All your music is here. Spotify gives you millions of songs at your fingertips. The artists you love, the latest hits, and new discoveries just for you. Hit play to stream anything you like. Listen free. On mobile, you can listen to artists, albums and playlists in shuffle mode. Or choose a ready-made playlist to suit your mood. On tablet and computer, you can play any song, any time.

Type
Private
HQ
Stockholm, SE
Founded
2006
Employees
3,032 (est)
Spotify was founded in 2006 and is headquartered in Stockholm, SE

Key People at Spotify

Daniel Ek

Daniel Ek

Co-founder
Martin Lorentzon

Martin Lorentzon

Co-founder
Mike Janson

Mike Janson

Angela Watts

Angela Watts

VP, Marketing & Communications
James Duffett-Smith

James Duffett-Smith

Head of Business Affairs
Andy Wiggan

Andy Wiggan

Project Manager- Payment Solutions
Michael Abbattista

Michael Abbattista

Global Head of Telecom/ISP Partnerships
Axel Bringéus

Axel Bringéus

Head of New Markets
Dan Brody

Dan Brody

Head of Asia
Sam Ee

Sam Ee

Lead Product Designer
Marie Suh

Marie Suh

Director of Strategic Partnerships
Kenneth Parks

Kenneth Parks

Chief Content Officer & Managing Director, North America
Alex Norstrom

Alex Norstrom

VP Growth

Spotify Locations

Stockholm, SE
Oslo, NO
Madrid, ES
New York, US
Hamburg, DE
London, GB
Surry Hills, AU
Antwerp, BE
Berlin, DE
Copenhagen, DK
Helsinki, FI
Milan, IT
Amsterdam, NL
Warszawa, PL
Istanbul, TR
Singapore, SG
Hong Kong, HK
Boston, US
Cambridge, GB
Chicago, US

Spotify Metrics

Spotify Summary

Founding Date

2006

Market valuation*

$8.5 B

Total Funding

$1.56 B

Latest funding size

$500 M

Time since last funding

12 months

Investors

* Source: http://graphics.wsj.com/tech-startup-...
We estimate that Spotify's latest funding round in January 2016 was $500 M. In total, Spotify has raised $1.56 B. We estimate that Spotify's latest valuation is $8.5 B.

Spotify Financials

We estimate that Spotify's revenue is €1.95 B in Dec, 2015 which is 80.27% increase from the previous period.
Jan, 2015Dec, 2015

Revenue

€1.08 B€1.95 B

Cost of goods sold

€876 K

Gross profit

€206 K

Gross profit Margin, %

0.0%

Sales and marketing expense

€173 K

R&D expense

€121 K

General and administrative expense

€76.7 K

Operating expense total

€165 K
  • Source: Company Filings, BBC

Spotify Operating Metrics

Jun, 2016Sep, 2016

Active users

100 M

Paying subscribers

40 M

Spotify Online Presence

Spotify News

Spotify Company Life

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