# SnapTube

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

- Industry: Media
- Headquarters: Shenzhen, China
- Website: www.snaptubeapp.com
- Latest round: Series B (Jul 30, 2018)
- Investors on record: 5

## About

SnapTube is a mobile application that enables users to download videos and music from various online platforms, offering offline access and support for diverse formats and resolutions.SnapTube was founded in 2016 in Shenzhen, China. The company specializes in a mobile application that facilitates video and music downloads from multiple online platforms. Jichang Ding, the founder, has not been noted for previous ventures. The company has completed a total of 4 deals, with the most recent funding occurring on July 30, 2018, during a SERIES B round with investments from CICC Alpha, Tencent Investment, and TH Capital.SnapTube's primary offering is its mobile application, which allows users to download videos and music from various online platforms. The app supports a wide range of formats and resolutions, enabling users to select their desired quality based on their device specifications and data preferences. Its key functionality includes offline viewing and listening, catering to users who seek accessibility without relying on constant internet connectivity. The application serves a diverse customer base, particularly in regions with substantial internet infrastructure and mobile usage, including Asia, Latin America, and parts of Europe.Revenue generation for SnapTube is primarily through a freemium model, allowing users to access basic functionalities for free while offering premium features via subscription. This structure facilitates direct-to-consumer transactions, enabling users to upgrade their experience by unlocking additional functionalities such as ad-free usage or enhanced download capabilities. The company may also explore partnerships with content providers to create bundled offerings that enhance both user engagement and revenue streams. Details on subscription pricing have not been disclosed, yet typical industry models suggest a range of monthly or yearly payment options for access to advanced functionalities.SnapTube aims to expand its product offerings and geographic reach. The company is currently designing new features for its app, although specific release dates have not been disclosed. Plans for market expansion target regions with high mobile usage, particularly in Asia and Latin America, by the end of 2023. The funding raised during the SERIES B round will support these initiatives, enhancing the user experience and facilitating entry into new markets.

## Funding rounds

- Series B, Jul 30, 2018 — Tencent Investment, TH Capital, CICC Alpha
- Series A, Aug 26, 2016 — Legend Capital, Sinovation Ventures

## Investors

- Legend Capital — Series A
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A
- Tencent Investment — Series B
- TH Capital (https://capitalatlas.ai/funds/th-capital) — Series B
- CICC Alpha (https://capitalatlas.ai/funds/cicc-alpha) — Series B