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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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10k employees
Swedish-founded Spotify is a leading global audio streaming service with over 590M active users.
HQ
Founded
2006
Spotify, founded on April 23, 2006, by Daniel Ek and Martin Lorentzon, is a Swedish audio streaming and media services provider. The company’s core mission is to unlock the potential of human creativity by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it. Spotify offers a vast library of music and podcasts, catering to a global audience with over 590 million monthly active users, including 226 million paying subscribers as of September 2023. It operates in the audio streaming and podcasting industry, with headquarters in Stockholm, Sweden, and 15 offices worldwide.
Notable figures affiliated with Spotify include co-founders Daniel Ek, who serves as Chairman and CEO, and Martin Lorentzon, who is the treasurer. The company is publicly traded on the New York Stock Exchange under the ticker SPOT. Spotify has achieved significant milestones, such as becoming one of the largest music streaming platforms globally and generating €13.25 billion in revenue in 2023. Despite facing operating and net income losses, Spotify's impact on the music and podcasting industry is profound, revolutionizing how content is consumed and monetized worldwide.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Podcasts, Music Streaming
Technology
AI
Tags
SaaS, Music, Streaming
Model Types
Platform, Software
Revenue Type(s)
Advertising, Recurring
Customer Type(s)
Consumers
Geographic Exposure
Global
When was Spotify founded?
Spotify was founded in 2006.
Where is Spotify's headquarters located?
Spotify's headquarters is located in Houston, US.
How many employees does Spotify have?
Spotify has 10000 employees as of Feb 10, 2024.
How much has Spotify raised to-date?
As of July 05, 2023, Spotify has raised a total of $2.1B (USD) since Feb 10, 2023.
Add Comparison
Total Raised to Date
$2.1B
USD
Last Update Feb 10, 2023
Current Employees
10k
Last updated: Feb 10, 2024
No location information available for this company.
Locations
TechCrunch
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Real-time database startup ClickHouse acquires PeerDB to expand its Postgres support
ClickHouse has made a name for itself as a real-time data warehouse for large enterprises. Its customer list includes Deutsche Bank, eBay,...
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TechCrunch
Stripe’s easy-peasy acquisition and why is Twitch still losing money?
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. Today’s episode is packed with M&A...
Jul 29, 2024
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TechCrunch
Alphabet is clearly looking to buy, so who’s selling, and why did Wiz say no?
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with some...
Jul 26, 2024
Is this the right Spotify?
Help us improve our AI - Is this article for the right company?
TechCrunch
Cracking the AI and consumer code with early Zoom-backer Maven Ventures
Maven Ventures General Partner Sara Deshpande has been investing in the consumer tech space for a decade. Over time, the seed-stage venture...
Jul 24, 2024
Is this the right Spotify?
Help us improve our AI - Is this article for the right company?
TechCrunch
Posh raises $22M to become TikTok for small events
Platforms like TikTok and Spotify have experimented with events on their platforms. But rather than concentrating on concerts and large...
Jul 23, 2024
Is this the right Spotify?
Help us improve our AI - Is this article for the right company?
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts