Dropbeat - About the company
Dropbeat is a deadpooled company based in Daejeon (South Korea), founded in 2015. It operates as an EDM music discovery and streaming platform. Dropbeat has raised an undisclosed amount in funding from SparkLabs. The company has 766 active competitors, including 31 funded and 29 that have exited. Its top competitors include companies like Spotify, Deezer and Anghami.
Company Details
Dropbeat is an EDM (Electronic Dance Music) music discovery and streaming platform. Users can discover, listen, and get the information related to EDM. It provides music content from various music streaming platforms including YouTube and SoundCloud. Generates revenue through advertisements.
- Website
- dropbeat.net
- Social
- Email ID
- *****@dropbeat.net
Key Metrics
Founded Year
2015
Location
Daejeon, South Korea
Stage
Deadpooled
Latest Funding Round
Investors
Ranked
1042nd among 1061 competitors
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Dropbeat's funding and investors
Dropbeat has raised funding over 1 round. Its latest funding round was a Seed round on Jun 22, 2015 for $*****. 1 investor participated in its latest round. Dropbeat has 1 institutional investor.
Here is the list of recent funding rounds of Dropbeat:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2015 | 6060690 | Seed | 5226501 | 8428964 | 8522934 | 7009481 |
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Dropbeat's Competitors and alternates
Top competitors of Dropbeat include Spotify, Deezer and Anghami. Here is the list of Top 10 competitors of Dropbeat, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform for streaming digital music and podcasts | $2.06B | 87/100 | ||
2nd | Online platform for on-demand music and radio streaming | $445M | 82/100 | ||
3rd | Online music streaming platform offering Arabic music | $2.75M | 72/100 | ||
4th | SoundCloud 2007, Germany, Series F | Provider of online platform for streaming and listening to music | $438M | 71/100 | |
5th | Provider of curated audio and video content for businesses and consumers | - | - | 70/100 | |
6th |  Tidal 2014, New York City (United States), Acquired | Subscription-based online music streaming platform | $200M | 70/100 | |
7th | Subscription-based on-demand music streaming platform | $31.9M | 67/100 | ||
8th |  Napster 1999, Los Angeles (United States), Acquired | B2B platform offering customizable, branded music streaming and download services | - | 67/100 | |
9th |  TREBEL 2014, Los Angeles (United States), Series B | Music download and streaming app | $30M | 65/100 | |
10th | Myspace 2003, Los Angeles (United States), Acquired | On-demand music streaming and content sharing platform | $42.8M | 64/100 | |
1042nd | Dropbeat 2015, Daejeon (South Korea), Deadpooled | EDM music discovery and streaming platform | - | 14/100 |
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Dropbeat's Investments and acquisitions
Dropbeat has made no investments or acquisitions yet.
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