Sonicbids - About the company
Sonicbids is an acquired company based in Boston (United States), founded in 2001 by Andy Laties. It operates as an Online platform for musicians to form the professional network. Sonicbids has raised $4.71M in funding. The company has 291 active competitors, including 28 funded and 10 that have exited. Its top competitors include companies like BeatStars, Vinyl Group and Stage.
Company Details
Sonicbids is an online platform for musicians that allows users to create a professional network. It connects bands, music promoters, and brands through an online platform. It provides fan engagement, music discovery, and gigs. Generates revenue through monthly subscriptions.
- Website
- sonicbids.com
Key Metrics
Founded Year
2001
Location
Boston, United States
Stage
Acquired
Total Funding
$4.71M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 291 active competitors
Employee Count
81 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Backstage (Jan 30, 2013)
Legal entities associated with Sonicbids
Sonicbids is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sonicbids Corp CIN: 04-3509045 , United States, Active | Aug 26, 2007 | - | - | - |
Sonicbids's acquisition details
Sonicbids got acquired by Backstage on Jan 30, 2013.
Click here to take a look at Sonicbids's acquisition in detail
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Sonicbids's funding and investors
Sonicbids has raised a total funding of $4.71M over 2 rounds. Its first funding round was on Aug 13, 2007. Sonicbids has 2 institutional investors.
Here is the list of recent funding rounds of Sonicbids:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2010 | 8183334 | Series A | 5638810 | 4221317 | 4588955 | 5764298 |
Aug 13, 2007 | 5426129 | Series A | 1709127 | 5049274 | 1447486 |
View details of Sonicbids's funding rounds and investors
Sonicbids' founders and board of directors
Founder? Claim ProfileThe founders of Sonicbids is Andy Laties.
Here are the details of Sonicbids' key team members:
- Andy Laties: Founder of Sonicbids and founder of 1 other company.
View details of Sonicbids's Founder profiles and Board Members
Sonicbids' employee count trend
Sonicbids has 81 employees as of Aug 26. Here is Sonicbids's employee count trend over the years:
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Sonicbids's Competitors and alternates
Top competitors of Sonicbids include BeatStars, Vinyl Group and Stage. Here is the list of Top 10 competitors of Sonicbids, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BeatStars 2008, Austin (United States), Series A | Digital production marketplace for music producers to license, sell, and giveaway free beats | $10M | - | 72/100 |
2nd | Vinyl Group 2015, South Yarra (Australia), Public | Platform that connects music creators, fans, and brands | - | - | 50/100 |
3rd | Stage 2011, Los Angeles (United States), Unfunded | Global entertainment industry platform connecting creatives and providing education and resources | - | - | 47/100 |
4th | Sonicbids 2001, Boston (United States), Acquired | Online platform for musicians to form the professional network | $4.71M | 45/100 | |
5th | PearPop 2020, Los Angeles (United States), Series A | Monetization-based social platform for content creators | $34M | 44/100 | |
6th | Fanding 2018, Seoul (South Korea), Funding Raised | Social platform provider for fan engagement | - | 44/100 | |
7th | Fud 2021, Manhattan Beach (United States), Funding Raised | Online social platform for content creators | - | 43/100 | |
8th | Djaminn 2018, Amsterdam (Netherlands), Unfunded | Platform offering cloud-based music collaboration solutions | - | - | 43/100 |
9th | Promodeling 2016, United Kingdom, Unfunded | Online community platform for photography professionals | - | - | 41/100 |
10th | Jammcard 2013, Los Angeles (United States), Seed | Online social platform for music professionals | $3.56M | 41/100 |
Looking for more details on Sonicbids's competitors? Click here to see the top ones
Sonicbids's Investments and acquisitions
Sonicbids has acquired ArtistData. Sonicbids has not made any investments as of now.Reports related to Sonicbids
Here is the latest report on Sonicbids's sector:
News related to Sonicbids
•
PickleJar Announces LOI for Strategic Partnership With Sonicbids to Expand Venue and Artist Subscription ServicesNewMediaWire•Feb 20, 2025•PickleJar, Sonicbids
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