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Hoopr - About the company

Hoopr is a seed company based in Mumbai (India), founded in 2021 by Gaurav Dagaonkar and Meghna Mittal. It operates as an Online platform offering royalty-free music for content creators. Hoopr has raised $3.54M in funding from investors like 100Unicorns, Orpat Group and Venture Catalysts, with a current valuation of $*****. The company has 29 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like BeatStars, Slip-Stream and LucidSamples.

Company Details

Hoopr is an online platform offering royalty-free music for content creators. The platform provides an array of musical content that includes everything from songs, to themes, SFX, etc for vlogs, films, ad campaigns, and more.
Website
hoopr.ai
Social
XFacebook
Email ID
*****@hoopr.in
Phone Number
+91 **********
Registered Address
A-1203, Serenity Complex, Off Link Road, Jogeshwari West, Mumbai City, Mumbai, Maharashtra, India, 400102
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$3.54M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 21, 2026
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
37 as on Jul 31, 2026
Similar Companies
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Hoopr's funding and investors

Hoopr has raised a total funding of $3.54M over 7 rounds. Its first funding round was on Aug 10, 2021. Its latest funding round was a Seed round on Feb 21, 2026 for $*****. 3 investors participated in its latest round. Hoopr has 27 institutional investors and 27 angel investors.

Here is the list of recent funding rounds of Hoopr:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 21, 2026
7866571
Seed
5210431
6531613
5102761
8903555
Nov 17, 2025
4249166
Seed
5455699
3742068
6150640
2325644
May 30, 2022
1611215
Angel
6094894
8342974
4194115
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Hoopr's founders and board of directors

Founder? Claim Profile
The founders of Hoopr are Gaurav Dagaonkar and Meghna Mittal. Gaurav Dagaonkar is the CEO of Hoopr.
Here are the details of Hoopr's key team members:

Hoopr's Board of Directors

Hoopr's board has 2 active members. Gaurav Dagaonkar and Meghna Mittal are part of team.
Here is the list of Hoopr's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 3m
jvxrfve
Team
-
Current
5y 7m

Hoopr's employee count trend

Hoopr has 37 employees as of Jul 26. Here is Hoopr's employee count trend over the years:
Employee count trend for Hoopr
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Hoopr's Competitors and alternates

Top competitors of Hoopr include BeatStars, Slip-Stream and LucidSamples. Here is the list of Top 10 competitors of Hoopr, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BeatStars
BeatStars
2008, Austin (United States), Series A
Digital production marketplace for music producers to license, sell, and giveaway free beats
$10M
-
72/100
2nd
Logo for Hoopr
Hoopr
2021, Mumbai (India), Seed
Online platform offering royalty-free music for content creators
$3.54M
60/100
3rd
Logo for Slip-Stream
Slip-Stream
2020, United States, Series A
Online platform offering royalty-free music
$13.5M
41/100
4th
Logo for LucidSamples
LucidSamples
2010, London (United Kingdom), Unfunded
Platform offering audio samples for music producers and DJs
-
-
36/100
5th
Logo for Thematic
Thematic
2018, Culver City (United States), Seed
Online platform offering copyright-free music
$150K
34/100
6th
Logo for BeatStore
BeatStore
2023, Udaipur (India), Unfunded
Retailer of digital music beats for producers and recording artists
-
-
32/100
7th
Logo for AudioMicro
AudioMicro
2007, Los Angeles (United States), Acquired
Royalty-free music and sound effects library
$774K
31/100
8th
Logo for illpeoplemusic
illpeoplemusic
2019, Gurugram (India), Seed
Online platform offering royalty-free music
-
29/100
9th
Logo for VociVip
VociVip
2014, Verona (Italy), Unfunded
Online platform offering sounds from movies
-
-
27/100
10th
Logo for Music Vine
Music Vine
2015, Leeds (United Kingdom), Funding Raised
Music licensing solutions provider for the film industry
-
26/100
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Hoopr's Latest cap tables and shareholding

Founders (largest shareholder) own 61.40%, Funds own 18.63%, Enterprises own 1.02% and Angels own 9.64%. The net worth of Hoopr's founders is INR 62.1Cr as of Dec 29, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.40%
62.1Cr
5473906
1962890
5409629
5096725
6061620
2422100
4983636
6410255
7017138
8112454
239859
991528
112883
322015
161250
209143
Fund
18.63%
18.8Cr
6431638
4174826
9836059
4483290
52901
13093
19791
34766
88065
91892
62
25
48
83
33
85
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
1.02%
1.04Cr
6
7
6
8
Angel
9.64%
9.75Cr
8934723
9801567
7892348
8194632
0
0
0
0
0
0
ESOP Pool
8.73%
8.83Cr
1601388
8872894
7875940
1125408
Other Investors
0.56%
57.1L
0
0
0
0
Total
99.98%
101Cr
2710639
3205971
2811763
4135782
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Hoopr's Shareholding

Hoopr's Investments and acquisitions

Hoopr has made no investments or acquisitions yet.

Reports related to Hoopr

Here is the latest report on Hoopr's sector:

News related to Hoopr

lockFilter this list
Media has covered Hoopr for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Hoopr

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