About Soundnet
Soundnet is a company based in London (United Kingdom) founded in 2001 was acquired by TouchTunes in June 2014.. Soundnet operates in a competitive market with competitors including Rockbot, TouchTunes, Jukebox Studio, Sevenpop and Jukeboxy, among others.
- Headquarter London, United Kingdom
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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
- Investors
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Employee Count
Employee Count
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Acquired by
TouchTunes
(Jun 12, 2014)
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Funding Insights of Soundnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Soundnet
Soundnet has secured backing from 1 investor. Prominent investors backing the company include TouchTunes. 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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Digital jukeboxes and karaoke platforms are supplied to venues.
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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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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 Soundnet
| 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 - Soundnet
| 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 |
Soundnet Comparisons
Competitors of Soundnet
Soundnet 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 Rockbot, TouchTunes, Jukebox Studio, Sevenpop and Jukeboxy, 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 |
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| domain | founded_year | HQ Location |
Mobile jukebox app is used for venue customer engagement.
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| domain | founded_year | HQ Location |
Digital jukeboxes and karaoke platforms are supplied to venues.
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| domain | founded_year | HQ Location |
Music jukebox application for venues
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Jukebox for audience engagement at stores
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| domain | founded_year | HQ Location |
Provides a music streaming and jukebox platform to boost business customer engagement.
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Offers interactive music and digital signage for bars, pubs, and restaurants.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Soundnet
Frequently Asked Questions about Soundnet
When was Soundnet founded?
Soundnet was founded in 2001.
Where is Soundnet located?
Soundnet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Soundnet do?
Soundnet was established in 2001 in London, United Kingdom, within the entertainment sector. Music and video content is supplied to various public venues, including pubs, clubs, cafes, and department stores. An online jukebox system is also operated, enabling customers at these locations to select and influence the playback of songs. Operations focus on licensed media delivery tailored for commercial environments.
Who are the top competitors of Soundnet?
Soundnet's top competitors include Rockbot, TouchTunes and Waved.
Who are Soundnet's investors?
Soundnet has 1 investor. Key investors include TouchTunes.