Luxembourg · Funded startup

Who invested in Spotify

11 rounds we have observed, with the 32 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Funding summaryUpdated 26 Oct 2026

$1.1Braised across 11 rounds since 2008, from 11 sources

$22MSeries A$50MSeries B$16MSeries C$100MSeries D$100MSeries E$250MSeries F$526MSeries G
Latest round
SecondaryAug 2015
Biggest round
$526MSeries G · Jun 2015
Investors
32
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2009201020112012201320142015
$22MSeries A$50MSeries B$16MSeries C$100MSeries D?Secondary$100MSeries E$250MSeries F?Secondary?Secondary$526MSeries G?Secondary
First round
Series A, $22M
Oct 2008
Biggest round
$526M
Series G · Jun 2015
Usual gap between rounds
10 months
the median of 10
SpotifyPitch deck1 / 70Their pitch deckSpotify's pitch deck, 70 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Aug 2015
    SecondaryAmount undisclosed1 new

    From a historical funding record

  2. Jun 2015
  3. Nov 2014
    SecondaryAmount undisclosed1 new1 returning

    From a historical funding record

  4. Jan 2014
    SecondaryAmount undisclosed2 new

    From a historical funding record

  5. Nov 2013
    Series F$250M1 new

    Reported by techcrunch.com

  6. Nov 2012
  7. Jan 2012
    SecondaryAmount undisclosed1 new

    From a historical funding record

  8. Jun 2011
  9. Feb 2010
    Series C$16M2 new

    Reported by techcrunch.com

  10. Aug 2009
  11. Oct 2008
    Series A$22M4 new

    From a historical funding record

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series D2011Secondary2012Series E2012Series F2013Secondary2014Secondary2014Series G2015Secondary2015Goldman SachsNorthzoneTCVHorizons VenturesBlisce/Li Ka-shingAccelFounders FundKleiner Perkins Caufield & ByersCreandum

Everyone who backed them

Goldman SachsPrivate equity2rounds
NorthzoneVC firm2rounds
TCVPrivate equity2rounds
Horizons VenturesVC firm2rounds
Blisce/VC firm2rounds
Li Ka-shingAngel2rounds
AccelVC firm1round
Founders FundVC firm1round
CreandumVC firm1round
Wellington PartnersVC firm1round
LakestarVC firm1round
DST GlobalPrivate equity1round
Fidelity VenturesVC firm1round
Baillie GiffordAsset manager1round
GSV CapitalInvestment firm1round
AFSquareVC firm1round
D.E. Shaw & Co.Growth equity1round
137 VenturesVC firm1round
Groupe ArnaultFamily office1round
Discovery CapitalInvestment firm1round
Sean ParkerAngel1round
Lansdowne PartnersVC firm1round
TeliasoneraInvestment firm1round
The Coca-Cola CompanyCorporate VC1round
Rinkelberg CapitalFamily office1round
Alexandre MarsAngel1round
Asset Management PartnersFamily office1round
Senvest CapitalInvestment firm1round
Coca-Cola Companyno record of our own yet1round
Halcyon Asset Managementno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Spotify

Who invested in Spotify?

Spotify's investors include Goldman Sachs, Northzone, TCV, Horizons Ventures and Blisce/, and 27 more on record.

How much has Spotify raised?

Spotify has raised $1.1B across 11 rounds since 2008. 4 rounds did not disclose an amount, so the total is a floor.

When did Spotify last raise?

Spotify's most recent round was a Secondary in Aug 2015.

What was Spotify's biggest round?

Spotify's largest round on record is $526M (Series G), in Jun 2015.

Who backed Spotify first?

Spotify's first round on record, in Oct 2008, was backed by Northzone, Creandum and Horizons Ventures and 1 others.

What stage is Spotify at?

Spotify's latest named round is a Secondary, in Aug 2015.

Where is Spotify based?

Spotify is based in Luxembourg.

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