About Stingray
Stingray is a company based in Montreal (Canada) founded in 2007. It operates as a SaaS (Software-as-a-Service), Advertising Model, and Subscription Services. Stingray has raised $10 million across 1 funding round from investors including NovaCap. Stingray offers products and services including Stingray Advertising, Streaming & Distribution, In-Car Entertainment, Business Solutions, and Consumer Products.
- Headquarter Montreal, Canada
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Stingray Group Inc.
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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), Private Equity Round
Dec 01, 2007
- Investors
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Employee Count
Employee Count
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IPO & Listings of Stingray
Stingray is a publicly listed company on the TSX with ticker symbol RAY.A in Canada, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Stingray
Stingray offers a comprehensive portfolio of products and services, including Stingray Advertising, Streaming & Distribution, In-Car Entertainment, Business Solutions, and Consumer Products. 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.
Retail media network for in-store audio advertising solutions.
Digital music and video content distribution services offered.
Tailored infotainment solutions for drivers globally provided.
Curated in-store music and digital signage offered.
Music playlists, karaoke, and wellness channels provided.
Funding Insights of Stingray
Stingray has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $10 million completed in December 2007. 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 Private Equity Round — $10.0M
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First Round
First Round
(01 Dec 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2007 | Amount | Private Equity Round - Stingray | Valuation |
investors |
| 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 Stingray
Stingray has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NovaCap. 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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Acquisitions are targeted by Novacap, a private equity firm.
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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 Stingray
| 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 - Stingray
| 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 |
Stingray Comparisons
Competitors of Stingray
| 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 Stingray
When was Stingray founded?
Stingray was founded in 2007.
Where is Stingray located?
Stingray is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Stingray a funded company?
Stingray is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $10M, raised on Dec 01, 2007.
What does Stingray do?
Stingray is established as a pioneering force in multiple industries, focusing on delivering curated audio and video experiences. Services are provided across advertising sales, streaming and distribution, in-car entertainment, business solutions, and consumer products. The largest in-store retail media network in North America is operated, reaching millions of shopping visits monthly. High-quality music and video content is distributed via TV, mobile, web, and automotive platforms. Solutions are tailored for businesses to enhance brand experiences through licensed music and digital signage. Consumer offerings include karaoke, concerts, and wellness channels, catering to diverse entertainment needs worldwide.
What products or services does Stingray offer?
Stingray offers Stingray Advertising, Streaming & Distribution, In-Car Entertainment, Business Solutions, and Consumer Products.
Is Stingray publicly traded?
Yes, Stingray is publicly traded on TSX under the ticker symbol RAY.A.
Who are Stingray's investors?
Stingray has 1 investor. Key investors include NovaCap.
What is Stingray's ticker symbol?
The ticker symbol of Stingray is RAY.A on TSX.
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