Sentric (Business/Productivity Software) Overview
- Year Founded
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2006
- Status
-
Acquired/Merged
- Employees
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140
- Latest Deal Type
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M&A
- Latest Deal Amount
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$58.7M
Sentric (Business/Productivity Software) General Information
Description
Developer of an online music publishing platform designed to empower artists and songwriters to collect the royalties they're owed and add creative value to their songs. The company's platform provides an enhanced administration and international infrastructure that includes direct royalty collection in global territories, enabling artists and music companies to track income, process royalties, and increase the value of songs.
Contact Information
Website
www.sentric.com(Operating Subsidiary)
Corporate Office
- 4th Floor Walker House
- Exchange Flags
- Liverpool L2 3YL
- England, United Kingdom
Corporate Office
- 4th Floor Walker House
- Exchange Flags
- Liverpool L2 3YL
- England, United Kingdom
Sentric (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 29-Mar-2023 | $58.7M | Completed | Generating Revenue | ||
| 9. Merger/Acquisition | 03-Feb-2022 | Completed | Generating Revenue | |||
| 8. Secondary Transaction - Private | 01-Oct-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 20-Mar-2017 | Completed | Generating Revenue | |||
| 6. Grant | 01-Sep-2014 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 06-Mar-2014 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 23-May-2012 | Completed | Generating Revenue | |||
| 3. Debt - General | 14-Dec-2011 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 01-Aug-2008 | $49.7K | $86.1K | Completed | Startup | |
| 1. Angel (individual) | 04-Sep-2007 | $36.4K | $36.4K | Completed | Startup |
Sentric (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| D Ordinary | ||||||||
| D Ordinary | ||||||||
| A Ordinary | ||||||||
| A Ordinary | ||||||||
| D Ordinary | ||||||||
| D Ordinary | 1,111 | $0.166161 | $37.39 | $37.39 | 1x | $37.39 | 8.85% | |
| D Ordinary | 1,201 | $0.166161 | $25.08 | $25.08 | 1x | $25.08 | 9.56% |
Sentric (Business/Productivity Software) Comparisons
Industry
Financing
Details
Sentric (Business/Productivity Software) Competitors (6)
One of Sentric (Business/Productivity Software)’s 6 competitors is UnitedMasters, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| UnitedMasters | Venture Capital-Backed | New York, NY | ||||
| Audiam | Private Equity-Backed | New York, NY | ||||
| CD Baby | Formerly PE-Backed | Portland, OR | ||||
| Audiosocket | Venture Capital-Backed | Seattle, WA | ||||
| Revelator | Formerly PE-Backed | Albany, NY |
Sentric (Business/Productivity Software) Signals
Sentric (Business/Productivity Software) Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AXM Venture Capital | Venture Capital | Minority | ||
| BGF (Financial Services) | Growth/Expansion | Minority | ||
| Creative Capital Fund | Venture Capital | Minority | ||
| Innovate UK | Government | |||
| Utopia (Business/Productivity Software) | VC-Backed Company | Majority |
Sentric (Business/Productivity Software) Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Black Rock Publishing | Liverpool, United Kingdom | 2013 | |
| Masstrax Music | Liverpool, United Kingdom | 2010 | |
| Iq Music | Liverpool, United Kingdom | 1984 |
Sentric (Business/Productivity Software) FAQs
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When was Sentric (Business/Productivity Software) founded?
Sentric (Business/Productivity Software) was founded in 2006.
-
Where is Sentric (Business/Productivity Software) headquartered?
Sentric (Business/Productivity Software) is headquartered in Liverpool, United Kingdom.
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What is the size of Sentric (Business/Productivity Software)?
Sentric (Business/Productivity Software) has 140 total employees.
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What industry is Sentric (Business/Productivity Software) in?
Sentric (Business/Productivity Software)’s primary industry is Business/Productivity Software.
-
Is Sentric (Business/Productivity Software) a private or public company?
Sentric (Business/Productivity Software) is a Private company.
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What is the current valuation of Sentric (Business/Productivity Software)?
The current valuation of Sentric (Business/Productivity Software) is .
-
What is Sentric (Business/Productivity Software)’s current revenue?
The current revenue for Sentric (Business/Productivity Software) is .
-
How much funding has Sentric (Business/Productivity Software) raised over time?
Sentric (Business/Productivity Software) has raised $5.13M.
-
Who are Sentric (Business/Productivity Software)’s investors?
AXM Venture Capital, BGF (Financial Services), Creative Capital Fund, Innovate UK, and Utopia (Business/Productivity Software) have invested in Sentric (Business/Productivity Software).
-
Who are Sentric (Business/Productivity Software)’s competitors?
UnitedMasters, Audiam, CD Baby, Audiosocket, and Revelator are some of the 6 competitors of Sentric (Business/Productivity Software).
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When was Sentric (Business/Productivity Software) acquired?
Sentric (Business/Productivity Software) was acquired on 29-Mar-2023.
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Who acquired Sentric (Business/Productivity Software)?
Sentric (Business/Productivity Software) was acquired by Believe (Paris).
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