Spotify

Public

Swedish audio streaming and media service founded in 2006, offering music, podcasts, and audiobooks to over 750 million monthly active users across 184 markets, making it the world's largest music streaming platform.

Founders Daniel Ek, Martin Lorentzon

CEO Daniel Ek

Company

Founded

2006

Headquarters

Stockholm, SE

Employees

5000+

Financials

Total Funding

$2.1B

Revenue (ARR)

$1B+

Public Market

Exchange

NYSE

Ticker

SPOT

IPO Date

Apr 3, 2018

Sectors

Entertainment Consumer Tech

www.spotify.com Twitter Blog

Funding History

7 rounds

IPO Apr 3, 2018

NYSE: SPOT

Debt Mar 29, 2016

$1.0B

Credit facility (debt, not equity). Not included in total funding.

TPG (Lender) Dragoneer Investment Group (Lender) Goldman Sachs

Series F Jun 10, 2015

$526M

Valuation: $8.5B

Goldman Sachs (Lead)

Series E Nov 21, 2013

$250M

Valuation: $4.0B

Technology Crossover Ventures (Lead)

Series D Nov 14, 2012

$100M

Valuation: $3.0B

Goldman Sachs (Lead) Fidelity Management & Research

Series C Jun 17, 2011

$100M

Valuation: $1.0B

DST Global (Lead) Kleiner Perkins (Lead) Accel (Lead)

Series B Aug 1, 2009

$50M

Valuation: $250M

Horizons Ventures (Lead) Northzone Creandum

Series A Oct 1, 2008

$22M

Northzone (Lead) Creandum Horizons Ventures

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.