# Spotify: portfolio, investments and team

> Spotify is a corporate vc based in Sweden. 3 investments on record, latest Apr 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/spotify (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Investor](https://millionrounds.com/investors)

# Spotify

Last cheque observed Apr 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Corporate VC Now at open.spotify.com

Series A Series B Venture EdTech Enterprise Audio

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **2744** days **00** hrs **00** min **00** sec

Median round **$7.3M** Rounds led **1 of 3**

Pitch Spotify

## Spotify highlights

- 01 3 rounds on record
- 02 Mostly Series A and Series B: 67% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** EdTech Enterprise Audio
- **Based in:** Stockholm, Sweden
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2019** 1 round
- **Apr** **[Artory](https://millionrounds.com/company/artory)** Series A · US · Artnews **$7.3M** *Led*
- **2015** 1 round
- **Jun** **[Soundtrack Your Brand](https://millionrounds.com/company/soundtrack-your-brand)** Series B · SE **$11M** With 5 others
- **2014** 1 round
- **Dec** **[Space Ape](https://millionrounds.com/company/space-ape)** Venture · US **$7.1M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **16** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Companies it bought

Acquisitions by the firm itself

**Seed Scientific** **Undisclosed** Jun 2015

**[The Echo Nest](https://millionrounds.com/company/the-echo-nest)** **Undisclosed** Mar 2014

**Tunigo** **Undisclosed** May 2013

## The cheque

Series A Series B Venture

Median round joined **$7.3M** the round, not its cheque

Led 1 of 3 rounds **33%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2019

Rounds by stage said on their site

- Series A *1*
- Series B *1*
- Venture *1*

Cheques by year Led Joined

2014 2019

Often in the room with

- [Northzone](https://millionrounds.com/fund/northzone) 2

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## Who they invest alongside

The investors most often in the same rounds as Spotify. A count of rooms they were both in, not a relationship either has claimed.

[**Northzone** VC firm **2** rounds together](https://millionrounds.com/fund/northzone)

## Recently backed

The latest companies Spotify put money into.

[**Artory** $7.3M · Apr 2019](https://millionrounds.com/company/artory)

## Quick answers about Spotify

### What does Spotify invest in?

Spotify invests most often at Series A and Series B (67% of the rounds on record), in sectors such as EdTech, Enterprise and Audio.

### How active is Spotify?

3 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Apr 2019.

### What has Spotify invested in recently?

Its most recent investments on record: Artory (Series A, Apr 2019).

### How big are Spotify's cheques?

The median round it joins is $7.3M.

### Is Spotify investing now?

No investments in the last 12 months; the latest was in Apr 2019.

### Who does Spotify invest alongside?

Most often Northzone (2 rounds together).

### What kind of investor is Spotify?

Spotify is a corporate VC based in Stockholm, Sweden.

### When was Spotify founded?

Spotify was founded in 2006.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=spotify) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=spotify)
