About SphereTrax
SphereTrax is a company based in Hitchin (United Kingdom) founded in 2022 by Sefi Carmel. SphereTrax has raised $433.68 thousand across 2 funding rounds from investors including Fintage House and Jenson Ventures. SphereTrax offers products and services including Music Licensing Platform. SphereTrax operates in a competitive market with competitors including MixerBox, Discz Music, 8tracks, Moodagent and Swipefy, among others.
- Headquarter Hitchin, United Kingdom
- Founders Sefi Carmel
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Sectors
TechnologyMedia & 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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- Legal Name Spheretrax Limited
- Date of Incorporation 05 May, 2022
- Jurisdiction HITCHIN, HERTFORDSHIRE, UNITED KINGDOM
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$433.68 K (USD)
in 2 rounds
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Latest Funding Round
$128.03 K (USD), Seed
Jun 20, 2023
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Investors
Fintage House
& 1 more
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Employee Count
Not available
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Products & Services of SphereTrax
SphereTrax offers a comprehensive portfolio of products and services, including Music Licensing Platform.
Enables searching and licensing of commercial tracks for creative projects.
People of SphereTrax
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Funding Insights of SphereTrax
SphereTrax has successfully raised a total of $433.68K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $128.03 thousand completed in June 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.
Investors in SphereTrax
SphereTrax has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Fintage House and Jenson Ventures.
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Fintage House is engaged in global film and TV rights management.
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Early-stage investment opportunities are provided by Jenson Ventures.
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Investor details for SphereTrax
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Investments & Acquisitions by SphereTrax
Investment portfolio details for SphereTrax
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Financial Statements - SphereTrax
Detailed financials for SphereTrax
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Spheretrax Comparisons
Peer comparison for SphereTrax
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Competitors of SphereTrax
SphereTrax 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 MixerBox, Discz Music, 8tracks, Moodagent and Swipefy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based music discovery platform
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Offers a platform for music sharing and creating personalized playlists.
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Music streaming platform
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A mobile platform for discovering and enjoying music.
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Detailed competitors of SphereTrax
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Latest news on Spheretrax
Complete news archive for SphereTrax
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Frequently Asked Questions about SphereTrax
SphereTrax was founded in 2022 and raised its 1st funding round 1 year after it was founded.
SphereTrax is headquartered in Hitchin, United Kingdom. It is registered at Hitchin, Hertfordshire, United Kingdom.
Sefi Carmel is the current CEO of SphereTrax. They have also founded this company.
SphereTrax is a funded company, having raised a total of $433.68K across 2 funding rounds to date.
SphereTrax was founded in 2022 in Hitchin, United Kingdom, as a provider of an online platform in the music technology sector. A search-engine interface is offered to users for discovering soundtracks and songs. Audio content is made available in formats including VR, AR, and XR. Blockchain technology is employed to manage the licensing process securely. Operations focus on royalty-free access for creators and developers.
SphereTrax's top competitors include MixerBox, Discz Music and Moodagent.
SphereTrax offers Music Licensing Platform.
SphereTrax has 2 investors. Key investors include Fintage House, and Jenson Ventures.