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Spotify

13719 employees

Spotify is a commercial music streaming service that provides restricted digital content from a range of record labels and artists.

Investor insights

Sectors invested in

Music4
Music Streaming3
Internet3
digitization1
Artificial Intelligence1
Retail Technology1
Content Creators1
Independent Music1
Mobile1
Media and Entertainment1
Software1
Audio1
Information Technology1
Art1
Blockchain1
music for business1
Commercially licensed music1
music streaming1
Legal music for business1
Commercial music1

Funding rounds participated in

$9.1M sweet spot round size

Most of their 5 investments are in rounds between $1.8M and $11M

Basic info

Industry

musicians

Sectors

Cloud Computing
Audio
Music
Music Streaming

Date founded

2006

Investments made

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Sounder.fm raised $1.8M on March 10, 2020

Investors: Ulu Ventures, Newark Venture Partners, Xoogler.co and Spotify

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Artory raised $7.3M on April 22, 2019

Investors: Hasso Plattner Ventures and Spotify

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DistroKid raised undisclosed on October 18, 2018

Investors: Spotify

腾讯音乐 raised $1.1B on December 15, 2017

Investors: Spotify

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Soundtrack Your Brand raised $11M on June 23, 2015

Investors: NJF Capital, Wellington Partners, CREANDUM, Northzone and Spotify

Funding rounds raised

Total raised

$1B

from 12 investors over 12 rounds

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Spotify raised undisclosed on February 10, 2023

Investors: ValueAct Capital

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Spotify raised undisclosed on January 8, 2018

Investors: EquityZen

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Spotify raised undisclosed on April 2, 2017

Investors: LIAN Group

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Spotify raised undisclosed on August 10, 2016

Investors: Decacorn Capital

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Spotify raised undisclosed on July 28, 2016

Investors: Harmony Partners, blisce and Manhattan Venture Partners (MVP.vc)

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Spotify raised $1B on March 30, 2016

Investors: TPG Global, Dragoneer Investment Group and Vulcan Capital

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Spotify raised undisclosed on January 21, 2016

Investors: blisce

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Spotify raised undisclosed on August 30, 2015

Investors: EquityZen

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