Spotify is nominated for the Best International Startup at Dmexco 2017 on Sep 13, 2017  

Overview

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Acquisitions
11 Acquisitions
Total Equity Funding
$1.56B in 8 Rounds from 31 Investors
Headquarters:
Stockholm, Stockholms Lan
Description:
Spotify is a commercial music streaming service that provides restricted digital content from a range of record labels and artists.
Founders:
,
Categories:
Music Streaming, Cloud Computing, Video Streaming, Music
Website:
http://www.spotify.com
Social:

Company Details

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Founded:
July 14, 2006
Aliases:
Spotify Technology S.A.
Contact:
| +442032879990
Employees:
1k - 5k | 84 in Crunchbase

Spotify is a commercial music streaming service that provides 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 access 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.

Funding Rounds (16) - $2.56B

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DateAmount / RoundValuationLead InvestorInvestors
Jun, 2017undisclosed amount / Secondary Market1
Jul, 2016undisclosed amount / Secondary Market3
Mar, 2016$1B / Debt Financing2
Jan, 2016$500M / Convertible Note0
Jan, 2016undisclosed amount / Secondary Market1
Aug, 2015undisclosed amount / Secondary Market2
Jun, 2015$526M / Series G16
Nov, 2014undisclosed amount / Secondary Market2
Jan, 2014undisclosed amount / Secondary Market1
Nov, 2013$250M / Series F$4B1
Nov, 2012$100M / Series E6
Jan, 2012undisclosed amount / Secondary Market1
Jun, 2011$100M / Series D5
Feb, 2010€11.6M / Series C2
Aug, 2009$50M / Series B3
Oct, 2008$21.64M / Series A4

Acquisitions (11)

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DateAcquiredAmount
May 17, 2017Unknown
Apr 26, 2017Unknown
Mar 27, 2017Unknown
Mar 7, 2017Unknown
Nov 2, 2016Unknown
Apr 27, 2016Unknown
Jan 20, 2016Unknown
Jan 20, 2016Unknown
Jun 24, 2015Unknown
Mar 6, 2014Unknown

Investments (2)

DateInvested InRoundPartner(s)
Jun, 2017£32M / Series E
Jun, 2015$10.9M / Series B

Current Team (84)

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Products (3)

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  • Fan Insights gives artists and their managers exclusive data about their audiences, including demographics, location, and listening counts.
  • Spotiamp is an application allowing users to play the playlists on their Spotify Premium accounts by combining the classic Winamp interface.
  • Spotify presents party-ready playlists mixed by exclusive DJs and tuned by users.

Competitors (11)

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  • 8tracks is an internet radio and social network that streams user-curated song playlists that contain at least 8 tracks.
  • Apple is a multinational corporation that designs, manufactures, and markets consumer electronics, personal computers, and software.
  • Empowering artists and fans. BABOOM is aiming to blast the current music industry model and give artists the power to control their career.
  • Deezer is the world’s most diverse, dynamic and personal global music streaming company and includes a unique personalisation model, Flow.
  • Grooveshark is a free web-based music application that enables internet users listen to music on-demand.
  • LIME Music Library is an exclusive library that offers a collection of music for placement in TV, film, and advertising.
  • Pandora provides internet radio and recommendation services.
  • Rakuten is a tech company that offers electronic commerce solutions in Japan and internationally.

Partners (4)

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  • Solving complexities behind rights-holder identification, licensing and distribution associated with derivative content across all media
  • Capital One is a diversified banking company that offers early and later stage venture, and debt financing investments.
  • Waze is a mobile navigation app that enables drivers to use live maps, and get real-time traffic updates and other road data.
  • Merlin enables independent music artists to overcome the historical problems of market fragmentation.

Offices/Locations (7)

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  • Office

    20, rue Cambon

    Paris, Ile-de-France 75001

    France

  • Office

    22 av. Marie-Thérèse

    L-2132

    Luxembourg, Luxembourg

    Luxembourg

  • Office

    Hillegomstraat 12-14

    Amsterdam, Noord-Holland 1058LS

    The Netherlands

  • Spotify NY

    45W 18th Street

    7th floor

    New York, New York 10011

    United States

  • Office

    St. Olavs plass 2

    Oslo, Oslo 0165

    Norway

  • Office

    Eloy Gonzalo, 27, 6º

    Madrid, Madrid 28010

    Spain

  • Office

    Birger Jarlsgatan 61

    Stockholm, Stockholms Lan 114 34

    Sweden

Upcoming Event Appearances (1)

Dmexco 2017

September 13, 2017 - September 14, 2017

Koelnmesse GmbH, Messeplatz 1 50679, Cologne, Nordrhein-Westfalen, Germany

The global business and innovation platform of the digital economy.

Past Event Appearances (14)

Awards (1)

Images (3)

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