About Spotlite
Spotlite is a company based in Los Angeles (United States) founded in 2017.. Spotlite has raised $10 million across 1 funding round from investors including Sequoia Capital and BlueRun Ventures. Spotlite operates in a competitive market with competitors including SOMESING, Mikestar, Just Sing, SingOn and OkeOke.net, among others.
- Headquarter Los Angeles, United States
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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
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Dec 18, 2017
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Investors
Sequoia Capital
& 1 more
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Employee Count
Employee Count
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Funding Insights of Spotlite
Spotlite has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in December 2017. 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 1
- Last Round Series A — $10.0M
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First Round
First Round
(18 Dec 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series A - Spotlite | Valuation | Sequoia Capital , BlueRun Ventures |
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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 |
Investors in Spotlite
Spotlite has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sequoia Capital and BlueRun Ventures. 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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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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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 Spotlite
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Spotlite
| 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 |
Spotlite Comparisons
Competitors of Spotlite
Spotlite 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 SOMESING, Mikestar, Just Sing, SingOn and OkeOke.net, 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 |
Mobile platform for karaoke, duets, sing clips, and blockchain-based user rewards.
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| domain | founded_year | HQ Location |
Operates an online platform for music karaoke, enabling users to sing and share experiences interactively.
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| domain | founded_year | HQ Location |
A user-friendly app for music creation and sharing experiences.
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| domain | founded_year | HQ Location |
On-demand karaoke services are delivered via an online platform.
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| domain | founded_year | HQ Location |
Karaoke music software is provided for individuals and artists.
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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 Spotlite
When was Spotlite founded?
Spotlite was founded in 2017.
Where is Spotlite located?
Spotlite is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Spotlite a funded company?
Spotlite is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Dec 18, 2017.
What does Spotlite do?
Spotlite was founded in 2017 in Los Angeles, United States, as an online platform in the music entertainment sector. Artists are provided with tools to perform karaoke covers in genres including pop, rock, hip-hop, and RB. Performances can be broadcast live, shared with fans, and monetized through platform payments. Additional services such as audio modifiers and music streaming are offered to support user interactions and content creation.
Who are the top competitors of Spotlite?
Spotlite's top competitors include OkeOke.net, StarManch and SingOn.
Who are Spotlite's investors?
Spotlite has 2 investors. Key investors include Sequoia Capital, and BlueRun Ventures.