# 7digital Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/7digital-group

- Industry: Media
- Headquarters: London, UK
- Website: www.7digital.com
- Total disclosed funding: $8.5M
- Latest round: Series A (Jan 1, 2008)
- Investors on record: 2

## About

Based in London, UK, and founded in 2004, 7digital Group PLC is a Business-to-Business music services company led by its CEO, Paul Langworthy. In 2005, the company launched its direct-to-consumer store and in 2013, it was merged with UBC Media Group. In 2018, the company raised GBP 1.5 million in PIPE funding from existing shareholders. In September 2020, the company raised GBP 6 million through an oversubscribed placing and subscription.

7digital technology platform allows businesses to connect their apps with licensed music from any label or publisher using a fully integrated suite of APIs that match any user management, music format, or business model. The company provides solutions for music services that remove the complexity of music companies so that they can focus on users, provides benefits of music into online fitness experiences, and support social media platforms to help people connect through music.

The company plans to focus on growth opportunities within the home fitness, artist monetization, and social media markets.

## Funding rounds

- Series A, Jan 1, 2008, $8.5M — Balderton Capital, Sutton Place Managers

## Investors

- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A
- Sutton Place Managers — Series A