Spotify

● Active

Music & Audio · Stockholm, Sweden · Est. 2006

Music & AudioB2BSaaSDeveloper-first↗ Website

$97.8B

Valuation

$19.4B

Revenue

9k+

Employees

2006

Founded

Spotify is the world's leading audio streaming platform, connecting over 751 million monthly active users to a catalog of 100 million songs, 6 million podcast titles, and hundreds of thousands of audiobooks across 184 markets. Founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon to combat music piracy, Spotify pioneered the freemium streaming model and has paid over $11 billion in royalties to rights holders in 2025 alone.

Recent Press

5 items

PRESS RELEASE·2 days ago

Spotify Launches Next-Generation Music & Audio Infrastructure Platform

The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.

FUNDING·3 weeks ago

Spotify Secures $220M Series F at $6.8B Valuation

The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.

ACQUISITION·5 weeks ago

Spotify Acquires Developer Tooling Startup Stackform for $85M

The 18-person Stackform team joins Spotify Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.

PRESS RELEASE·2 months ago

Spotify Expands Strategic Partnership with Google Cloud

The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.

EARNINGS·3 months ago

Spotify Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates

Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.

Company History

9 milestones

Spotify is established with a founding team of 6. The company sets out to reimagine music & audio infrastructure from the ground up, with its first office in Stockholm, Sweden.

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