Music Startups in Africa
Overview Powered by AI
Local business leaders see music streaming as a promising industry with potential for growth. Anghami leads the market with a strong brand and partnerships, while Boomplay focuses on affordability and local content. Mdundo is gaining traction with its free and ad-supported model. Competition is expected to intensify as more players enter the market.
Cummulative Funding
$101.3M+
Total # of Companies
14
Total Deal Count
32
Total M&A Count
2
Total # of Investors
28
List of Music startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Anghami is a Beirut-headquartered leading music streaming service of the Middle East & North Africa. | Post-IPO Equity | $ 63,600,000 | 2012 | |
Boomplay Music is a leading music streaming and download service in Africa. | Series A | $ 25,500,000 | 2015 | |
Mdundo is a music service providing Africa with easy and affordable access to music. | Equity Crowdfunding | $ 7,100,000 | 2012 | |
JOOX is a mobile music streaming application which offers customers hundreds of personally curated playlists for every moment. | Venture | $ 2,300,000 | 2015 | |
Revolutionizing creative industries in emerging markets through blockchain technology. | Pre-seed | $ 1,400,000 | 2021 | |
A music streaming platform for passionate fans of niche music. | Venture | $ 750,000 | 2014 | |
Hitchat is a Cape Town based entertainment startup that focuses on uplifting communities through music. | Series A | $ 225,000 | 2019 | |
Streamio is an online music streaming service enabling individuals to listen to personalized music playlists on the go. | Seed | $ 200,000 | 2010 | |
Smubu is a music platform that aims to make music legally accessible in Africa. | Seed | $ 140,000 | 2017 | |
Covibes makes collaboration among music creatives convenient and safer. | Seed | $ 100,000 | 2019 | |
Spinlet is a company focused on meeting the needs of music lovers allowing them to buy, listen, share, and manage music. | Undisclosed | Undisclosed | 2006 | |
Nibble is an African creative agency and lifestyle brand in gaming & esports. More gaming. | Seed | Undisclosed | 2016 | |
TktsHub is an Egyptian Tickets marketplace that sells e-tickets for live sports, music and theater events. | Undisclosed | Undisclosed | ||
Connecting African creatives to the world via an entertainment Megaworld | Pre-seed | Undisclosed | 2021 |
Founded
2012
Overview
Anghami is a Beirut-headquartered leading music streaming service of the Middle East & North Africa.
Last round
Post-IPO Equity
Total raised
$ 63,600,000
Employee
51-200
Founded
2015
Overview
Boomplay Music is a leading music streaming and download service in Africa.
Last round
Series A
Total raised
$ 25,500,000
Employee
101-250
Founded
2012
Overview
Mdundo is a music service providing Africa with easy and affordable access to music.
Last round
Equity Crowdfunding
Total raised
$ 7,100,000
Employee
11-50
Founded
2015
Overview
JOOX is a mobile music streaming application which offers customers hundreds of personally curated playlists for every moment.
Last round
Venture
Total raised
$ 2,300,000
Employee
11-50
Founded
2021
Overview
Revolutionizing creative industries in emerging markets through blockchain technology.
Last round
Pre-seed
Total raised
$ 1,400,000
Employee
2-10
Founded
2014
Overview
A music streaming platform for passionate fans of niche music.
Last round
Venture
Total raised
$ 750,000
Employee
2-10
Founded
2019
Overview
Hitchat is a Cape Town based entertainment startup that focuses on uplifting communities through music.
Last round
Series A
Total raised
$ 225,000
Employee
2-10
Founded
2010
Overview
Streamio is an online music streaming service enabling individuals to listen to personalized music playlists on the go.
Last round
Seed
Total raised
$ 200,000
Employee
1-10
Founded
2017
Overview
Smubu is a music platform that aims to make music legally accessible in Africa.
Last round
Seed
Total raised
$ 140,000
Employee
1-10
Founded
2019
Overview
Covibes makes collaboration among music creatives convenient and safer.
Last round
Seed
Total raised
$ 100,000
Employee
1-10
Founded
2006
Overview
Spinlet is a company focused on meeting the needs of music lovers allowing them to buy, listen, share, and manage music.
Last round
Undisclosed
Total raised
$ 0
Employee
11-50
Founded
2016
Overview
Nibble is an African creative agency and lifestyle brand in gaming & esports. More gaming.
Last round
Seed
Total raised
$ 0
Employee
11-50
Founded
Overview
TktsHub is an Egyptian Tickets marketplace that sells e-tickets for live sports, music and theater events.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2021
Overview
Connecting African creatives to the world via an entertainment Megaworld
Last round
Pre-seed
Total raised
$ 0
Employee
2-10