Transsnet Music is the owner of Boomplay, Africa&s;s largest music streaming and download service.
Business Model: B2C
Revenue: $0
Employees: 201-500
Address: -
City: Lagos
State: lagos
Zip: 100001
Country: NG
Boomplay (formally known as Boom Player) is a music and video streaming &a; download service developed and owned by Transsnet Music Limited. Boomplay’s vision is to build the largest and most reliable digital music ecosystem for artists and content creators in Africa. The Boomplay app which won the “Best African App” at the 2017 Apps Africa Awards has over 42 million users as of February 2019. It is currently the biggest and fastest growing music app in Africa with a catalog of 5 million songs and videos which is still growing day by day. Users can stream songs and videos online free of charge, subscribe to one of the daily, weekly or monthly plans to save songs and videos to play whilst offline or purchase content to download. The service is currently available on Android, iOS, and the Web.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2016 | Venture Round | $5.5M | 4/2019 | Series A | 2 | $20M |
Maison Capital Seas Capital Maison Capital Seas Capital |
3/2019 | Seed Round | $5.5M |
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