About Sonicbids
Sonicbids is a Media & Entertainment company based in Boston (United States) founded in 2001, and was acquired by Backstage in January 2013. Professional networks for musicians are built via an online platform. Sonicbids has raised $4.71 million across 2 funding rounds from investors including Backstage and Edison Partners. Sonicbids has completed 1 acquisition, including ArtistData. Its website sonicbids.com draws about 65 thousand monthly visits. Sonicbids offers products and services including EPK, Gig Search, and Band Openings Posting. Its focus areas include Consumer, Social Platforms, Professionals and Media and Entertainment. Its legal entity is Sonicbids Corp. Its competitors include BeatStars, PearPop and Fud; 2 of its 3 listed competitors have raised funding.
Company details
Sonicbids was established in 2001 in Boston, United States, as an online platform within the music industry. Connections between bands, music promoters, and brands are enabled through its services. Fan engagement tools, music discovery features, and gig opportunities are offered to users. Revenue is generated primarily through monthly subscription models, supporting operations focused on professional networking for musicians.
Products & Services of Sonicbids
Sonicbids offers a comprehensive portfolio of products and services, including EPK, Gig Search, and Band Openings Posting.
Tool for creating and sharing electronic press kits for musicians.
Platform for finding and applying to music gigs worldwide.
Service for promoters to post and manage band openings.
Funding Insights of Sonicbids
Sonicbids has successfully raised a total of $4.71M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $210 thousand completed in August 2010. 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 $4.71M
- Total Rounds 2
- Last Round Series A — $210,000
- First Round $4.5M
(Aug 2007)
- Investors Count 1
All 2 funding rounds of Sonicbids 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 |
|---|---|---|---|---|---|
| Aug 2010 | $210,000 | Series A | – | – | – |
| Aug 2007 | $4.5M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Sonicbids
Sonicbids has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Backstage and Edison Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of a growth equity firm for adaptive and personalized plans | edisonpartners.com | Princeton, United States | ||
Casting opportunities for entertainment industry professionals are facilitated online. | 1960 | backstage.com | Brooklyn, United States |
Investor details for Sonicbids
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People of Sonicbids
15 people are tracked at Sonicbids (3 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Panos Panay | Founder and CEO | Leadership |
Sabrina Williams | Entertainer/ CEO | Leadership |
Simondylan Ianxander Thunder | CEO Operations Manager And Writer | Leadership |
Monica Löfgren | Singer | Team |
M.ed Cte Eric Crittenden (Critt) | Award Winning Multi Instrumentalist - Sax*keys*vox - Singer/songwriter | Team |
Randy Gibson | Artist Development | Team |
Shannon Williams | Banjoist/lyricist | Team |
Dameion Hines | Drummer | Team |
Ari Shagal | Composer, Orchestrator, Arranger, Music Theorist, Lyricist, Keyboardist, Vocalist, Comedienne, | Team |
Charles Atkins | Performing Artist | Team |
Eric Gosselin | Songwriter/guitarist | Team |
John Pergamo | Developer | Team |
Alvin R. Atkinson Jr. | Band Leader | Team |
Herky Cutler | Singer Songwriter Entertainer | Team |
Renée Herman | Vocalist Songwriter | Team |
Complete people profiles for Sonicbids
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Sonicbids
Sonicbids has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ArtistData.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online music marketing services are provided to music professionals. | artistdata.com | Chicago, United States | 2005 | Jun 2010 | •••• |
Complete acquisition details for Sonicbids
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Sonicbids
5 dated milestones of Sonicbids across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Sonicbids is founded.
- Funding First funding round of $4.5M.
- Acquisition Acquires ArtistData.
- Funding Latest funding round, Series A, of $210K.
- Exit Acquired by Backstage.
Competitors of Sonicbids
Sonicbids has 3 listed competitors in our database, 2 of them funded. They include BeatStars, PearPop and Fud.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| beatstars.com | 2008 | Austin, United States | $10M | 13 | Instrumental music is licensed and distributed via a producer marketplace. | |
| pearpop.com | 2020 | Los Angeles, United States | $34M | Monetization-based social platform for content creators is facilitated. | ||
| joinfud.com | 2021 | Manhattan Beach, United States | Online social platform for content creators |
Detailed competitors of Sonicbids
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Web traffic of Sonicbids
The website of Sonicbids (sonicbids.com) receives about 65K visits a month and ranks #654,902 among all websites worldwide, #8,290 in Music.
- Monthly visits65K
▲ 24.1% vs previous month
- Unique visitors24.4K
per month
- Global rank#654,902
among all websites
- Category rank#8,290
Arts and Entertainment · Music
- Bounce rate49%
- Pages per visit1.8
- Average visit22 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Sonicbids. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
musicsubmit.com | musicsubmit.com | 100% | #3,950,112 | – | |
| reverbnation.com | 95% | 2.6M | #24,638 | View details | |
| tunecore.com | 95% | 2.3M | #18,054 | View details | |
| indieonthemove.com | 94% | #553,571 | View details | ||
taxi.com | taxi.com | 93% | #460,183 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sonicbids
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
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Top companies in Music Tech
3 companies that operate in the same segment as Sonicbids (Music Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 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 |
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Related news about Sonicbids
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Frequently Asked Questions about Sonicbids
Sonicbids was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Sonicbids is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Sonicbids is a funded company, having raised a total of $4.71M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Aug 2007.
Sonicbids was established in 2001 in Boston, United States, as an online platform within the music industry. Connections between bands, music promoters, and brands are enabled through its services. Fan engagement tools, music discovery features, and gig opportunities are offered to users. Revenue is generated primarily through monthly subscription models, supporting operations focused on professional networking for musicians.
Sonicbids offers EPK, Gig Search, and Band Openings Posting.
Sonicbids has made 1 acquisition, including ArtistData.
Sonicbids has 2 investors. Key investors include Backstage, and Edison Partners.
Sonicbids operates through Sonicbids Corp.
Yes. Sonicbids was acquired by Backstage in January 2013.