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.
- Headquarter New York, United States
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Touchtunes Music Company, Llc
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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
$45 M (USD)
in 2 rounds
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Latest Funding Round
$45 M (USD), Series E
Aug 17, 2011
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Investors
3i Group
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Products & Services of TouchTunes
TouchTunes offers a comprehensive portfolio of products and services, including TouchTunes App, Jukeboxes, TouchTunes Pay, and Dartboards.
Mobile app for selecting and playing music on jukeboxes.
Interactive systems for music playback in venues.
Platform for handling music-related transactions.
Electronic dart systems for entertainment venues.
People of TouchTunes
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on mid-market businesses
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Venture capital firm
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Multiple sectors are invested in by private equity firm TA.
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Investor details for TouchTunes
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Investments & Acquisitions by TouchTunes
TouchTunes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Soundnet.
Investment portfolio details for TouchTunes
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Music provider and Jukebox for venues
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Locked | Locked | 2001 | Locked |
Complete acquisition details for TouchTunes
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- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - TouchTunes
Detailed financials for TouchTunes
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Touchtunes Comparisons
Peer comparison for TouchTunes
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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 Name | Domain | Founded year | HQ Location | Description |
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Mobile jukebox app is used for venue customer engagement.
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Music jukebox application for venues
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Provides a music streaming and jukebox platform to boost business customer engagement.
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App enables users to choose tunes in venues and helps businesses build loyalty.
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Offers interactive music and digital signage for bars, pubs, and restaurants.
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Detailed competitors of TouchTunes
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Latest news on Touchtunes
Complete news archive for TouchTunes
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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 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.