Last deal

Amount

Venture - Series Unknown

Stage

18.04.2018

Date

3

all rounds

$750K

Total amount

date founded

Financing round

General

About Company
NicheStreem is a music streaming platform for passionate fans of niche music.

Industry

Sector :

Subsector :

founded date

01.01.2014

Operating Status

Closed (15.03.2017)

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Based in Cape Town, South Africa, NicheStreem builds specialist streaming services for niche audiences in emerging markets. The start-up, founded in 2014 by Catherine Lückhoff, is backed by seasoned local and international investors with strong ties in the media and retail industry. NicheStreem's focus is on providing the right music for every moment, connecting users to their favourite songs at home and on the go. Their dedicated streaming services aim to serve the passionate fans of music by building music streams for niche audiences.
Contacts
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M&A Details
1

Transaction name

Acquired by

Media24

announced date

15.03.2017

Financials

Funding Rounds
5
3

Number of Funding Rounds

$750K

Money Raised

Their latest funding was raised on 18.04.2018. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
18.04.2018
03.04.2017
1
15.01.2017
1
$500K
Co-Investors
Investors
3
0

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed
No
Seed
No
Venture - Series Unknown
Sina Afra

Sina Afra

Sina is a Serial Entrepreneur. His latest endeavor is Tiko which he founded and serves as CEO. Before that he was the Founder of Markafoni, the first Online Fashion site of Turkey. Markafoni became also the first Turkish internet company expanding beyond the borders of Turkey: Markafoni launched sites in Australia, Ukraine, Greece and Poland between 2009 and 2011. Sina served until 2014 as Chairman and CEO. The Naspers Group acquired in July 2011 a majority stake at Markafoni and signed for one of the biggest deals in the Turkish internet. Sina is also an active Business Angel and invests in early stage start-ups. He is the President of the Entrepreneur Foundation and Endeavor Turkey Board (2013-2017). Sina has been elected as the “Internet Entrepreneur of the Year” and “Business Angel of the Year” in Turkey. Markafoni won several awards: “Best Web Start-up 2011” and “Best Online Fashion Site in 2011, 2012 and 2013”. The Wired UK magazin elected in 2012 and 2013 Markafoni to the hottest 100 companies in Europe. Sina was also selected (2014 & 2015) to the Top 100 most influential tech people Europe. In 2016 he was selected as one of Top 100 most influential tech people in the World (Wired Magazine). Forbes Magazin elected him to the "Brightest Minds" alive in Turkey (2019). Prior to Markafoni, Sina spent more than 5 years with eBay and 12 years with KPMG. Sina received a "Diplom Kaufmann" from Münster University and joined later Harvard Business School. He speaks five languages. His passion goes with his family and esports where he is the President of "1907 Fenerbahçe esports” team - a professional esports team in the TCL. He shares his thoughts on eCommerce in his personal blog www.sinaafra.com and on twitter (sinaafra).

current job

Tiko
Tiko

count Of Investments

36

count Of Exists

13
Media24

Media24

Media24 is a publishing group in Africa that offers 24-hour information and entertainment.

Sector

Media

Subsector

Publishing

Location

Cape Town, South Africa

count Of Investments

1

count Of Exists

1
PeaceTech Accelerator

PeaceTech Accelerator

The PeaceTech Accelerator scales startups using cloud innovation for peacetech.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Washington Cir NW, Washington, DC, USA

count Of Investments

29

count Of Exists

3

People

Founders
1
Catherine Lückhoff
Catherine Lückhoff

Catherine Lückhoff

Catherine Lückhoff is passionate about business development, mobile, big data, music, start-ups and innovation in Africa, and has worked extensively with operators, OEMs and brands throughout the continent. HQ Africa is her second company, having sold her first, MANGO-OMC – one of South Africa’s leading integrated PR and communications agencies – in 2012 before joining a Google Ventures and Omidyar funded start-up, Bozza.mobi. She serves on the board of The Silicon Cape Initiative – a non-profit, community owned and driven movement, that aims to improve the environment in the Western Cape to create more and better start-ups as well as increase access to capital. In her career Catherine has been named one of the Mail & Guardian’s “200 Young South Africans”; was recognised in the Topco Top Women in Business and Government; and included in the first Old Mutual Do Great Things start-up guide. She has spoken on a variety of topics ranging from how content drives the uptake of

current job

NicheStreem
NicheStreem

organization founded

1

Catherine Lückhoff

Employee Profiles
8

Marc Tatham

Mobile software engineer

Johan Jacobs

Johan Jacobs

Chief Technical Officer

Ralf Mueller

Ralf Mueller

Product Owner

Suzanne Rentzke

Suzanne Rentzke

Head of Content

Jason Norwood-Young

Software Developer

Haddad Viljoen

Haddad Viljoen

Chief Marketing Officer

Andrew Irvine

Licensing

Catherine Lückhoff

Catherine Lückhoff

Founder & Chief Executive Officer

Activity

Recent News
0