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Dubsmash
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About Dubsmash
Dubsmash was a video-sharing social media service that allowed users to create short, lip-synced videos to audio clips from songs, movies, and other popular soundbites. The company was founded in Berlin, Germany, in November 2014 by Jonas Drüppel, Roland Grenke, and Daniel Taschik. The trio, who met at a hackathon in Berlin, had previously developed other less successful apps, including a more complex music video creation tool called Starlize. The experience with Starlize taught them the importance of simplicity, leading to Dubsmash's user-friendly interface that required only a few clicks to create a video.
Drüppel and Grenke had business backgrounds, while Taschik was a software engineer, creating a balanced founding team. The app achieved rapid success, reaching the number one spot in Germany within a week of its launch and subsequently topping the charts in over 29 other countries. By June 2015, it had been downloaded over 50 million times across 192 countries, gaining traction with celebrities like Rihanna and Jimmy Fallon, which further boosted its popularity. In 2016, the company relocated from Germany to Brooklyn, New York, to better target American teenagers and focus on a user base that was notably diverse. At the time of its acquisition, Reddit reported that 25% of all Black teens in the U.S. were on the platform, and 70% of its users were female.
Dubsmash operated as a free-to-use mobile application on iOS and Android. The platform's business model was not centered on revenue generation for much of its life; instead, it focused on user growth and engagement, supported by over $20 million in venture capital funding. The service allowed users to upload their own audio, record videos, and share them on the platform and other social networks. Customization features included color filters and video trimming. A significant event in the company's history was a data breach in February 2019, which compromised over 162 million accounts. On December 13, 2020, Reddit announced its acquisition of Dubsmash to integrate its video creation tools into the Reddit platform. Following this integration, the standalone Dubsmash app was officially shut down on February 22, 2022, and the website now redirects to Reddit.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- New York City, United States
- Employees
- 13
- Open positions
- None listed
- Dealroom signal
- 71.5/100
- Industry
- Media
- Sub-industry
- Content production
- Sector
- Consumer Services, Music, Records, Sound Technology, Freemium, App, Video
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2020 | $0 | — | — | |
| EARLY VCEquity / VC | Mar 2019 | $4.8M | $19M | Index Ventures | — |
Growth signals
Latest recorded traffic for Dubsmash is 2.3K monthly website visits, up 1669.2% over the last three months. Dubsmash's team declined 31.6% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Lowercase Capital
Hasso Plattner Ventures
Series A7 investors entered at this stage
Index Ventures
The Raine Group
Eniac Ventures
Riccardo Zacconi
Heartcore Capital
Sunstone Life Science Ventures
Balderton Capital
Other known investors7 additional known investors
Reddit
CG Partners
Gordon Rubenstein
Lars Fjeldsoe-Nielsen
Max Niederhofer
The Angel Club
True Growth
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Dubsmash on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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