About Townsquare Media
Townsquare Media is a company based in Greenwich (United States) founded in 2010.. Townsquare Media has raised $100.5 million across 6 funding rounds. The company has 2,050 employees as of December 31, 2024. Townsquare Media has completed 8 acquisitions, including 96.9 WOUR, Antenna Magazine and Cherry Creek Media. Townsquare Media offers products and services including Local Media, National Media, Live Events, and Townsquare Interactive. Townsquare Media operates in a competitive market with competitors including S⁴Capital, Advantage Solutions, Prophet, Tinuiti and Media.Monks, among others.
- Headquarter Greenwich, United States
- Employees 2050 as on 31 Dec, 2024
- Stage Public
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Townsquare Media, Inc.
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Annual Revenue
$450.98 M-0.72as on Dec 31, 2024
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Net Profit
$-12.7 M71.74as on Dec 31, 2024
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EBITDA
$88.1 M-4.21as on Dec 31, 2024
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Total Equity Funding
$100.5 M (USD)
in 6 rounds
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Latest Funding Round
$302 M (USD), Debt – Conventional
Apr 01, 2015
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Investors
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Employee Count
2050
as on Dec 31, 2024
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Investments & Acquisitions
96.9 WOUR
& 7 more
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IPO & Listings of Townsquare Media
Townsquare Media is a publicly listed company on the NYSE with ticker symbol TSQ in USA, 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 Townsquare Media
Townsquare Media offers a comprehensive portfolio of products and services, including Local Media, National Media, Live Events, and Townsquare Interactive. 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.
Provides local radio and digital content services
Offers online content for music and entertainment fans
Organizes music and barbecue festivals
Delivers SEO and social media tools for businesses
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Leadership Team
32 people
Sales and Marketing
19 people
Software Development Team
15 people
Operations Team
10 people
Creative and Marketing Team
4 people
Finance and Accounting
3 people
Morning Team
3 people
Product Management Team
3 people
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Funding Insights of Townsquare Media
Townsquare Media has successfully raised a total of $100.5M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $302 million completed in April 2015. 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 6
- Last Round Debt – Conventional — $302.0M
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First Round
First Round
(01 Nov 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Debt – Conventional - Townsquare Media | Valuation |
investors |
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| Nov, 2013 | Amount | Series C - Townsquare Media | Valuation |
investors |
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| Jul, 2012 | Amount | Series B - Townsquare Media | Valuation |
investors |
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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 |
Investments & Acquisitions by Townsquare Media
Townsquare Media has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include 96.9 WOUR, Antenna Magazine and Cherry Creek Media. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of advertising services
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2012 | ||||
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Online entertainment news and content are provided by Antenna Magazine.
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2007 | ||||
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111 radio stations are operated in 23 US markets.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Townsquare Media
| 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 |
Townsquare Media Comparisons
Competitors of Townsquare Media
Townsquare Media 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 S⁴Capital, Advantage Solutions, Prophet, Tinuiti and Media.Monks, 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 |
Digital advertising and content marketing services are provided globally.
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Digital marketing, advertising, and IT services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Townsquare Media
Frequently Asked Questions about Townsquare Media
When was Townsquare Media founded?
Townsquare Media was founded in 2010.
Where is Townsquare Media located?
Townsquare Media is headquartered in Greenwich, United States. It is registered at Greenwich, Connecticut, United States.
Who is the current CEO of Townsquare Media?
Bill Wilson is the current CEO of Townsquare Media.
Is Townsquare Media a funded company?
Townsquare Media is a funded company, having raised a total of $100.5M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15.1M, raised on Nov 01, 2010.
How many employees does Townsquare Media have?
As of Dec 31, 2024, the latest employee count at Townsquare Media is 2,050.
What is the annual revenue of Townsquare Media?
Annual revenue of Townsquare Media is $450.98M as on Dec 31, 2024.
What does Townsquare Media do?
Townsquare is a diversified media, entertainment, and digital marketing services company that owns and operates radio, digital and live event properties. The Company specializes in creating and distributing original entertainment, music and lifestyle content. Its assets include 309 radio stations and over 325 local companion websites innbsp;66 small to mid-sized markets, a national portfolio of music and entertainment digital properties reaching over 50 million US unique visitors monthly.
Who are the top competitors of Townsquare Media?
What products or services does Townsquare Media offer?
Townsquare Media offers Local Media, National Media, Live Events, and Townsquare Interactive.
Is Townsquare Media publicly traded?
Yes, Townsquare Media is publicly traded on NYSE under the ticker symbol TSQ.
How many acquisitions has Townsquare Media made?
Townsquare Media has made 8 acquisitions, including 96.9 WOUR, Antenna Magazine, and Cherry Creek Media.
What is Townsquare Media's ticker symbol?
The ticker symbol of Townsquare Media is TSQ on NYSE.
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