X5 Music Group Overview
- Year Founded
-
2003
- Status
-
Acquired/Merged
- Employees
-
26
- Latest Deal Type
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M&A
- Latest Deal Amount
-
$25M
X5 Music Group General Information
Description
Operator of a music company intended for online distribution and mobile services. The company specializes in digital music downloads and licenses digital rights from various media partners, thereby enabling the sales and marketing of music.
Contact Information
Website
www.x5musicgroup.com(Operating Subsidiary)
Corporate Office
- Stadsgården 10
- 116 45 Stockholm
- Sweden
Corporate Office
- Stadsgården 10
- 116 45 Stockholm
- Sweden
X5 Music Group Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Merger/Acquisition | 02-Jun-2016 | $25M | Completed | Generating Revenue | ||
| 1. Later Stage VC | 22-Dec-2010 | Completed | Generating Revenue |
X5 Music Group Comparisons
Industry
Financing
Details
X5 Music Group Competitors (10)
One of X5 Music Group’s 10 competitors is CD Baby, a Formerly PE-Backed company based in Portland, OR.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CD Baby | Formerly PE-Backed | Portland, OR | ||||
| TuneCore | Formerly VC-backed | Brooklyn, NY | ||||
| Cinq Music Group | Venture Capital-Backed | Marina del Rey, CA | ||||
| Kobalt Music Group | Private Equity-Backed | London, United Kingdom | ||||
| Awal Digital | Corporate Backed or Acquired | London, United Kingdom |
X5 Music Group Signals
X5 Music Group Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Northzone Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority |
X5 Music Group Investments & Acquisitions (2)
X5 Music Group’s most recent deal was a Seed Round with Corite for . The deal was made on 12-Aug-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Corite | 12-Aug-2019 | Seed Round | Media and Information Services (B2B) | ||
| Soundrop | 01-Mar-2016 | Merger/Acquisition | Entertainment Software |
X5 Music Group FAQs
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When was X5 Music Group founded?
X5 Music Group was founded in 2003.
-
Where is X5 Music Group headquartered?
X5 Music Group is headquartered in Stockholm, Sweden.
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What is the size of X5 Music Group?
X5 Music Group has 26 total employees.
-
What industry is X5 Music Group in?
X5 Music Group’s primary industry is Movies, Music and Entertainment.
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Is X5 Music Group a private or public company?
X5 Music Group is a Private company.
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What is the current valuation of X5 Music Group?
The current valuation of X5 Music Group is .
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What is X5 Music Group’s current revenue?
The current revenue for X5 Music Group is .
-
How much funding has X5 Music Group raised over time?
X5 Music Group has raised $9.3M.
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Who are X5 Music Group’s investors?
, Northzone Ventures, and have invested in X5 Music Group.
-
Who are X5 Music Group’s competitors?
CD Baby, TuneCore, Cinq Music Group, Kobalt Music Group, and Awal Digital are some of the 10 competitors of X5 Music Group.
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When was X5 Music Group acquired?
X5 Music Group was acquired on 02-Jun-2016.
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Who acquired X5 Music Group?
X5 Music Group was acquired by Warner Music Group.
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