About Soribada
Soribada is a company based in Seoul (South Korea) founded in 2000.. Soribada offers products and services including Music Streaming Service, Playlists and Recommendations, and Album and Chart Access. Soribada operates in a competitive market with competitors including Bandcamp, Melodie, Uppbeat, Amadeus Code and EVEN, among others.
- Headquarter Seoul, South Korea
- Stage Public
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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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Latest Funding Round
$4.17 M (USD), Post-IPO
Jan 12, 2017
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Investors
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Employee Count
Employee Count
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Products & Services of Soribada
Soribada offers a comprehensive portfolio of products and services, including Music Streaming Service, Playlists and Recommendations, and Album and Chart Access. 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.
Platform for streaming music, viewing charts, and creating playlists
Features for curating and discovering personalized music content
Tools for exploring latest albums and popular music rankings
Funding Insights of Soribada
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $4.2M
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First Round
First Round
(26 Sep 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2017 | Amount | Post-IPO - Soribada | Valuation |
investors |
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| Dec, 2016 | Amount | Post-IPO - Soribada | Valuation |
investors |
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| Sep, 2016 | Amount | Post-IPO - Soribada | 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 |
Investments & Acquisitions by Soribada
| 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 - Soribada
| 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 |
Soribada Comparisons
Competitors of Soribada
Soribada 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 Bandcamp, Melodie, Uppbeat, Amadeus Code and EVEN, 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 |
Online music crowdfunding platform for labels and artists
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| domain | founded_year | HQ Location |
AI-powered online music distribution and purchasing platform
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| domain | founded_year | HQ Location |
Digital music store
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| domain | founded_year | HQ Location |
Artificial intelligence-based collaborative tool for music creation
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| domain | founded_year | HQ Location |
Music marketplace and fan engagement platform is operated online.
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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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Frequently Asked Questions about Soribada
When was Soribada founded?
Soribada was founded in 2000 and raised its 1st funding round 16 years after it was founded.
Where is Soribada located?
Soribada is headquartered in Seoul, South Korea.
What does Soribada do?
Soribada was established in 2000 in Seoul, South Korea, as a peer-to-peer file-sharing platform modeled after Napster. Operations were halted by court order in 2002, after which distribution resumed with user liability for downloads. A settlement with record labels was reached in 2006, transforming it into a commercial digital music service focused on Korean content, where downloads are offered legally.
Who are the top competitors of Soribada?
What products or services does Soribada offer?
Soribada offers Music Streaming Service, Playlists and Recommendations, and Album and Chart Access.
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