About Songtradr
Songtradr is a company based in Santa Monica (United States) founded in 2014.. Songtradr has raised $165.62 million across 7 funding rounds from investors including Epic Games, WiseTech Global and Regal Funds Management. The company has 95 employees as of December 31, 2023. Songtradr has completed 9 acquisitions, including 7digital, Bandcamp and Big Sync Music. Songtradr operates in a competitive market with competitors including Epidemic Sound, 7digital, Broadcast Music, Tracklib and Royalty Exchange, among others.
- Headquarter Santa Monica, United States
- Employees 95 as on 31 Dec, 2023
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$165.62 M (USD)
in 7 rounds
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Latest Funding Round
$69.41 M (USD), Series E
Nov 21, 2023
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Investors
Epic Games
& 7 more
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Employee Count
95
as on Dec 31, 2023
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Investments & Acquisitions
7digital
& 8 more
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Funding Insights of Songtradr
Songtradr has successfully raised a total of $165.62M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $69.41 million completed in November 2023. 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 E — $69.4M
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First Round
First Round
(16 Jun 2014)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series E - Songtradr | Valuation | Epic Games | |
| Jun, 2021 | Amount | Series D - Songtradr | Valuation | Regal Funds Management , Aware Super |
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| Jul, 2020 | Amount | Series C - Songtradr | Valuation |
investors |
| 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 Songtradr
Songtradr has secured backing from 7 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Epic Games, WiseTech Global and Regal Funds Management. 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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Private equity investments in Australia are managed by Argo Investments.
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Founded Year | Domain | Location | |
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Provider of cross-platform game engine technology
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Founded Year | Domain | Location | |
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Diversified asset management services are provided in Australia.
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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 Songtradr
Songtradr has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include 7digital, Bandcamp and Big Sync Music. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-enabled music search and playlist creation solutions are provided.
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2019 | ||||
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Music monetization, music selling platform for livestreamers and artists
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2017 | ||||
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Corrosion control and cathodic protection services are provided.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Songtradr
| 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 |
Songtradr Comparisons
Competitors of Songtradr
Songtradr 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 Epidemic Sound, 7digital, Broadcast Music, Tracklib and Royalty Exchange, 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 |
Music is licensed via a cloud-based platform for professional use.
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| domain | founded_year | HQ Location |
Media content provider for streaming platforms
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| domain | founded_year | HQ Location |
Music rights are represented and royalties distributed to creators.
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| domain | founded_year | HQ Location |
Tracks are discovered, bought, and licensed via an online marketplace.
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| domain | founded_year | HQ Location |
Royalties from media and intellectual property are auctioned to investors.
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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 Songtradr
Frequently Asked Questions about Songtradr
When was Songtradr founded?
Songtradr was founded in 2014.
Where is Songtradr located?
Songtradr is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Songtradr a funded company?
Songtradr is a funded company, having raised a total of $165.62M across 7 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Jun 16, 2014.
How many employees does Songtradr have?
As of Dec 31, 2023, the latest employee count at Songtradr is 95.
What does Songtradr do?
Songtradr was founded in 2014 in Santa Monica, United States, as an online platform in the music industry. Licensing services for music and sound effects are provided to professionals such as advertisers and producers. Built-in catalogs and indie artist profiles are utilized for discovering, showcasing, and acquiring content for commercial use. Operations focus on connecting songwriters, artists, and buyers through a digital marketplace.
Who are the top competitors of Songtradr?
Songtradr's top competitors include Epidemic Sound, Broadcast Music and 7digital.
How many acquisitions has Songtradr made?
Songtradr has made 9 acquisitions, including 7digital, Bandcamp, and Big Sync Music.
Who are Songtradr's investors?
Songtradr has 7 investors. Key investors include Epic Games, WiseTech Global, Regal Funds Management, Perennial Partners, and Argo Investments.