspace.com | 2003 | Los Angeles, United States | $42.79M | – | On-demand music streaming and content sharing platform | |
| playlist.com | 2006 | Los Angeles, United States | $33.89M | – | Music is discovered and shared via friends' and expert-curated playlists. | |
| fanlabel.com | 2016 | Birmingham, United States | $4.56M | – | FanLabel is operated as a music-based gaming platform. | |
| musicmessenger.co | 2014 | Herzliya, Israel | $35M | – | App-based platform offering music streaming and music messaging solution | |
| spinmedia.com | 2005 | Los Angeles, United States | $70M | 7 | Networking platforms for music and pop culture fans are operated. | |
| ultimate-guitar.com | 1998 | San Francisco, United States | – | – | Operates a social networking platform for music enthusiasts and artists. | |
| uplayme.com | 2005 | Brooklyn, United States | $1M | 2,873 | Platform for sharing & connecting based on the music taste | |
| jammcard.com | 2013 | Los Angeles, United States | $3.56M | – | Online social platform for music professionals | |
| makromusic.com | 2020 | Istanbul, Turkey | $15M | – | Online social platform for connecting with people with similar music taste |
Detailed competitors of Schematic Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Schematic Labs
10 companies that operate in the same segment as Schematic Labs (Music Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform for on-demand music and radio streaming | 2007 | Paris, France | USD 445.42 M | USD 627.4 M | 566 | |
Music streaming is offered on-demand to global users. | 2006 | Stockholm, Sweden | USD 2.06 B | USD 19.4 B | – | |
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | – | – | |
Music streaming services are provided online for free. | 2007 | Berlin, Berlin, Germany | USD 437.81 M | – | – | |
A ticketing platform for live events is offered by DICE. | 2014 | London, England, United Kingdom | USD 238.27 M | – | – | |
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | – | 44 | |
Music creation and collaboration are enabled through an online platform. | 2013 | New York, New York, United States | USD 164.5 M | – | – | |
Music streaming solutions for businesses are provided. | 2014 | Stockholm, Sweden | USD 54.62 M | – | – | |
Mobile jukebox app is used for venue customer engagement. | 2010 | Oakland, California, United States | USD 6.82 M | – | 80 | |
Music is licensed via a cloud-based platform for professional use. | 2009 | Stockholm, Sweden | USD 476 M | – | – |
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Frequently Asked Questions about Schematic Labs
Schematic Labs was founded in 2010.
Schematic Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Schematic Labs is a funded company, having raised a total of $5.68M across 3 funding rounds to date.
Schematic Labs was founded in 2010 in San Francisco, United States, as a mobile technology company focused on entertainment applications. Mobile social entertainment software is developed, including the SoundTracking app, which enables music sharing among users. Operations center on creating apps for Android and iOS platforms within the digital entertainment sector.
Schematic Labs's top competitors include Music Messenger, Myspace and makromusic.
Schematic Labs has 7 investors. Key investors include Accel, Napster, SoftBank, True Ventures, and SoftBank Ventures.
Yes. Schematic Labs was acquired by Napster in August 2014.