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Spotify Stock
Commercial music streaming service
About Spotify Stock
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.
Investors
Baillie Gifford
Flipkart, Epic Games, goPuff, Spotify, Rappi, Scopely, Indigo, Relativity Space, Tempus, Zymergen
blisce/
Spotify, Pinterest, Bird, Harry's, Casper, Boxed, Imperfect Foods, BlaBlaCar, Candid, LE TOTE
Dragoneer Investment Group
Flipkart, Spotify, Databricks, Airbnb, Instacart, Chime, DoorDash, UiPath, Nubank, Faire
DST Global
Market Kurly, Flipkart, Robinhood, Spotify, Chime, DoorDash, Flexport, Rappi, Wish, Swiggy
EquityZen
Lyft, AppDynamics, Spotify, Jawbone, DocuSign, Cloudera, Nutanix, MongoDB, AppNexus, Tintri
Founders Fund
Lyft, SpaceX, Spotify, Airbnb, Stripe, Flexport, Palantir Technologies, Wish, Compass, Zenefits
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Automation Anywhere, Zymergen, AUTO1 Group
GSV Capital
Spotify, Instacart, Pinterest, Bloom Energy, Dataminr, Course Hero, Hotchalk, General Assembly, Jamf
Harmony Partners
AppDynamics, Spotify, Swiggy, Illumio, 6sense, Iterable, mParticle, Alation, Zerto, InfluxData
Horizon Ventures
Spotify, Airbnb, Oscar Health, Sentient Technologies, Chelsio Communications, Voyager Labs, Meta, Waze
K2 Global
One97, Spotify, Magic Leap, Devoted Health, Twilio, Starship Technologies
Kleiner Perkins Caufield & Byers
Epic Games, Snap, AppDynamics, Spotify, Instacart, Magic Leap, Stripe, DoorDash, Bloom Energy, Slack
Lakestar
Spotify, Opendoor, Oscar Health, GetYourGuide, Blockchain.com, Symphony Communication Services, Cedar, Taulia, Aetion, Eigen Technologies
Lansdowne Partners
Senvest Capital
Technology Crossover Ventures
Spotify, AppNexus, Rent the Runway, Vice Media, Avalara, TechStyle Fashion Group, Liquidnet, Payoneer, OneSource Virtual, SeatGeek
TPG
Spotify, Zenefits, Toast, Box, Domo, Kaseya, Course Hero, MX Technologies, Tanium, Vice Media
Wellington Partners
SoFi, Spotify, UiPath, Pure Storage, The Honest Company, Mozido, Redfin, ForeScout Technologies, New Relic, Onfido
Funding History
| October 2008 | $21.8M |
|---|---|
| August 2009 | $50.0M |
| June 2011 | $98.8M |
| November 2012 | $100M |
| November 2013 | $243M |
| July 2015 | $524M |
| December 2017 | $1.1B |
| April 2018 | $1.7B |
Management
Founder & CEO
Daniel Ek
Founder & Chairman
Martin Lorentzon
Chief Marketing Officer
Seth Farbman
Press
Recode - Apr, 4 2017
Finsmes - Mar, 31 2017
Consumerist - Mar, 31 2017
Newstalk 106-108 fm - Apr, 4 2017
New York Post - Apr, 3 2017
The Denver Post - Mar, 31 2017
Billboard - Jun, 22 2017
Music Business Worldwide - Aug, 3 2017
Business Insider - Aug, 3 2017
Business Insider - Aug, 2 2017
Fortune - Jul, 31 2017
Forbes - Jun, 15 2017
Music Ally (blog) - Oct, 24 2017
CNBC - Oct, 12 2017
Fortune - Sep, 28 2017
- Aug, 22 2017
The Verge - Oct, 20 2017
CNBC - Jan, 5 2018
TechCrunch - Jan, 5 2018
TechCrunch - Jan, 3 2018
TechCrunch - Jan, 2 2018
TechCrunch - Feb, 28 2018
Variety - May, 2 2018
gulfnews.com - Nov, 6 2018
TechCrunch - Nov, 5 2018
TechRadar - Nov, 4 2018
Other Companies
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