About Snackable
Snackable is a company based in New York (United States) founded in 2018 by Mari Joller was acquired by Amazon in December 2022.. Snackable has raised $1.6 million across 2 funding rounds from investors including Amazon, Tera Ventures and Superangel. The company has 7 employees as of September 30, 2024. Snackable operates in a competitive market with competitors including Cyanite, Audioburst, Musimap, Harmix and Listen Notes, among others.
- Headquarter New York, United States
- Employees 7 as on 30 Sep, 2024
- Founders Mari Joller
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Snackable Oü
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Annual Revenue
$1.72 M (USD)54as on Dec 31, 2023
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Net Profit
$-636.77 K (USD)-729as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$1.6 M (USD)
in 2 rounds
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Latest Funding Round
$200 K (USD), Seed
Oct 18, 2022
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Investors
Amazon
& 3 more
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Employee Count
7
as on Sep 30, 2024
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Acquired by
Amazon
(Dec 01, 2022)
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Funding Insights of Snackable
Snackable has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in October 2022. 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 2
- Last Round Seed — $200,000
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First Round
First Round
(19 Sep 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Snackable | Valuation |
investors |
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| Sep, 2019 | Amount | Seed - Snackable | Valuation | Tera Ventures |
| 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 Snackable
Snackable has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Amazon, Tera Ventures and Superangel. 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 digital startups are funded by tech-focused Tera Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused pre-seed and seed stage investments
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Founded Year | Domain | Location | |
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Multi-category products are offered through an online marketplace.
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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 Snackable
| 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 - Snackable
| 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 |
Snackable Comparisons
Competitors of Snackable
Snackable 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 Cyanite, Audioburst, Musimap, Harmix and Listen Notes, 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 |
Metadata solutions provider for the music industry
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| domain | founded_year | HQ Location |
Radio clips discovery & sharing platform
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| domain | founded_year | HQ Location |
Music recommendation technology provider for music firms
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| domain | founded_year | HQ Location |
Music is searched and selected via AI for content creators.
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| domain | founded_year | HQ Location |
Podcasts are aggregated online for user search and browsing.
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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 Snackable
Frequently Asked Questions about Snackable
When was Snackable founded?
Snackable was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Snackable located?
Snackable is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Snackable?
Mari Joller is the current CEO of Snackable. They have also founded this company.
Is Snackable a funded company?
Snackable is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Sep 19, 2019.
How many employees does Snackable have?
As of Sep 30, 2024, the latest employee count at Snackable is 7.
What is the annual revenue of Snackable?
Annual revenue of Snackable is $1.72M as on Dec 31, 2023.
What does Snackable do?
Snackable was founded in 2018 in New York, United States, as an AI platform focused on audio content discovery within the media technology sector. Operations involve equipping audio files with text transcripts, rich tags, and standardized metadata to improve visibility on and off the platform. Services provided include content management features such as uploading, downloading, searching, metadata generation and retrieval, and creation of shareable audio files.
Who are the top competitors of Snackable?
Snackable's top competitors include Audioburst, Cyanite and Musimap.
Who are Snackable's investors?
Snackable has 4 investors. Key investors include Amazon, Tera Ventures, Superangel, and Jaan Tallinn.