Spotify

Spotify is a leading music streaming service headquartered in Stockholm, Sweden, offering on-demand access to a vast catalog of songs and podcasts across various devices, including computers, smartphones, and home entertainment systems. Founded in 2006, it operates through two primary segments: a premium subscription model and an ad-supported service. As of 2023, Spotify has approximately 602 million monthly active users, with a significant portion subscribing to its premium service, which generates the majority of its revenue. Users can explore music collections, create and share playlists, and receive personalized recommendations. Additionally, Spotify allows artists to promote their work by sharing tracks on social networks. The company's global reach includes operations in numerous countries, enhancing its accessibility and influence in the digital music landscape.

Alex Norstrom

Chief Business Officer and Co-President

Nora Rose

CEO

27 past transactions

Podz

Acquisition in 2021
Podz a small, talented team of entrepreneurs, engineers, and designers, to help make that experience even better.

Betty Labs

Acquisition in 2021
Betty Labs Incorporated, founded in 2018 and based in Los Angeles, California, specializes in developing sports trivia applications aimed at enhancing fan engagement. The company's flagship product, Sideline, is a live mobile game that allows viewers to win money by making predictions about sports events as they unfold on television. This interactive experience transforms mundane moments into exciting opportunities for competition and social interaction among friends. Additionally, Betty Labs offers Locker Room, a social audio platform that connects fans with sports insiders and athletes for live discussions, creating a space for fans to engage deeply with topics and teams they care about.
At Megaphone, we're committed to helping publishers and advertisers make the most out of podcasting. Our technology empowers content creators with the smartest tools to manage their podcast business, and enables brand advertisers to connect with thousands of unique audience segments. Founded in 2015, Megaphone is headquartered in DC with offices in Brooklyn, Chicago, San Francisco, and Los Angeles.

Sounder

Seed Round in 2020
Sounder.fm is a platform that helps audio creators manage, market, and measure their audio content. Sounder offers free hosting, transcription, Pinpoint Audio Search, and analytics to help the user grow its audience. It aims to drive creativity and make audio better for everyone. The company was founded in 2019 and based in New York, New York.

Sounder

Seed Round in 2020
Sounder.fm is a platform that helps audio creators manage, market, and measure their audio content. Sounder offers free hosting, transcription, Pinpoint Audio Search, and analytics to help the user grow its audience. It aims to drive creativity and make audio better for everyone. The company was founded in 2019 and based in New York, New York.

The Ringer

Acquisition in 2020
The Ringer owns and operates a website and podcasting network. The company was founded in 2016 and is based in Los Angeles, California.

SoundBetter

Acquisition in 2019
SoundBetter LLC is an online marketplace that connects musicians with a wide range of music production professionals, including recording studios, mixing and mastering engineers, and session musicians. Founded in 2012 and headquartered in Brooklyn, New York, the platform allows users to search for professionals based on various specialties, such as editing, vocal tuning, sound design, and live sound. It fosters transparency through verified reviews, helping self-producing musicians find the right partners according to their budget and genre preferences. SoundBetter serves a global audience, enabling artists to expand their networks and access a diverse pool of vetted talent. The company operates as a subsidiary of Spotify Technology S.A.

Artory

Series A in 2019
Artory, founded in 2016 by Nanne Dekking with support from renowned art collector Hasso Plattner, addresses significant trust issues in the art market, where many collectors fear purchasing fakes. The company operates a secure public registry utilizing blockchain technology to ensure the integrity and provenance of art and collectibles. Artory's platform provides verified information about artworks, enabling users to tokenize physical art, digital art, NFTs, and collectibles. This innovative approach not only enhances the security of ownership and investment but also fosters confidence among buyers and collectors by guaranteeing access to the most accurate transactional information. With teams based in New York and Berlin, Artory aims to protect and enhance the prosperity of those engaged in the art market, ultimately contributing to a more trustworthy environment for art transactions.

Parcast

Acquisition in 2019
Parcast is a leading podcast network that specializes in storytelling through scripted programming and audio dramas. The company is dedicated to producing engaging and informative content, aimed at entertaining its audience while delivering compelling narratives. Parcast's focus on story-driven podcasts sets it apart in the competitive podcasting landscape, allowing it to carve a niche in the realm of audio storytelling.

Gimlet

Acquisition in 2019
Gimlet Media Inc. is a digital media company based in Brooklyn, New York, specializing in the production of narrative podcasts. Founded in 2014, Gimlet focuses on creating high-quality audio content that engages listeners and fosters a deeper understanding of various subjects. The company operates a platform that allows users to share, subscribe to, and download its podcast episodes, thereby enhancing audience reach for brands and storytellers. In February 2019, Gimlet Media became a subsidiary of Spotify Technology S.A., further integrating its innovative storytelling approach within the broader digital audio landscape.

