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Anghami - About the company

Anghami is an acquired company based in Jounieh (Lebanon), founded in 2011 by Eddy Maroun. It operates as an Online music streaming platform offering Arabic music. Anghami has raised $2.75M in funding from investors like Middle East Venture Partners, Samena Capital and SHUAA. The company has 796 active competitors, including 31 funded and 31 that have exited. Its top competitors include companies like Spotify, Deezer and Napster.

Company Details

Online music streaming platform offering Arabic music. It provides a music catalog of licensed Arabic music content. Users can stream and download Arabic music based on artists and genres. It allows users to create personalized music playlists. The mobile app is available for Android and iOS devices. Generates revenue through subscriptions, advertisements, and in-app purchases.
Social
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Key Metrics
Founded Year
2011
Location
Jounieh, Lebanon
Stage
Acquired
Total Funding
$2.75M in 8 rounds
Latest Funding Round
Ranked
Employee Count
229 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Osn (Apr 02, 2024)

Anghami's acquisition details

Anghami got acquired by Osn on Apr 02, 2024.
Click here to take a look at Anghami's acquisition in detail
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Anghami's funding and investors

Anghami has raised a total funding of $2.75M over 8 rounds. Its first funding round was on 2012. Its latest funding round was a Post IPO round on Mar 19, 2024 for $*****. 1 investor participated in its latest round. Anghami has 11 institutional investors.

Here is the list of recent funding rounds of Anghami:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 19, 2024
5830836
Post IPO
9882580
8459994
7657795
6816969
Nov 01, 2023
1683911
Post IPO
8674449
2982835
3994161
9764444
Oct 06, 2023
3210363
Post IPO
4936050
5802534
6627981
9678572
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Anghami's founders and board of directors

Founder? Claim Profile
The founders of Anghami is Eddy Maroun.
Here are the details of Anghami's key team members:

Anghami's employee count trend

Anghami has 229 employees as of Jul 26. Here is Anghami's employee count trend over the years:
Employee count trend for Anghami
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Anghami's Competitors and alternates

Top competitors of Anghami include Spotify, Deezer and Napster. Here is the list of Top 10 competitors of Anghami, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spotify
Spotify
2006, Stockholm (Sweden), Public
Provider of a platform for streaming digital music and podcasts
$2.06B
86/100
2nd
Logo for Deezer
Deezer
2007, Paris (France), Public
Online platform for on-demand music and radio streaming
$445M
83/100
3rd
Logo for Napster
Napster
1999, Los Angeles (United States), Acquired
B2B platform offering customizable, branded music streaming and download services
-
75/100
4th
Logo for Myspace
Myspace
2003, Los Angeles (United States), Acquired
On-demand music streaming and content sharing platform
$42.8M
74/100
5th
Logo for Anghami
Anghami
2011, Jounieh (Lebanon), Acquired
Online music streaming platform offering Arabic music
$2.75M
72/100
6th
Logo for Tidal
Tidal
2014, New York City (United States), Acquired
Subscription-based online music streaming platform
$200M
71/100
7th
Logo for Stingray
Stingray
2007, Montreal (Canada), Public
Provider of curated audio and video content for businesses and consumers
-
-
70/100
8th
Logo for SoundCloud
SoundCloud
2007, Germany, Series F
Provider of online platform for streaming and listening to music
$438M
70/100
9th
Logo for Qobuz
Qobuz
2007, Paris (France), Series B
Subscription-based on-demand music streaming platform
$31.9M
67/100
10th
Logo for TREBEL
TREBEL
2014, Los Angeles (United States), Series B
Music download and streaming app
$30M
65/100
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Anghami's Investments and acquisitions

Anghami has not made any investments yet. Anghami has made 5 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 04, 2022
Acquisition
1995
Jul 04, 2022
Acquisition
1927
Jun 30, 2022
Acquisition
2005
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Reports related to Anghami

Here is the latest report on Anghami's sector:

News related to Anghami

lockFilter this list
Media has covered Anghami for a total of 12 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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