We7 is a UK-headquartered music streaming service that offers an Internet radio Plus model blending a lean-back radio experience with on-demand features. The service reports over 3 million unique monthly users and has begun expanding beyond the UK with a launch in Ireland. CEO Steve Purdham argues cloud-based music services are nearing mainstream adoption and cites smartphone and connected-device penetration as drivers. We7 positions its product as a mass-market formula aimed at general music listeners rather than just early adopters and music obsessives. The company plans further European expansion into "multiple countries" and intends to use fresh funding to consolidate its UK position. We7 operates a free, ad-supported platform offering music and video downloads. The company emphasizes an "artist friendly" model, ensuring rights owners are paid and artists retain control of their intellectual property. Services report just shy of 100,000 users and more than 1 million tracks downloaded. We7 is based in Oxford, UK. Financially, the company has completed a $6 million Series A round. The round was positioned to support continued growth of the ad-supported download service.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2008