TouchTunes

New York, United States Founded: 1998 • Age: 28 yrs Minicorn Acquired By TA
Digital jukeboxes and karaoke platforms are supplied to venues.

About TouchTunes

TouchTunes is a company based in New York (United States) founded in 1998 was acquired by TA in March 2022. TouchTunes has raised $45 million across 2 funding rounds from investors including 3i Group, VantagePoint Capital Partners and TA Associates. TouchTunes has completed 1 acquisition, including Soundnet. TouchTunes offers products and services including TouchTunes App, Jukeboxes, TouchTunes Pay, and Dartboards. TouchTunes operates in a competitive market with competitors including Rockbot, Jukebox Studio, Jukeboxy, Secret DJ and JukeVision, among others.

Operational Areas
Key Metrics
  • Total Equity Funding
    $45M (USD)

    in 2 rounds

  • Latest Funding Round
    $45M (USD), Series E

    Aug 2011

  • Investors
    3i Group

    & 3 more

  • Investments & Acquisitions
  • Acquired by
    TA

    & 1 more

    (Mar 2022)

Products & Services of TouchTunes

TouchTunes offers a comprehensive portfolio of products and services, including TouchTunes App, Jukeboxes, TouchTunes Pay, and Dartboards.

TouchTunes App
Music Platform

Mobile app for selecting and playing music on jukeboxes.

Jukeboxes
Hardware Devices

Interactive systems for music playback in venues.

TouchTunes Pay
Payment Services

Platform for handling music-related transactions.

Dartboards
Gaming Accessories

Electronic dart systems for entertainment venues.

Apps and channels of TouchTunes

TouchTunes publishes 2 mobile apps with over 5M+ downloads.

TouchTunes: Live Bar Jukebox
Google Play Music & Audio Teen Free
Developer: TouchTunes Music Company, LLC
View on Google Play
TouchTunes: Control Bar Music
App Store Music 12+
Developer: TouchTunes Interactive Network
View on App Store

Funding Insights of TouchTunes

TouchTunes has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series E round of $45 million completed in August 2011. 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 $45M
  • Total Rounds 2
  • Last Round Series E β€” $45M
  • Investors Count 2

All 2 funding rounds of TouchTunes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2011$45MSeries E$300M–
Jun 2007–Unspecified––
Valuation history
DateValuationStage
Aug 2011$300Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $300M (Aug 2011). 4 investors in total: 4 institutional.

Investors in TouchTunes

TouchTunes has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include 3i Group, VantagePoint Capital Partners and TA Associates.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on mid-market businesses
19453i.comLondon, United Kingdom
Venture capital firm
–vpcp.comSanta Barbara, United States
Multiple sectors are invested in by private equity firm TA.
–ta.comBoston, United States
Private equity firm focused on multiple sectors
–searchlightcap.comNew York, United States
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Investor details for TouchTunes

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of TouchTunes

197 people are tracked at TouchTunes (81 in leadership, 9 in board & advisors, 107 in team).

NameRoleGroup
Benjamin D. Bold
VPLeadership
Andrew T. Harris
Director of Investor RelationsLeadership
Gregory M. Wallace
CFO, FundsLeadership
Melanie R. Toomey
Chief Financial Officer, Management CompanyLeadership
Daniel F. Winschuh
VPLeadership
Kaelan Ong
VPLeadership
Davide Vitrò
VPLeadership
Rodrigo F. Bassit
VPLeadership
Lily Xu
VPLeadership
Rishabh Bhatt
Vice PresidentLeadership
Alexander Henderson Russell
VP, Strategic Resource GroupLeadership
Darlene M. Karis
Global Head Of Human ResourcesLeadership
Enzo Loreti
VPLeadership
Damon M. Khouri
Chief Information & Technology OfficerLeadership
Maggie Benoit
Head of CommunicationsLeadership
Lori K. Stachelski
Chief Talent OfficerLeadership
Clara M. Jackson
Managing DirectorLeadership
Ryan Bigda
VP, FinanceLeadership
Max Cancre
Managing DirectorLeadership
Stefan A. Dandl
DirectorLeadership

177 more people are available in the full profile.

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Complete people profiles for TouchTunes

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by TouchTunes

TouchTunes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Soundnet.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Music provider and Jukebox for venues
soundnet.netLondon, United Kingdom2001Jun 2014β€’β€’β€’β€’
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Complete acquisition details for TouchTunes

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of TouchTunes

7 dated milestones of TouchTunes across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded TouchTunes is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series E, of $45.0M.
  4. Milestone Reaches Minicorn status.
  5. Acquisition Acquires Soundnet.
  6. Exit Acquired by Searchlight Capital.
  7. Exit Acquired by TA.

