# Goom Radio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goom-radio

- Industry: Media
- Headquarters: Sevres, France
- Website: www.goom.com
- Total disclosed funding: $25M
- Latest round: Series C (Aug 30, 2011)
- Investors on record: 6

## About

Goom Radio is a company specializing in branded radio and audio content solutions that enhance community engagement and brand identity across various platforms, including websites and mobile applications.Founded in 2008 in Sevres, France, Goom Radio operates in the audio marketing space, offering tailored audio experiences to brands. The company has not undergone any significant pivots and does not have known subsidiaries. The founders, Emmanuel Jayr and Quim Mas, have a background in audio solutions. Goom Radio has completed 3 deals, with its latest funding round being a Series C in August 2011, where EUR 2.877 mn was raised from investors including Elaia Partners, Wellington Partners, Partech, and 123 Investment Managers. The total amount raised by the company is EUR 2.877 mn, and its current valuation stands at EUR 18.350 mn.Goom specializes in providing branded radio and audio content solutions that integrate seamlessly across various platforms, including websites, social media pages, and mobile applications. Their core product offerings center on creating tailored audio experiences that foster community engagement and enhance brand identity. By delivering informative, cultural, and entertaining audio content, Goom addresses the needs of brands looking to strengthen their connection with audiences regardless of location. Their services cater to a diverse clientele, including retail businesses, corporate entities, and event organizers primarily in the European market, assisting clients in navigating the evolving landscape of audio marketing through personalized programming, music synchronization, and event coverage.Goom's revenue model is primarily based on B2B partnerships, where clients engage in subscription-based services to access customized audio programming and branded radio solutions. Transactions typically occur between Goom and its business clients, who pay for a range of services including targeted playlists, podcasts, and event broadcasting. Specific pricing structures are determined by the scope of services utilized, with clients opting for either full-service packages or tailored solutions based on their unique marketing goals. The company may also generate revenue through advertisement placements within their audio content, thus enhancing their offerings while providing clients with additional visibility for their brand-related events and initiatives.In August 2011, Goom Radio raised EUR 2.88 mn in a Series C round of funding to enhance its product offerings and support expansion plans. The company is focused on developing new audio products designed to further engage audiences and is exploring opportunities for expansion into additional European markets. Recent funding will be utilized to bolster these initiatives, ensuring they can effectively launch new services and enter new territories.

## Funding rounds

- Series C, Aug 30, 2011, $3.9M — Wellington Partners, Partech Partners, Elaia Partners, 123 Investment Managers
- Series B, Jun 16, 2009, $17M — Wellington Partners, Partech Partners, Elaia Partners, 123 Investment Managers
- Series A, Jan 18, 2008, $4.1M — Wellington Partners, Partech International Ventures, Multinvest Capital Private Equity

## Investors

- Wellington Partners (https://capitalatlas.ai/funds/wellington-partners) — Series A, Series B, Series C
- Partech International Ventures (https://capitalatlas.ai/funds/partech-international-ventures) — Series A
- Multinvest Capital Private Equity (https://capitalatlas.ai/funds/multinvest-capital-private-equity) — Series A
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series B, Series C
- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Series B, Series C
- 123 Investment Managers (https://capitalatlas.ai/funds/123-investment-managers) — Series B, Series C