We7

Oxford, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By Tesco
Ad-supported music streaming and downloading platform is operated.
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About We7

We7 is a company based in Oxford (United Kingdom) founded in 2007 was acquired by Tesco in June 2012.. We7 has raised $5.86 million across 2 funding rounds from investors including Tesco, Eden Ventures and Pentech.

  • Headquarter Oxford, United Kingdom
  • Phone
    *********
  • Website
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.86 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Tesco

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Tesco

    (Jun 15, 2012)

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Funding Insights of We7

We7 has successfully raised a total of $5.86M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (21 Jan 2008)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2011 Amount Seed - We7 Valuation

investors

Jan, 2008 Amount Seed - We7 Valuation Spark Ventures , Eden Ventures
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 We7

We7 has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Tesco, Eden Ventures and Pentech. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed and early-stage investments are made in European tech startups.
Founded Year Domain Location
UK tech and offline companies are funded by Pentech.
Founded Year Domain Location
Sustainable solutions are invested in to empower global communities.
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 We7

Investments
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

Financial Statements - We7

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

We7 Comparisons

Employees
+
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Competitors of We7

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 We7

Frequently Asked Questions about We7

When was We7 founded?

We7 was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Where is We7 located?

We7 is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.

Is We7 a funded company?

We7 is a funded company, having raised a total of $5.86M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.86M, raised on Jan 21, 2008.

What does We7 do?

We7 was founded in 2007 in Oxford, United Kingdom, within the music streaming sector. An online platform for ad-supported music streaming and downloading is provided, where DRM-free tracks can be shared among users. Audio advertisements are embedded directly into the downloadable music files. Operations have since shifted, with the domain updated to blinkboxmusic.com to reflect the evolving business model.

Who are We7's investors?

We7 has 4 investors. Key investors include Tesco, Eden Ventures, Pentech, and Spark Ventures.

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