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Rdio Stock

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

About Rdio Stock

Founded

2008

Total Funding

126M

Industries

Software, Data and Analytics, Artificial Intelligence

Rdio is the groundbreaking digital music service that has reinvented the way people discover, play, and share music. With on-demand access to over 12 million songs, Rdio connects people with music and makes it easy to search for and instantly play any song, album, artist or playlist without ever hearing a single ad. Discover what friends, people with similar tastes, recording artists and more are listening to in real-time and share across Twitter and Facebook. Build a digital music collection that's available everywhere - on the web, in-home or in-car, on an iPad or smartphone, and even offline. Rdio's library includes content from major record labels, as well as Merlin, INgrooves, The Orchard, CD Baby, TuneCore, and Believe, in addition to independent labels and distributors across the world. Launched in August 2010, Rdio is headquartered in San Francisco and was founded by Janus Friis, one of the creators of Skype. Currently available in 51 countries, Rdio is funded by Atomico, Janus Friis through his investment entities, Skype and Mangrove Capital Partners.

Rdio Management

Leadership team at Rdio

Software Engineer

Zack Dever

Co-Founder

Niklas Zennström

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Accredited investors can buy pre-IPO stock in companies like Rdio through EquityZen funds. These investments are made available by existing Rdio shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.

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If I invest, how do I exit my investment?

There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.

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