Splice was founded in 2012 by John Leach, Gene Davis, and Monte Zweben. The company has not publicly endorsed plans to participate in an IPO.
Splice is an AI-powered beat making service. The company has acquired Superpowered and Indaba Media. Splice has raised more than $150 million in venture capital funding from investors including Goldman Sachs, Music, USV, True Ventures, DFJ Growth, and Flybridge. The company was valued at $500 million after a $55 million round of fundraising in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/22/2021 | Series D | $56MM | $xx.xx | $419.92MM | Gs Growth | |
Price per Share
$xx.xx
Shares Outstanding
8,588,910
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gs Growth
|
||||||
03/20/2019 | Series C | $60MM | $xx.xx | $281.38MM | Dfj Growth, Flybridge, Founders Circle Capital, Lerer Hippeau, Liontree, Matt Pincus, True Ventures, Union Square Ventures | |
Price per Share
$xx.xx
Shares Outstanding
11,536,705
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dfj Growth, Flybridge, Founders Circle Capital, Lerer Hippeau, Liontree, Matt Pincus, True Ventures, Union Square Ventures
|
||||||
12/14/2017 | Series B | $35MM | $xx.xx | $144.38MM | Dfj Growth, Flybridge, True Ventures, Union Square Ventures | |
Price per Share
$xx.xx
Shares Outstanding
8,454,593
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dfj Growth, Flybridge, True Ventures, Union Square Ventures
|
||||||
10/28/2016 | Series A | $6.8MM | $xx.xx | $33.61MM | Flybridge | |
Price per Share
$xx.xx
Shares Outstanding
5,044,155
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Flybridge
|
||||||
09/17/2014 | Series Seed-2 | $4.75MM | $xx.xx | $22.7MM | Am Only, Scooter Braun, Steve Angello, Tisto, True Ventures, Union Square Ventures, Wme | |
Price per Share
$xx.xx
Shares Outstanding
3,882,138
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Am Only, Scooter Braun, Steve Angello, Tisto, True Ventures, Union Square Ventures, Wme
|
||||||
10/09/2013 | Series Seed-1 | $2.75MM | $xx.xx | $11MM | Code Advisors, David Tisch, First Round Capital, Lerer Ventures, Rob Wiesenthal, Seth Goldstein, Sv Angel, True Ventures, Union Square Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,544,722
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Code Advisors, David Tisch, First Round Capital, Lerer Ventures, Rob Wiesenthal, Seth Goldstein, Sv Angel, True Ventures, Union Square Ventures
|