Funding Received
$537.8 Million in 7 Rounds from 17 Investors
Most Recent Funding
$250 Million Series F on November 21, 2013
Headquarters:
Stockholm
Description:
Spotify is a commercial digital music service enabling users to access audio content from a range of artists and labels.
Founders:
Martin Lorentzon, Daniel Ek
Categories:
Entertainment, Cloud Computing, Video Streaming, Music
Website:
http://www.spotify.com

Company Details

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

Users can browse through the interface by artist, album, genre, playlist, record label and direct searches. It also enables individuals to create, share, and edit playlists with other users. If users want recommendations, they can integrate their system with Last.fm, an application that provides music recommendations based on listening history. The radio feature installed in Spotify creates random playlists for its users that are related to preferred artists.

Social media integration is a popular feature that enables users to connect their Spotify accounts to their Facebook and Twitter profiles. This enables them to acesss their friends’ favorite music and playlists and share their choices with others as well. Spotify users can purchase their preferred content through partner retailers.

Spotify is available for mobile device platforms such as Android, Blackberry, Boxee, iOS, Linux, MeeGo, Squeezebox, Windows mobile, and more.

Spotify was launched in October 2008 by a Swedish startup.

Current Team (27)

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Past Team (24)

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Funding Rounds (7) - $250M

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Board Members and Advisors (6)

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Products (1)

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  • Wzirzdxwag0864b01l0u

    The Long Tail

    The Long Tail. That’s not something new, neither on the Web nor in the music field.

Acquisitions (2)

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Investors (17)

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  • 4e52d8337ef1034a6dba159e7dbf8a25

    Technology Crossover Ventures

    Technology Crossover Ventures is a venture firm that focuses on information technology. TCV...
  • 55a8b8832325692da4eed827f2d5ea87

    AFSquare

    The mission of AF Square is to discover companies whose business model disrupts the status quo.
  • Clydmzkxdv6xxgc8wuuj

    The Coca-Cola Company

    Beverage manufacturing.
  • Dee9adcd9df3d20189c9d1776ad95712

    Fidelity Ventures

    Fidelity Ventures provides capital and other resources that help portfolio companies bring new...
  • 5737462eda266cedfcec048180bd3bb9

    Lakestar

    Lakestar invests in Internet and technology companies, and focuses on business models that can...
  • 01492abbd361d12a7193e4965d1c7af2

    Goldman Sachs

    Multinational investment banking firm
  • 4cd3e0820f08a1ea8325be1b9990e569

    137 Ventures

    137 Ventures is a growth stage venture fund with an innovative secondary investment structure...
  • B3f58e60a53e9b113cc71c1a0d0fba8a

    Digital Sky Technologies

    Late-stage Internet Investment Firm

Offices/Locations (7)

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  • Office

    Hillegomstraat 12-14

    Amsterdam, 1058LS

    NLD

  • Office

    76 9th Avenue

    Suite 1110, 11th Floor

    New York, NY 10011

    USA

  • Office

    Eloy Gonzalo, 27, 6º

    Madrid, 28010

    ESP

  • Office

    Birger Jarlsgatan 61

    Stockholm, 114 34

    SWE

  • Office

    St. Olavs plass 2

    Oslo, 0165

    NOR

  • Office

    20, rue Cambon

    Paris, 75001

    FRA

  • Office

    22 av. Marie-Thérèse

    L-2132

    Luxemburg,

    LUX

Competitors (7)

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  • 21d701d0a01be31b12405c3cbda8a06a

    simfy

    simfy is an online music platform enabling users to stream, share and store music.
  • 0680572fffe926fcd661f037956c9c58

    Deezer

    Deezer is an online music service providing music fans unlimited access to 30 million tracks,...
  • 8c694b4da17d6a8bce48afe639090cbf

    Rdio

    Rdio is a digital music service provider reinventing the way people discover, listen to and share...
  • 8a34e592d7cae593ad6be7b61087f699

    8tracks Radio

    8tracks is an internet radio and social network that streams user-curated song playlists that...
  • F35b9a33637cfb098082dceccd28abd3

    SoundCloud

    SoundCloud is an online audio distribution platform where individuals can create sounds and share...
  • Fd0991cff2ef998c00f3aa67a4640bcc

    Grooveshark

    Grooveshark is a free web-based music application that enables internet users listen to music...
  • 9d0de46adcbe50d96a986c7c85f88ad5

    Pandora Media

    Pandora Radio is the custodian of the Music Genome Project and provides internet radio and...

Customers (1)

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  • Dxbvmitnrtj0kun3ic8r

    Ouyeaa

    Ouyeaa is a web-search platform for booking leisure activities and bachelor parties.

Images (3)

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  • Vdppn3legm0731mm9m07
  • 2d5ef5342614115cdf40dc6485498c35
  • 9d5f9b62a6895279fd99e146c6c49af2

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