About
Spotify is a Swedish audio streaming and media services provider founded in 2006. It offers digital music, podcast, and audiobook streaming, giving users access to millions of songs and other audio content from creators all over the world. Spotify operates on a freemium model, offering basic features for free with advertisements, and advanced features through a subscription-based premium service. The company has expanded its offerings to include video podcasts, AI-powered features like AI DJ and AI-generated playlists, and even physical bookstores. Spotify is also involved in concert ticket booking and providing context about songs.
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NYSE:SPOT
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Frequently Asked Questions
What does Spotify do?
Spotify is a Swedish audio streaming and media services provider founded in 2006. It offers digital music, podcast, and audiobook streaming, giving users access to millions of songs and other audio content from creators all over the world. Spotify operates on a freemium model, offering basic features for free with advertisements, and advanced features through a subscription-based premium service. The company has expanded its offerings to include video podcasts, AI-powered features like AI DJ and…
How much funding has Spotify raised?
Spotify has raised a total of $217M in funding. The most recent round on record is Series E.
Where is Spotify headquartered?
Spotify is headquartered in Stockholm, Sweden.
When was Spotify founded?
Spotify was founded in 2006.
What industry does Spotify operate in?
Spotify operates in Media & Entertainment, Music Streaming, Podcasts, Audiobooks, AI.