Anchor

Acquisition in 2019
Anchor is a user-friendly platform designed to simplify podcast creation and distribution. It allows users to record or upload high-quality audio and host unlimited episodes, making it accessible for both beginners and experienced podcasters. Anchor also offers seamless distribution to various platforms with a single click, enhancing the visibility of podcasts. Additionally, it incorporates community features that enrich the audio streaming experience, fostering interaction among users. This combination of ease of use and community engagement positions Anchor as a leading choice for individuals looking to enter the podcasting space.

DistroKid

Corporate Round in 2018
DistroKid is a software-as-a-service platform designed to assist independent musicians and record labels with music distribution and monetization. Founded in 2013 and based in San Francisco, the company provides tools for artists to upload unlimited music to various online stores and services for a single low fee. Its offerings include royalty collection, earnings splitting among collaborators, metadata customization, and promotion, as well as features for publishing credits and lyrics, backing up music files, and obtaining cover song licenses. DistroKid supports a wide range of platforms, allowing musicians to distribute their work globally, while also enabling participation in programs like YouTube ContentID. The service caters to solo musicians, bands, DJs, producers, and content creators, facilitating their engagement with fans and maximizing their reach in the digital music landscape.

Loudr

Acquisition in 2018
Loudr builds products and services that make it easy for content creators, aggregators and digital music services to identify, track and pay music publishers. Powered by technology that parses song ownership information and matches sound recordings to composition rights holders, Loudr makes it easy to secure mechanical right clearance for song usage at scale. Loudr's flagship products include Loudr Licensing (a la carte cover song licensing platform), Loudr Distribution (the first and only digital music distribution platform with built-in cover song licensing), and Loudr For Business (mechanical licensing support for enterprise clients).

Tencent Music Entertainment

Funding Round in 2017
Tencent Music Entertainment (TME) is the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs. Our platform comprises our online music, online karaoke and music-centric live streaming services, supported by our content offerings, technology and data. Our platform is an all-in-one music entertainment destination that allows users to seamlessly engage with music in many ways, including discovering, listening, singing, watching and socializing. On our platform, social interactions, such as sharing, liking, commenting, following and virtual gifting, are deeply integrated in our products and highly complementary to the core music experience, thereby enhancing our user experience, engagement and retention. We had over 800 million total unique MAUs in the second quarter of 2018, covering the full spectrum of user demographics in China.

Soundtrap

Acquisition in 2017
Soundtrap AB offers a cloud-based audio recording platform designed for collaboration in music and audio creation. Founded in 2012 and headquartered in Stockholm, Sweden, with an additional office in Silicon Valley, the platform supports a wide range of devices, including Mac, Windows, iPads, Android tablets and phones, Linux, and Chromebooks. Soundtrap has gained popularity, particularly in educational settings, where it is utilized for music instruction and podcast creation. The platform is recognized for its user-friendly interface and real-time collaboration features, which allow users to record and edit music or other audio content by connecting instruments or using built-in software options. Soundtrap is also a Google for Education Partner and has received accolades for its contribution to teaching and learning. In 2017, it became a subsidiary of Spotify AB.

niland

Acquisition in 2017
Niland SAS is a music technology company based in Paris, France, founded in 2013. It specializes in developing application programming interfaces (APIs) for music search and discovery, enabling music companies to enhance customer engagement. Niland's technology extracts meaningful information from audio tracks, transforming it into actionable data that captures musical and emotional characteristics. The company's offerings include the Niland API, which allows users to enrich their music tracks with descriptive tags, curate content, generate playlists, and create personalized music experiences. Additionally, it provides a REST API that integrates music search and discovery capabilities into various applications. Niland serves a diverse range of clients, including licensing companies, production music libraries, publishers, distributors, creative agencies, and music streaming services. As of May 2017, Niland operates as a subsidiary of Spotify USA Inc.

Mediachain

Acquisition in 2017
Mediachain is an open media library designed to automatically link media content to its creators and relevant information. The platform serves as a protocol for registering, identifying, and tracking creative works online, utilizing content identification technology to clarify who created a piece of media, its subject matter, and its origin. It facilitates collaboration among creators, media organizations, and developers on metadata within a universal media library, while enabling participants to maintain control over their data. Founded in 2016 and based in Brooklyn, New York, Mediachain operates under the ownership of Spotify USA Inc. as of April 2017.

MightyTV

Acquisition in 2017
Discover and stream the best of movies and TV with a few easy swipes. MightyTV factors in your personal preferences along with the opinions of trusted friends so you spend less time searching, and more time streaming video you’ll love. We employ A.I. to create truly personalized experiences for our users. Choose from a wide variety of streaming services and sort by price. We keep your needs in mind with every swipe. MightyTV launched in April 2016 and is headquartered in New York City.

