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Beats Electronics - About the company

Beats Electronics is an acquired company based in Santa Monica (United States), founded in 2008 by Jimmy Lovine and Dre. It operates as a Brand of speaker and headphones. Beats Electronics has raised $560M in funding, with last known valuation of $*****. The company has 140 active competitors, including 10 funded and 10 that have exited. Its top competitors include companies like Sonos, boAt and Skullcandy.

Company Details

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Registered Address
Antala Staška 378 14000 Praha
Key Metrics
Founded Year
2008
Location
Santa Monica, United States
Stage
Acquired
Total Funding
$560M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 01, 2013
Ranked
Employee Count
451 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Apple (May 09, 2014)

Beats Electronics's acquisition details

Beats Electronics got acquired by Apple on May 09, 2014 at an acquisition amount of $*****.
Click here to take a look at Beats Electronics's acquisition in detail
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Beats Electronics's funding and investors

Beats Electronics has raised a total funding of $560M over 2 rounds. Its first funding round was on Mar 07, 2013. Its latest funding round was a PE round on Sep 27, 2013 for $*****. 1 investor participated in its latest round. Beats Electronics has 2 institutional investors.

Here is the list of recent funding rounds of Beats Electronics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 27, 2013
6687976
PE
2677923
3057660
6647404
1286065
Mar 07, 2013
9454057
PE
7839114
4860522
6261760
7083017
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Beats Electronics' founders and board of directors

Founder? Claim Profile
The founders of Beats Electronics are Jimmy Lovine and Dre.
Here are the details of Beats Electronics' key team members:
  • Jimmy Lovine: Co-Founder of Beats Electronics.
  • Dre: Co-Founder of Beats Electronics.

Beats Electronics' employee count trend

Beats Electronics has 451 employees as of Jun 26. Here is Beats Electronics's employee count trend over the years:
Employee count trend for Beats Electronics
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Beats Electronics's Competitors and alternates

Top competitors of Beats Electronics include Sonos, boAt and Skullcandy. Here is the list of Top 10 competitors of Beats Electronics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sonos
Sonos
2002, Santa Barbara (United States), Public
Manufacturer of wireless speakers, home sound systems, and audio components
$296M
79/100
2nd
Logo for boAt
boAt
2016, Gurugram (India), Series C
Retailer of personal audio and wearable products, plus mobile accessories
$171M
77/100
3rd
Logo for Beats Electronics
Beats Electronics
2008, Santa Monica (United States), Acquired
Brand of speaker and headphones
$560M
77/100
4th
Logo for Skullcandy
Skullcandy
2003, Park City (United States), Acquired
Manufacturer of headphones, earbuds, speakers, and gaming accessories
-
65/100
5th
Logo for JBL
JBL
1946, Los Angeles (United States), Acquired
Manufacturer of audio devices
-
64/100
6th
Logo for Bose
Bose
1964, Framingham (United States), Funding Raised
Audio products manufacturer & technology developers
-
 
61/100
7th
Logo for Sennheiser
Sennheiser
1945, Lehrte (Germany), Funding Raised
Provider of headphones, microphones, and wireless transmission
-
60/100
8th
Logo for Teufel Audio
Teufel Audio
1980, Berlin (Germany), Acquired
Manufacturer of high-fidelity audio products sold directly to consumers
-
58/100
9th
Logo for Noise
Noise
2014, Gurugram (India), Series B
Online retailer of smart watches, earbuds, and related accessories
$30M
57/100
10th
Logo for Soundcore
Soundcore
2001, New Castle (United States), Unfunded
Manufacturer of wireless headphones, earbuds, and speakers
-
-
57/100
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Beats Electronics's Investments and acquisitions

Beats Electronics has acquired MOG. Beats Electronics has not made any investments as of now.

Reports related to Beats Electronics

Here is the latest report on Beats Electronics's geography:

News related to Beats Electronics

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Media has covered Beats Electronics for a total of 14 events in the last 1 year, 12 of them have been about company updates and 2 about partnerships.
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FAQs about Beats Electronics

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