Competitors of TouchTunes

TouchTunes 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, Jukebox Studio, Jukeboxy, Secret DJ and JukeVision, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rockbot.com2010Oakland, United States$6.82M80
Mobile jukebox app is used for venue customer engagement.
thejukeboxstudio.com2014Mumbai, India$536,8244
Music jukebox application for venues
jukeboxy.com2013New York, United States––
Provides a music streaming and jukebox platform to boost business customer engagement.
secretdj.co.uk2008London, United Kingdom––
App enables users to choose tunes in venues and helps businesses build loyalty.
jukevision.com2015Los Angeles, United States––
Offers interactive music and digital signage for bars, pubs, and restaurants.
sevenpop.com2012Tel Aviv, Israel$400,000–
Jukebox for audience engagement at stores
waved.co2018Oslo, Norway–8
Music is provided online for hospitality venues and events.
myijukebox.com2010Boston, United States$1.93M–
Offers an interactive jukebox platform tailored for retailers.
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Detailed competitors of TouchTunes

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of TouchTunes

The website of TouchTunes (touchtunes.com) receives about 101.7K visits a month and ranks #305,636 among all websites worldwide, #10,467 in Restaurants and Delivery.

  • Monthly visits
    101.7K

    ▼ 26.3% vs previous month

  • Unique visitors
    52.3K

    per month

  • Global rank
    #305,636

    among all websites

  • Category rank
    #10,467

    Food and Drink · Restaurants and Delivery

Similar websites

Websites whose visitors overlap most with TouchTunes. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
facebook.com
100%
12.1B#3View details
youtube.com
81%
30.4B#2View details
mytouchtunes.com
mytouchtunes.com
81%
–––
itunes.apple.com
77%
25.4M–View details
play.google.com
play.google.com
56%
–––

Latest news on Touchtunes

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Complete news archive for TouchTunes

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to TouchTunes

10 companies that operate in the same segment as TouchTunes (Music Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform for on-demand music and radio streaming
2007Paris, FranceUSD 445.42 MUSD 627.4 M566
Music streaming is offered on-demand to global users.
2006Stockholm, SwedenUSD 2.06 BUSD 19.4 B–
Broadcast radio channels are aggregated and streamed through subscriptions.
2002San Francisco, California, United StatesUSD 98.35 M––
Music streaming services are provided online for free.
2007Berlin, Berlin, GermanyUSD 437.81 M––
A ticketing platform for live events is offered by DICE.
2014London, England, United KingdomUSD 238.27 M––
Decentralized audio distribution is enabled for creators via blockchain technology.
2018San Francisco, California, United StatesUSD 16.1 M–44
Music creation and collaboration are enabled through an online platform.
2013New York, New York, United StatesUSD 164.5 M––
Music streaming solutions for businesses are provided.
2014Stockholm, SwedenUSD 54.62 M––
Mobile jukebox app is used for venue customer engagement.
2010Oakland, California, United StatesUSD 6.82 M–80
Music is licensed via a cloud-based platform for professional use.
2009Stockholm, SwedenUSD 476 M––
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Frequently Asked Questions about TouchTunes

TouchTunes was founded in 1998 and raised its 1st funding round 9 years after it was founded.

TouchTunes is headquartered in New York, United States. It is registered at New York, New York, United States.

TouchTunes is a funded company, having raised a total of $45M across 2 funding rounds to date.

TouchTunes was founded in 1998 in New York, United States, and operates as a provider of digital jukeboxes in the entertainment sector. A per-play subscription model is utilized, with music selections made through a consumer-facing app from a large database. A cloud-based karaoke platform is also offered. As of September 2016, 71,000 venues were served, and 4 million app downloads were recorded.

TouchTunes's top competitors include Rockbot, Waved and Sevenpop.

TouchTunes offers TouchTunes App, Jukeboxes, TouchTunes Pay, and Dartboards.

TouchTunes has made 1 acquisition, including Soundnet.

TouchTunes has 4 investors. Key investors include 3i Group, VantagePoint Capital Partners, TA Associates, and Searchlight Capital.

The valuation of TouchTunes is $300M as of Aug 2011.

TouchTunes operates through Touchtunes Music Company, Llc.

Yes. TouchTunes was acquired by Searchlight Capital in April 2015.

Yes. TouchTunes publishes TouchTunes: Live Bar Jukebox and 1 more app, with over 5 million downloads.

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