Musical.ly - About the company
Musical.ly is an acqui-hired company based in Shanghai (China), founded in 2013. It operates as an Online musical video creation and sharing app. Musical.ly has raised $100M in funding from Cheetah Mobile, with last known valuation of $*****. The company has 86 active competitors, including 10 funded and 2 that have exited. Its top competitors include companies like Singa, StarMaker and Smule.
Company Details
Musical.ly is an online video creation and sharing app that allows users to record videos and create the videos. Users can select a track from the database in the platform or from their device. The platform also supports features such as filter, fast motion, slow motion, time-lapse, reverse, etc. Users can share their videos on Instagram, Facebook, Twitter, Messenger, WhatsApp, and other social networking sites.
- Website
- musical.ly
Key Metrics
Founded Year
2013
Location
Shanghai, China
Stage
Acqui-Hired
Total Funding
$100M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 07, 2016
Investors
Ranked
4th among 86 active competitors
Employee Count
184 as on Sep 30, 2026
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Musical.ly's funding and investors
Musical.ly has raised a total funding of $100M over 5 rounds. Its first funding round was on 2014. Its latest funding round was a Series C round on May 09, 2016 for $*****. 4 investors participated in its latest round. Musical.ly has 13 institutional investors.
Here is the list of recent funding rounds of Musical.ly:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2016 | 5530037 | Series C | 9414493 | 8060065 | 3141813 | 3810326 |
2015 | 4792 | Series B | 9389 | 8591 | 7127 | |
Apr 22, 2015 | 8752347 | Series A | 2495980 | 8108310 | 9905979 |
View details of Musical.ly's funding rounds and investors
Musical.ly's founders and board of directors
Founder? Claim ProfileMusical.ly's employee count trend
Musical.ly has 184 employees as of Sep 26. Here is Musical.ly's employee count trend over the years:
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Musical.ly's Competitors and alternates
Top competitors of Musical.ly include Singa, StarMaker and Smule. Here is the list of Top 10 competitors of Musical.ly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online karaoke platform | $5.09M | 67/100 | ||
2nd | StarMaker 2010, San Francisco (United States), Acquired | Karaoke app with AI effects, lyrics, and singing skill improvement | $43.5M | 58/100 | |
3rd | Smule 2008, San Francisco (United States), Series F | Developer of social music creation and sharing apps | $211M | 57/100 | |
4th | Musical.ly 2013, Shanghai (China), Acqui-Hired | Online musical video creation and sharing app | $100M | 47/100 | |
5th | Platform for karaoke singing | - | 46/100 | ||
6th | Music karaoke platform | - | - | 46/100 | |
7th | App-based platform offering karaoke solutions | - | - | 46/100 | |
8th | AI-based social karaoke singing platform | - | - | 45/100 | |
9th | Developer of social music creation and sharing applications | $1.3M | 45/100 | ||
10th | Online karaoke platform for English and Vietnamese songs | - | - | 42/100 |
Looking for more details on Musical.ly's competitors? Click here to see the top ones
Musical.ly's Investments and acquisitions
Musical.ly has made no investments or acquisitions yet.
Reports related to Musical.ly
Here is the latest report on Musical.ly's sector:
News related to Musical.ly
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Lapse Snaps Up $30 Million Round As An Anti-Social Media Photo AppForbes•Feb 27, 2024•Lapse, Greylock Partners, DST Global, LinkedIn and 14 others
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U.S. Treasury seeks 'resolution' with ByteDance on security concernsReuters•Nov 12, 2020•ByteDance, Musical.ly, TikTok
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US Treasury seeks 'resolution' with ByteDance on security concernsGadgets Now•Nov 12, 2020•ByteDance, Musical.ly, TikTok
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U.S. Treasury seeks ‘resolution’ with ByteDance on security concernsFinancial Post•Nov 11, 2020•ByteDance, Musical.ly
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Triller India Appoints Raj Mishra as Country Manager and Head of OperationsDigital Terminal•Aug 25, 2020•Triller, Musical.ly
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Trump issues order to force TikTok to sell stakes in Musical.lyPageOne•Aug 15, 2020•Musical.ly, TikTok, ByteDance, http://www.muscial.ly
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TikTok's parent company reportedly faces a national security reviewEngadget•Nov 01, 2019•ByteDance, Musical.ly, TikTok, Grindr and 1 other
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TikTok surpasses YouTube, Instagram, Snapchat and Facebook in app rankMobileMarketer•Nov 01, 2018•TikTok, ByteDance, Musical.ly
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