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Mdundo - About the company

Mdundo is a seed company based in Nairobi (Kenya), founded in 2012 by Martin Moller Nielsen. It operates as a Music streaming platform for African music. Mdundo has raised $125K in funding. The company has 68 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Simfy Africa, Tubidy and Masuul.

Company Details

Mdundo is a music streaming platform for African music. Users can stream songs based on genres and artists and download them. Allows users to create personalized music playlists. The mobile app is available for Android devices. Generates revenue through advertisements, in-app purchases, and subscriptions.
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Key Metrics
Founded Year
2012
Location
Nairobi, Kenya
Stage
Seed
Total Funding
$125K in 1 round
Latest Funding Round
Ranked
Employee Count
50 as on Jul 31, 2026
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Mdundo's funding and investors

Mdundo has raised a total funding of $125K over 1 round. Its latest funding round was a Angel round on Aug 27, 2013 for $*****. 1 investor participated in its latest round. Mdundo has 2 institutional investors.

Here is the list of recent funding rounds of Mdundo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 27, 2013
8907202
Angel
8569393
9220164
5450134
5081853
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Mdundo's founders and board of directors

Founder? Claim Profile
The founders of Mdundo is Martin Moller Nielsen.
Here are the details of Mdundo's key team members:

Mdundo's employee count trend

Mdundo has 50 employees as of Jul 26. Here is Mdundo's employee count trend over the years:
Employee count trend for Mdundo
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Mdundo's Competitors and alternates

Top competitors of Mdundo include Simfy Africa, Tubidy and Masuul. Here is the list of Top 10 competitors of Mdundo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mdundo
Mdundo
2012, Nairobi (Kenya), Seed
Music streaming platform for African music
$125K
57/100
2nd
Logo for Simfy Africa
Simfy Africa
2012, Johannesburg (South Africa), Acquired
Music and radio streaming platform for African music
-
-
51/100
3rd
Logo for Tubidy
Tubidy
2023, Unfunded
Music streaming and download platform
-
-
42/100
4th
Logo for Masuul
Masuul
2014, San Francisco (United States), Unfunded
App-based African music streaming platform
-
-
41/100
5th
Logo for AfroCharts
AfroCharts
2020, Milwaukee (United States), Unfunded
Subscription-based African music streaming platform
-
-
41/100
6th
Logo for Deedo
Deedo
2017, Arbouans (France), Seed
On-demand music streaming application
-
37/100
7th
Logo for Sewasew
Sewasew
2022, Addis Ababa (Ethiopia), Unfunded
Online Ethiopian music streaming platform
-
-
35/100
8th
Logo for WAW MUZIK
WAW MUZIK
2017, Saint Sebastien sur Loire (France), Seed
Online platform for streaming music
-
34/100
9th
Logo for Mziiki
Mziiki
2014, Johannesburg (South Africa), Deadpooled
Open music streaming platform for African music
-
-
34/100
10th
Logo for ZAMUSIC
ZAMUSIC
2018, Johannesburg (South Africa), Unfunded
Platform for downloading African music
-
-
34/100
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Mdundo's Investments and acquisitions

Mdundo has made no investments or acquisitions yet.

Reports related to Mdundo

Here is the latest report on Mdundo's sector:

News related to Mdundo

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Media has covered Mdundo for a total of 2 events in the last 1 year.
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FAQs about Mdundo

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