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- OMusic
OMusic Funding, Investors & Competitors
OMusic has raised $128M across 2 funding rounds, most recently a $8M Series A in March 2016.
Last OMusic funding round
$8M
Series A · Mar 2016
Cumulative funding OMusic raised
$128M
across 2 funding rounds
Key investors in OMusic
Tengxun Touzi
Baofeng
About OMusic
OMusic is a Shanghai-based online music platform offering streaming, downloads, and karaoke services with a library of 20 million tracks from Chinese and international artists. Integrated with QQ Music ecosystem, it provides lossless audio, live concert streaming, and user-generated content tools serving 100 million monthly active users.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
OMusic Funding History
OMusic has raised a total of $128M across 2 funding rounds.
OMusic's first fundraising round was a $120M Series A in April 2014. The most recent completed round was a $8M Series A in March 2016.
OMusic funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Mar 2016 | Series A | Baofeng | $8M |
| Apr 2014 | Series A | Tengxun Touzi (lead) | $120M |
Who has invested in OMusic?
2 investors have backed OMusic across its funding rounds, including Tengxun Touzi and Baofeng.
Lead investors include Tengxun Touzi.
OMusic Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 OMusic investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialOMusic Competitors
OMusic competitors include listed companies like Saregama India and Spotify, and private ones like Kakao Entertainment, Create Music Group, Epidemic Sound and SoundCloud.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1.2B | - | $7B | 5.8x | ||
| Private | - | - | $2.2B | - | ||
| Private | $85M | - | $1.4B | 16.5x | ||
| Publicly listed | $100M | $36M | $979M | 8.6x | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $20B | $2.4B | $109B | 4.5x |
OMusic Public Comps
OMusic is still privately-owned, but its public comps include Alphabet, Amazon, Netflix, Disney, Spotify, Comcast, NetEase, Warner Bros. Discovery, Live Nation and Universal Music.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $403B | $176B | 10.2x | 8.7x | 23.3x | 19.0x | |||
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $45B | $30B | 7.1x | 6.4x | 10.6x | 19.8x | |||
| $94B | $19B | 2.4x | 2.3x | 12.3x | 10.3x | |||
| $20B | $2.4B | 5.0x | 4.5x | 40.5x | 29.9x | |||
| $124B | $46B | 1.3x | 1.4x | 3.5x | 4.8x | |||
| $17B | $5.8B | 3.1x | 3.0x | 8.9x | 7.7x | |||
| $37B | $21B | 2.7x | 2.8x | 4.8x | 12.0x | |||
This data is available for Pro users. Sign up to see all OMusic competitors and their valuation data. Start Free Trial | ||||||||
Common questions about OMusic
| When was OMusic founded? | OMusic was founded in 2012. |
| Where is OMusic headquartered? | OMusic is headquartered in Beijing, China. |
| Is OMusic publicly listed? | No, OMusic is a private, VC-backed company. |
| How much funding has OMusic raised? | OMusic has raised $128M across 2 funding rounds. |
| What was OMusic's last funding round? | OMusic's last funding round was a $8M Series A in March 2016. |
| Who are OMusic's investors? | OMusic's investors include Tengxun Touzi and Baofeng. |
| Which companies are comparable to OMusic? | Companies comparable to OMusic include Kakao Entertainment, Create Music Group, Epidemic Sound, Saregama India, SoundCloud and Spotify. |
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