# Singa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/singa

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.singa.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Jun 7, 2017)
- Investors on record: 5

## About

Singa Ltd. is a Helsinki-based company specializing in karaoke solutions, providing a versatile platform that allows users to sing along to an extensive library of songs across various devices, enhancing social entertainment experiences.Founded in 2013 in Helsinki, Finland, Singa Ltd. operates a karaoke platform that transforms spaces into interactive singing venues. The company was co-founded by Atte Hujanen and Tomi Pajunen, who both bring prior entrepreneurial experience. Singa has raised a total of EUR 1.75 million across its Seed funding round on June 7, 2017, with Initial Capital leading the round alongside other investors such as Reaktor Ventures and Superhero Capital. Singa has executed 2 deals to date.Singa offers a comprehensive karaoke platform that transforms any space into a karaoke stage, utilizing various devices such as computers, mobile devices, and smart TVs. The core product features a vast library of high-quality karaoke songs tailored for diverse musical tastes. The services allow for social entertainment and personal expression, enabling users to enjoy their favorite tracks from home or at karaoke venues. Additionally, the mobile app enhances user experience by helping individuals locate karaoke venues, request songs, and participate in public performances, primarily serving customers in North America, Europe, and parts of Asia.In 2017, Singa reported revenue of EUR 21,711.50 and an EBITDA of EUR -50,284.90. The company generates revenue through subscription services, enabling users to access its extensive library of karaoke songs for a fee. Direct-to-consumer sales offer premium subscription plans for unlimited access, alongside gift cards for friends and family. Partnerships with karaoke venues and businesses create additional revenue streams through B2B collaborations utilizing its technology and song catalog.The most recent funding deal in June 2017, led by Initial Capital, raised EUR 1.75 million for Singa. This funding will support the development of new products and services, along with expansion plans into new markets. Specific target markets for growth are not detailed, but the company aims to leverage its technology to enhance user engagement and broaden its international presence.

## Funding rounds

- Seed, Jun 7, 2017, $2M — Tamares, Initial Capital, Tekes Venture Capital, Reaktor Ventures, Superhero Capital
- Angel, Jun 1, 2015, $0.6M — Reaktor Ventures

## Investors

- Reaktor Ventures — Angel, Seed
- Tamares (https://capitalatlas.ai/funds/tamares) — Seed
- Initial Capital — Seed
- Tekes Venture Capital — Seed
- Superhero Capital (https://capitalatlas.ai/funds/superhero-capital) — Seed