Sonicbids - About the company
Sonicbids is an acquired company based in Boston (United States), founded in 2001 by Jake, Andy Laties and Jay Mccall. It operates as an Online platform for musicians to form the professional network. Sonicbids has raised $4.71M in funding. The company has 233 active competitors, including 24 funded and 10 that have exited. Its top competitors include companies like BeatStars, Vinyl Group and Djaminn.
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
3rd among 233 active competitors
Employee Count
81 as on Sep 30, 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 | Reports |
|---|---|---|---|---|
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 | 7271044 | Series A | 9404493 | 6434924 | 6772710 | 9112251 |
Aug 13, 2007 | 2685764 | Series A | 6745981 | 5114243 | 7387829 |
View details of Sonicbids's funding rounds and investors
Sonicbids' founders and board of directors
Founder? Claim ProfileHere are the details of Sonicbids' key team members:
- Jake: Founder of Sonicbids.
- Andy Laties: Founder of Sonicbids and founder of 1 other company.
- Jay Mccall: Founder/ CEO/ Senior Writer of Sonicbids.
View details of Sonicbids's Founder profiles and Board Members
Sonicbids' employee count trend
Sonicbids has 81 employees as of Sep 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 Djaminn. 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 | - | - | 51/100 |
3rd | Sonicbids 2001, Boston (United States), Acquired | Online platform for musicians to form the professional network | $4.71M | 45/100 | |
4th | Djaminn 2018, Amsterdam (Netherlands), Unfunded | Platform offering cloud-based music collaboration solutions | - | - | 43/100 |
5th | Jammcard 2013, Los Angeles (United States), Seed | Online social platform for music professionals | $3.56M | 41/100 | |
6th | Grouped 2022, Nashville (United States), Funding Raised | Social networking platforms for artist to connect with fans | - | 41/100 | |
7th | Online platform for musicians and industry professionals to collaborate | - | - | 37/100 | |
8th | BandFriend 2012, San Diego (United States), Unfunded | Social media application for musicians | - | - | 35/100 |
9th | App-based social platform for content creators | - | - | 34/100 | |
10th | THEHIT 2019, Dover (United States), Unfunded | App-based platform providing artist network for collaboration | - | - | 33/100 |
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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