Sonalytic

Acquisition in 2017
Sonalytic Ltd., founded in 2016 and based in London, specializes in audio detection technology aimed at identifying, monitoring, and discovering music. The company has developed a patented, web-based audio identification system that excels in recognizing individual songs, mixed content, and short audio clips with remarkable speed and accuracy. By leveraging machine learning techniques, Sonalytic's technology offers significant advantages over existing identification methods, particularly in its resilience to obfuscations. The effectiveness of their technology has been validated through large-scale trials with several major online platforms, which have confirmed its superior performance. As a subsidiary of Spotify AB, Sonalytic plays a crucial role in connecting content creators and rights holders with monetization opportunities in the evolving music landscape.

Preact

Acquisition in 2016
Preact, formerly known as Less Neglect, is a cloud-based customer success service designed for subscription software companies. The company focuses on maximizing customer lifetime value by addressing issues of churn, customer acquisition, and revenue growth. Preact utilizes detailed session-level tracking of web and mobile applications, along with server APIs, to provide tailored health metrics for each user and account. By employing big data analytics, behavioral science, and machine learning, Preact predicts customer behavior, identifying those likely to churn, renew, or upgrade. This predictive capability allows businesses to enhance customer support and product quality through real-time visibility into product usage. Furthermore, Preact integrates seamlessly with various leading cloud-based applications, including Gmail, Salesforce, and Zendesk, facilitating improved customer interactions and support.

CrowdAlbum

Acquisition in 2016
CrowdAlbum, Inc. is a platform that aggregates and displays photos and videos from events shared on social media. By using algorithm-based technology, CrowdAlbum collects, filters, and showcases content from various events, allowing organizers to connect with their audience and understand the influence of attendees. The company specializes in gathering images from concerts, celebrations, and significant historical moments, providing a comprehensive visual representation of these events. Founded by Tracy Chan and based in San Francisco, California, CrowdAlbum operates in an "invite only" mode and boasts partnerships with over 1,000 high-profile individuals and organizations, including notable artists and sports teams. As of April 2016, CrowdAlbum operates as a subsidiary of Spotify Technology S.A.

Soundwave

Acquisition in 2016
Soundwave Analytics Limited is a music discovery application that enables users to view in real-time the songs being played by others around them. Founded in 2012 in Dublin, Ireland, by Brendan O’Driscoll, Aidan Sliney, and Craig Watson, the app allows users to create charts based on specific locations, social circles, and preferences while filtering by time and genre. Before its acquisition by Spotify in January 2016, Soundwave attracted over 1.5 million users across 190 countries and tracked more than 150 million song plays. The app has received recognition for its innovation, being named "Best Innovation in Music" by Apple and featured in Google’s Android "Editors Choice" section. Soundwave's unique capability to track music listening habits in real-time has positioned it as a notable player in the music streaming industry.

Cord Project

Acquisition in 2016
Cord Project Inc., founded in 2014 and based in Brooklyn, New York, specializes in voice messaging technology. The company offers a platform that enables users to send voice messages quickly and easily, allowing for one-on-one chats or group conversations. The service is available for both iPhone and Android devices, providing a user-friendly experience. Cord Project operates as a subsidiary of Spotify USA Inc., focusing on enhancing communication through innovative audio messaging solutions that utilize voice commands to facilitate interactions on mobile devices.

Seed Scientific

Acquisition in 2015
We develop software and algorithms to understand people’s preferences and behaviors and deliver personal, contextually-relevant experiences and recommendations. We conceive, prototype, and scale data-driven innovations — new products and services, new platforms — for clients across the commercial and social sectors. Most often, these innovations incorporate real-time data collection, custom algorithms, data visualization, and software.

Soundtrack Your Brand

Series B in 2015
Soundtrack Your Brand is a Spotify joint venture and the exclusive provider of Spotify Business and Spotify Enterprise. We connect brands and fans, and our vision is to grow the music market and thereby support artists, so that they can give the world more great music

The Echo Nest

Acquisition in 2014
The Echo Nest is a music intelligence company that offers music services to developers and media companies. The company’s services enable high-scale music platforms to help fans better discover, share, and interact with the music they love. Their customer base reaches over 100 million every month through more than 400 applications and sites powered by The Echo Nest. The Echo Nest was founded by Brian Whitman and Tristan Jehan in July 2005 and is based in Somerville, Massachusetts.

Tunigo

Acquisition in 2013
Tunigo offers the easiest and most fun way to find, create, and share new music and playlists on Spotify. With Tunigo you will discover specific music for all occasions, grouped by the real events of your life. Plus you will also be keeping track of the latest releases, charts, reviews and current music news.
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