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Spotify

Founders Daniel Ek Dilshan Randeer Ilangasinghe Martin Lorentzon

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 6
Average round size
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The average size of a deal this fund participated in
$182M
Portfolio companies 4
Rounds per year 0.33
Lead investments 1
Exits 1
Key employees 2

Areas of investment

  • Music
  • Internet
  • Music Streaming
  • Logistics
  • Marketing
Summary

Spotify appeared to be the Corporate Investor, which was created in 2006. The main department of described Corporate Investor is located in the Stockholm. The fund was located in Europe if to be more exact in Sweden.

Among the most successful fund investment fields, there are Music Streaming, Blockchain. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no specific favorite in a number of founders of portfolio startups. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Tencent Music, Artory, Soundtrack Your Brand

The usual things for fund are deals in the range of more than 100 millions dollars. The average startup value when the investment from Spotify is more than 1 billion dollars. Opposing the other organizations, this Spotify works on 4 percentage points more the average amount of lead investments. The fund is constantly included in less than 2 investment rounds annually. The important activity for fund was in 2019. Speaking about the real fund results, this Corporate Investor is 47 percentage points more often commits exit comparing to other organizations. The higher amount of exits for fund were in 2018.

The usual cause for the fund is to invest in rounds with 3 partakers. Despite the Spotify, startups are often financed by Wellington Partners, Stefan Blom, Silversmith Capital Partners. The meaningful sponsors for the fund in investment in the same round are Wellington Partners, Telia Company AB, Northzone. In the next rounds fund is usually obtained by Telia Company AB, Northzone, Jorg Mohaupt.

The fund was created by Daniel Ek, Martin Lorentzon. We also calculated 1 valuable employee in our database.

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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Spotify:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Soundtrack Your Brand

Marketing
Music
Music Streaming
$10M23 Jun 2015 Stockholm, Stockholm County, Sweden

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Total investments 6
Average round size 182M
Rounds per year 0.33
Peak activity year 2018
Lead investments 1
Exits 1
Group Appearance index 0.67

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Soundtrack Your Brand

Marketing
Music
Music Streaming
$10M23 Jun 2015 Stockholm, Stockholm County, Sweden
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