About TuneCore
TuneCore is a company based in Brooklyn (United States) founded in 2005 was acquired by Believe Distribution Services in April 2015.. TuneCore has raised $7 million across 1 funding round from investors including Opus Capital and Believe Distribution Services. The company has 136 employees as of December 31, 2023. TuneCore has completed 1 acquisition, including JustGo. TuneCore offers products and services including Music Distribution, Music Publishing, and Artist Services. TuneCore operates in a competitive market with competitors including Amuse, Indiefy, Astiga, MusicPro and yiya, among others.
- Headquarter Brooklyn, United States
- Employees 136 as on 31 Dec, 2023
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tunecore, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7 M (USD)
in 1 rounds
-
Latest Funding Round
$7 M (USD), Series A
Oct 26, 2008
-
Investors
Opus Capital
& 1 more
-
Employee Count
136
as on Dec 31, 2023
- Investments & Acquisitions
-
Acquired by
Believe Distribution Services
(Apr 16, 2015)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of TuneCore
TuneCore offers a comprehensive portfolio of products and services, including Music Distribution, Music Publishing, and Artist Services. 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.
Service for uploading and distributing music to global stores.
Administration for tracking and collecting song royalties worldwide.
Programs to promote music and enhance audience reach online.
Unlock access to complete
Funding Insights of TuneCore
TuneCore has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in October 2008. 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 Series A — $7.0M
-
First Round
First Round
(26 Oct 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2008 | Amount | Series A - TuneCore | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TuneCore
TuneCore has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Opus Capital and Believe Distribution Services. 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 |
|---|---|---|---|---|
|
Early-stage funding is offered by Opus Capital for technology companies.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by TuneCore
TuneCore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include JustGo. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Social Media Campaign and account management tool for the Music Industry
|
2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - TuneCore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tunecore Comparisons
Competitors of TuneCore
TuneCore 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 Amuse, Indiefy, Astiga, MusicPro and yiya, 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 |
Indie artists' music is distributed online to streaming platforms.
|
|
| domain | founded_year | HQ Location |
Platform for music distribution management and selling music
|
|
| domain | founded_year | HQ Location |
A cloud-based platform for automated music streaming services.
|
|
| domain | founded_year | HQ Location |
Digital platform for music distribution, protection, and monetization for artists.
|
|
| domain | founded_year | HQ Location |
Yiya offers digital music distribution and tools for independent musicians globally.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Tunecore
Frequently Asked Questions about TuneCore
When was TuneCore founded?
TuneCore was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Where is TuneCore located?
TuneCore is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is TuneCore a funded company?
TuneCore is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Oct 26, 2008.
How many employees does TuneCore have?
As of Dec 31, 2023, the latest employee count at TuneCore is 136.
What does TuneCore do?
TuneCore was founded in 2005 and is headquartered in Brooklyn, United States. Operations focus on the music industry, where digital distribution services are provided to artists for platforms such as Spotify, Apple Music, Amazon Music, Google Play Music, and YouTube. Royalties are distributed based on sales performance. Tools for fan engagement via social media and reviews are also offered. Revenue is generated through music sales and annual subscriptions.
Who are the top competitors of TuneCore?
TuneCore's top competitors include Amuse, Indiefy and RG RUDRA MEDIA.
What products or services does TuneCore offer?
TuneCore offers Music Distribution, Music Publishing, and Artist Services.
How many acquisitions has TuneCore made?
TuneCore has made 1 acquisition, including JustGo.
Who are TuneCore's investors?
TuneCore has 2 investors. Key investors include Opus Capital, and Believe Distribution Services.