Soundtrack Your Brand
Build your brand with music! Spotify Business is a best-in-class music solution with unique features to help you create an outstanding customer experience.
Launch date
Employees
Market cap
-
Enterprise valuation
AUD170m (Public information from Jun 2023)
Company register number 556922-0014
Stockholms kommun Stockholm County (HQ)
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.2m | 6.2m | 9.1m | 10.7m | 11.0m | 12.9m | 19.8m |
| % growth | 223 % | 92 % | 47 % | 17 % | 3 % | 18 % | - |
| EBITDA | (8.3m) | (8.7m) | (12.6m) | (5.0m) | (4.4m) | (6.0m) | - |
| % EBITDA margin | (256 %) | (139 %) | (138 %) | (47 %) | (40 %) | (46 %) | - |
| Profit | (8.3m) | (10.0m) | (14.2m) | (7.5m) | (8.9m) | (8.9m) | - |
| % profit margin | (257 %) | (161 %) | (156 %) | (71 %) | (81 %) | (69 %) | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
* | $10.9m | Series B | |
$3.3m | Convertible | ||
* | $22.0m | Late VC | |
| N/A | $6.1m Valuation: $110m 16.1x EV/LTM Revenues -11.6x EV/LTM EBITDA | Late VC | |
| N/A | $10.0m | Convertible | |
| N/A | N/A | Series D | |
* | $15.0m Valuation: $110m | Late VC | |
| Total Funding | AUD104m | ||
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