THE ELECTRIC JUKEBOX COMPANY
Founder of Omnifone creates easy-to-use music streaming system that eliminates the need for credit card subscriptions.
Founder of Omnifone creates easy-to-use music streaming system that eliminates the need for credit card subscriptions.
The Electric Jukebox Company, founded in 2014, by Rob Lewis, the founder of Omnifone, aims to revolutionize music streaming. Lewis observed the complexity and barriers of existing music streaming services, channeling his entrepreneurial spirit to create a user-friendly alternative. The company's goal is to provide easy access to music without the need for credit card subscriptions. Its recent $14.00M Venture Round investment on 16 August 2017 signifies confidence in the company's vision. Notably, Electric Jukebox's commissioned research by YouGov revealed that music streaming subscriptions have a mere 8% consumer rate in the UK and less than 50 million globally. Positioned in the Consumer Electronics, Music, and Streaming industries, the United Kingdom-based company is poised to disrupt the music streaming landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $14.00M | - | 16 Aug 2017 | |
| Series A | £1.50M | 4 | David Munns, Mark Gretton +2 | 07 Nov 2016 |
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