Mdundo
OperatingMdundo is a music service providing Africa with easy and affordable access to music.
- Advertising
- Nairobi, Kenya
- Equity Crowdfunding
- Founded 2012
- mdundo.com ↗
- Total raised
- $7.1M
- disclosed
- Last round
- $6.4M
- Equity Crowdfunding
- Rounds
- 7
- since 2012
- Investors
- 1
- on record
- Employees
- 11-50
About Mdundo
Mdundo is a music service providing Africa with easy and affordable access of music. We tap into the 135,000,000 downloads of African music every month with our free music service and connect Africa's biggest brands to our audience. We collect rights to an increasingly popular unique Africa music catalogue. The customer can download and stream the music legally from our mobile website and android app free of charge and we tab in to Africa’s growing digital advertisement industry. Markets: Kenya, Tanzania, Uganda, Nigeria, Ghana, Zambia, Zimbabwe, Mozambique, Angola, Rwanda.
Mdundo funding7 rounds
All 7 rounds →Mdundo has raised $7.1M across 7 disclosed rounds. The latest is a $6.4M Equity Crowdfunding announced 03 Sep 2020.
- $25KSeedSeed, $25K, $25K raised to date
- $100KFunding RoundFunding Round, $100K, $125K raised to date
- $125KAngelAngel, $125K, $250K raised to date
- $150KFunding RoundFunding Round, $150K, $400K raised to date
- $300KAngelAngel, $300K, $700K raised to date
- $6.4MEquity CrowdfundingEquity Crowdfunding, $6.4M, $7.1M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Mdundo
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 03 Sep 2020 | Mdundo Equity Crowdfunding | Not disclosed | $6.4M |
| 01 Jul 2015 | Mdundo Angel | Not disclosed | $300K |
| 01 Mar 2014 | Mdundo Funding Round | Not disclosed | $150K |
| 27 Aug 2013 | Mdundo Angel | Not disclosed | $125K |
| 01 Jul 2013 | Mdundo Funding Round | Not disclosed | $100K |
| 01 Nov 2012 | Mdundo Non-equity Assistance | 88mph.ac | Not disclosed |
| 01 Sep 2012 | Mdundo Seed | Not disclosed | $25K |
Mdundo founders & team
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Frequently asked about Mdundo
- Where is Mdundo based and when was it founded?
- Mdundo is headquartered in Nairobi, Kenya and was founded in 2012.
- Who is the CEO of Mdundo?
- Martin Møller Nielsen is Mdundo's CEO.
- How much funding has Mdundo raised?
- Mdundo has raised $7.1M across 7 disclosed rounds. Its latest, a $6.4M Equity Crowdfunding, was announced on Sep 03, 2020.
- Who has invested in Mdundo?
- Backers include 88mph.ac.
- What sector is Mdundo in?
- Mdundo operates in Advertising, Music and Digital Entertainment.
