About Trala
Trala is a company based in Chicago (United States) founded in 2016. It operates as a Freemium, Subscription Services, and EduTech. Trala has raised $19.41 million across 7 funding rounds from investors including Techstars, Seven Seven Six and Lachy Groom. Trala offers products and services including Trala App. Trala operates in a competitive market with competitors including Yousician, Simply, Tomplay, iMusic-School and Fretello, among others.
- Headquarter Chicago, United States
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Sectors
EducationMedia & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Learnfield Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.41 M (USD)
in 7 rounds
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Latest Funding Round
$19.51 K (USD), Series A
May 23, 2023
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Investors
Techstars
& 12 more
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Employee Count
Employee Count
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Products & Services of Trala
Trala offers a comprehensive portfolio of products and services, including Trala App. 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.
An app for learning violin with interactive features.
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Funding Insights of Trala
Trala has successfully raised a total of $19.41M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $19.51 thousand completed in May 2023. 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 7
- Last Round Series A — $19,506
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Series A - Trala | Valuation |
investors |
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| Dec, 2022 | Amount | Series A - Trala | Valuation | Seven Seven Six | |
| Dec, 2021 | Amount | Series A - Trala | 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 |
Investors in Trala
Trala has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Techstars, Seven Seven Six and Lachy Groom. 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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Venture capital fund focused on investing in technology startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by Next Play Ventures.
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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 Trala
| 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 - Trala
| 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 |
Trala Comparisons
Competitors of Trala
Trala 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 Yousician, Simply, Tomplay, iMusic-School and Fretello, 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 |
Musical instrument learning is facilitated by an app-based platform.
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| domain | founded_year | HQ Location |
Creative hobbies are made accessible through interactive learning apps by Simply.
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| domain | founded_year | HQ Location |
Interactive music sheets for various instruments are provided online.
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| domain | founded_year | HQ Location |
Video music classes are delivered online for various instruments.
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| domain | founded_year | HQ Location |
Assist app for guitar learning
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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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Latest news on Trala
Frequently Asked Questions about Trala
When was Trala founded?
Trala was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Trala located?
Trala is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Trala a funded company?
Trala is a funded company, having raised a total of $19.41M across 7 funding rounds to date.
What does Trala do?
Trala is engaged in delivering violin education via a digital platform. The app serves over 800,000 users worldwide with features like real-time feedback, an extensive song library, and lessons from world-class violinists. It operates in the education technology sector, offering tools for beginners and returning learners to master violin skills. Solutions include interactive playboard visuals, sheet music, and progress tracking, all integrated into a single practice hub.
Who are the top competitors of Trala?
What products or services does Trala offer?
Trala offers Trala App.
Who are Trala's investors?
Trala has 13 investors. Key investors include Techstars, Seven Seven Six, Lachy Groom, Altman Capital, and Next Play Ventures.
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