Spotify

Music for everyone

Stockholm, Sweden · Founded 2006 · $2.1B raised

Headquarters
Stockholm
Employees
5001–10000
Founded
2006
Business Model
B2C
Total Funding
$2.1B
Last Round
$1.0B Convertible NoteMar 2016
Rounds
9

About

Spotify is the world's largest audio streaming platform, giving over 600 million users access to music, podcasts, and audiobooks from creators worldwide. Built on a microservices architecture with Java, Kafka, and Google Cloud, Spotify's platform powers personalized recommendations for billions of listening sessions daily. The company also created and open-sourced Backstage, a widely-adopted developer portal platform.

Summary

Spotify is an Entertainment company based in Stockholm, Sweden, founded in 2006. It has raised $2.1B in total across 9 rounds, most recently a $1.0B Convertible Note round in Mar 2016. Investors include Goldman Sachs, TPG (Growth/Rise) and Dragoneer.

Tech & App Stack

17 technologies & apps tracked

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Funding History

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Direct ListingDirect ListingApr 2018

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Series A through Direct Listing — per-round amounts, valuations, and who invested in each round.

Investors

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