Believe Pte

Consumer ProductsSeries CSingaporebelieve.sg

Latest round

Series C

Last raised

Jul 2023

Total raised

$65M

Investors

7

About Believe Pte

Believe Pte Ltd.Believe Pte Ltd. was founded in 2019 in Singapore and operates as a digital services company focused on music distribution.Believe operates in the digital services sector, primarily focusing on music distribution and label services for independent artists and labels. Their core product offerings include a comprehensive digital distribution platform that enables artists to distribute their music across various streaming services and digital platforms globally. This service not only facilitates music availability but also provides analytics tools for artists to track their performance and audience engagement. Believe serves a diverse client base comprising independent musicians, record labels, and content creators, with a commitment to enhancing the visibility and reach of their clients' works.85 mn. The revenue model primarily revolves around digital distribution services, which operate on a commission basis from the revenues generated by the music they distribute. Clients typically engage with the company through subscription agreements or performance-based contracts, where artists and labels pay a percentage of their earnings from streaming platforms. This transactional structure allows for scalable revenue generation as it aligns the company’s success with that of its clients. The company is exploring the launch of new analytics tools designed for artists to better understand their audience and improve engagement. Additionally, Believe aims to enter new markets in Latin America and Africa by the end of 2025, focusing on providing localized services to meet the unique needs of independent artists in these regions. This strategic expansion is intended to build on the company’s existing framework and enhance its competitive edge in the evolving music distribution landscape.

Who invested in Believe Pte

7 investors across 3 rounds

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Funding rounds

  1. Series C

    Jul 11, 2023

    Amount

    $43M

    Investors

    Locked

  2. Series B

    Feb 25, 2021

    Amount

    $13M

    Investors

    Locked

  3. Series A

    May 14, 2020

    Amount

    $9.1M

    Investors

    Locked

Questions about Believe Pte

Who invested in Believe Pte?

Believe Pte has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Believe Pte raised?

Believe Pte has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Believe Pte last raise money?

Believe Pte's most recent round on record is a Series C, in Jul 2023.

What does Believe Pte do?

Believe Pte is a consumer products company.

Where is Believe Pte headquartered?

Believe Pte is headquartered in Singapore.

Which VCs invest in companies like Believe Pte?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at Believe Pte's stage. Their profiles are linked below.

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