About We7
We7 is a company based in Oxford (United Kingdom) founded in 2007, and was acquired by Tesco in June 2012. Ad-supported music streaming and downloading platform is operated. We7 has raised $5.86 million across 2 funding rounds from investors including Tesco, Eden Ventures and Pentech.
Company details
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.
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 $5.86M
- Total Rounds 2
- First Round $5.86M
(Jan 2008)
- Investors Count 3
All 2 funding rounds of We7 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2011 | Seed | – | – | ||
| Jan 2008 | $5.86M | Seed | – | Spark Ventures, Eden Ventures | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made in European tech startups. | edenventures.co.uk | London, United Kingdom | ||
UK tech and offline companies are funded by Pentech. | pentech.vc | Edinburgh, United Kingdom | ||
Sustainable solutions are invested in to empower global communities. | sparkventures.org | |||
Groceries and merchandise are retailed through various outlets by Tesco. | 1919 | tesco.com | Welwyn Garden City, United Kingdom |
Investor details for We7
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of We7
4 dated milestones of We7 across 5 years, from founding to its latest funding, stage changes and deals.
- Founded We7 is founded.
- Funding First funding round of $5.9M.
- Funding Latest funding round, Seed,.
- Exit Acquired by Tesco.
Web traffic of We7
Websites that share an audience with We7 (we7.com).
Websites whose visitors overlap most with We7. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
listen.grooveshark.com | listen.grooveshark.com | 100% | – | ||
| 7digital.com | 100% | 212.3K | #142,650 | View details | |
| jamendo.com | 98% | 647.5K | #65,097 | View details | |
rhapsody.com | rhapsody.com | 98% | – | ||
| freeplaymusic.com | 96% | #712,271 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 27 similar websites and full traffic analytics for We7
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- 27 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about We7
We7 was founded in 2007 and raised its 1st funding round 1 year after it was founded.
We7 is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
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 2008.
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.
We7 has 4 investors. Key investors include Tesco, Eden Ventures, Pentech, and Spark Ventures.
Yes. We7 was acquired by Tesco in June 2012.