Spotify

Spotify

Digital music streaming service with podcasts

About Spotify

Simplify's Rating
Why Spotify is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Entertainment

Company Size

10,001+

Company Stage

IPO

Headquarters

Stockholms kommun, Sweden

Founded

2006

Overview

Company Historically Provides H1B Sponsorship

Spotify provides a digital music streaming service that allows users to access millions of songs and podcasts online. Users can choose between a free plan, which includes ads, and a premium subscription that offers an ad-free experience along with features like offline listening and higher sound quality. This tiered model caters to different user preferences and budgets. Spotify generates revenue through subscription fees from premium users and advertising from the free tier. What sets Spotify apart from its competitors, such as Apple Music and Amazon Music, is its extensive music library, user-friendly interface, and personalized playlists. The company's goal is to connect listeners with a wide variety of audio content while supporting artists and advertisers.

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Skiddle enhances user engagement and drives ticket sales.
  • Ad Exchange platform increases advertising revenue through targeted ad placements.
  • Investment in non-English audiobooks expands user base and diversifies content.

What critics are saying

  • Delay in HiFi audio service launch allows competitors to gain an edge.
  • Live event disruptions could affect Skiddle partnership benefits.
  • Non-English audiobook market may not grow as anticipated, leading to sunk costs.

What makes Spotify unique

  • Spotify offers a vast library of music and podcasts globally.
  • The platform provides personalized playlists enhancing user experience.
  • Spotify's freemium model caters to diverse user preferences and budgets.

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Funding

Total Funding

$13560.4M

Above

Industry Average

Funded Over

11 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Extensive learning opportunities, through our dedicated team, GreenHouse

Global parental leave, six months off - fully paid - for all new parents

Flexible public holidays, swap days off according to your values and beliefs

Flexible share incentives letting you choose how you share in our success

All The Feels, our employee assistance program and self-care hub

Spotify On Tour, join your colleagues on trips to industry festivals and events

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Hype Magazine
Apr 15th, 2025
Brazy Shines as Spotify's EQUAL Africa Artist for April

Spotify has named Nigerian artist Brazy as the EQUAL Africa Artist for April, highlighting her as one of the bold new voices shaping the future of African music.

Digital Music News
Apr 14th, 2025
Apple Music Quietly Adds Dolby Atmos Support for Windows

Spotify officially announced its HiFi audio service at its Stream On event in February 2021 - but Apple's support of Dolby Atmos for free took the wind out of those sails.

Marketing Interactive
Apr 14th, 2025
Spotify celebrates heart and soul of music fandoms through film

Spotify has launched a global campaign titled "Fan Life" to celebrate the passion and cultural value of music fandoms.

Vegconomist
Apr 11th, 2025
Investment Climate Podcast: Jason Rosenbaum Of Actual Veggies, How To Get Funded In 2025

In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding Alt Proteins in 2025 and uncovers the investment playbooks of successful Climate Tech CEOs and Leading VCs.Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. This podcast is syndicated through our media partners; Foodtech Weekly and Vegconomist.Episode 25: Actual VeggiesIn this episode, I interviewed Jason Rosenbaum, co-founder and co-CEO of Actual Veggies, who recently closed a $7M Series A. Jason breaks down why his company took a bold contrarian path in the crowded plant-based market—eschewing meat analogs and ultra-processed ingredients in favor of clean-label, whole-food veggie burgers that actually taste like vegetables. We dive deep into what today’s investors really care about (spoiler: it’s not always the tech), how Actual Veggies is winning with data-backed growth and strong margins, and how transparency and strategic relationships—not hype—powered their raise.Key Facts Actual Veggies:. Goal: To create delicious, chef-crafted, veggie burgers that celebrate vegetables instead of trying to mask them.Recently closed a $7M Series A.Display “Spotify Embed: Actual Veggies: Jason Rosenbaum” from SpotifyClick here to display content from Spotify.Learn more in Spotify’s privacy policy.Always display content from SpotifyAlex’s Top Findings:

The Bookseller
Apr 11th, 2025
Spotify invests €1m in production of audiobooks in non-English languages

The investment is intended to "continue to build opportunities for authors and publishers, especially in countries where the audiobook market isn't yet mature", said Spotify, which launched Audiobooks in France and Benelux in October 2024.

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See All Jobs

Spotify is Hiring for 60 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Spotify's jobs every few hours, so check again soon! Browse all jobs →

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