Simfy Africa Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

Simfy Africa General Information

Description

Operator of a music streaming platform intended to capture the growing base of smartphone users in Africa. The company's platform gives access to listen to music online or to download old songs, new releases, albums and artists, thereby helping to create and share user's own playlists on a computer, laptop, tablet, mobile or any other devices on free or on a subscription trial basis.

Contact Information

Website
simfy.africa
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Ground Floor, Darter Studios, 4 Darters Road
  • Gardens
  • Cape Town, 8001
  • South Africa
+27 086
Primary Industry
Movies, Music and Entertainment
Other Industries
Entertainment Software
Parent Company
MTN Group
Vertical(s)
AudioTech
Corporate Office
  • Ground Floor, Darter Studios, 4 Darters Road
  • Gardens
  • Cape Town, 8001
  • South Africa
+27 086

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Simfy Africa Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Simfy Africa Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a music streaming platform intended to capture the growing base of smartphone users in Africa. The company's
Movies, Music and Entertainment
Cape Town, South Africa

New York, NY
 

New York, NY
 
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Simfy Africa Competitors (23)

One of Simfy Africa’s 23 competitors is eMusic.com, a Formerly PE-Backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
eMusic.com Formerly PE-Backed New York, NY
Jango Formerly VC-backed New York, NY
Beatport Formerly PE-Backed Los Angeles, CA
YouTube Private Equity-Backed San Bruno, CA
Spotify Formerly VC-backed Stockholm, Sweden
You’re viewing 5 of 23 competitors. Get the full list »

Simfy Africa FAQs

  • When was Simfy Africa founded?

    Simfy Africa was founded in 2010.

  • Where is Simfy Africa headquartered?

    Simfy Africa is headquartered in Cape Town, South Africa.

  • What industry is Simfy Africa in?

    Simfy Africa’s primary industry is Movies, Music and Entertainment.

  • Is Simfy Africa a private or public company?

    Simfy Africa is a Private company.

  • What is Simfy Africa’s current revenue?

    The current revenue for Simfy Africa is .

  • Who are Simfy Africa’s competitors?

    eMusic.com, Jango, Beatport, YouTube, and Spotify are some of the 23 competitors of Simfy Africa.

  • When was Simfy Africa acquired?

    Simfy Africa was acquired on 13-Nov-2018.

  • Who acquired Simfy Africa?

    Simfy Africa was acquired by MTN Group.

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