The music streaming sector is a global field with companies tackling different parts of the industry. It includes major players like SoundCloud, which has raised over $542.8M, and companies creating music for online creators, such as Epidemic Sound.
Below is our list of 9 Music Streaming startups worth keeping an eye on.
Failory's Top 9 Picks
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Epidemic Sound curates a global catalog of royalty-free music and sound effects for online creators and storytellers. Their platform gives users a straightforward way to find and use high-quality audio, removing the traditional complexities of music licensing.
| Headquarters | Stockholm, Stockholms Lan, Sweden |
| Year Founded | 2009 |
| Founders | David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström |
| Funding Amount | $508.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Creandum, EQT, Blackstone Group, AMF, Alecta |
Fender crafts some of the world's most recognizable electric guitars, basses, and amplifiers. Their instruments have been central to the development of countless music genres, from rock and roll to blues.
| Headquarters | Scottsdale, Arizona, United States |
| Year Founded | 1946 |
| Founders | Leo Fender |
| Funding Amount | $40M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Tiger Finance, JP Morgan, Evolution Media |
Napster offers a music streaming service that gives subscribers ad-free access to a library of over 110 million songs. The platform, which originally gained fame as a peer-to-peer file sharing network, now provides high-quality audio streaming and curated playlists.
| Headquarters | Los Angeles, California, United States |
| Year Founded | 1999 |
| Founders | John Fanning, Sean Parker, Shawn Fanning |
| Funding Amount | $45.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Alumni Ventures, G20 Ventures, Hummer Winblad Venture Partners, Outpost Ventures, Armentum Partners |
EVEN offers a platform for musicians to sell their work and experiences directly to fans, ahead of wide streaming releases. This model provides artists with greater control over their music and a direct line to their most dedicated supporters.
| Headquarters | Brooklyn, New York, United States |
| Year Founded | 2022 |
| Founders | Mag Rodriguez |
| Funding Amount | $4.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | gener8tor, VC414, CSA Partners LLC, gANGELS, Donte Murry |
SoundCloud operates a social audio platform where anyone can create and share sounds. The service is widely recognized as a launchpad for independent musicians and podcasters to connect with a global audience.
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2007 |
| Founders | Alexander Ljung, Eric Quidenus-Wahlforss |
| Funding Amount | $542.8M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Temasek Holdings, IVP, Union Square Ventures, Index Ventures, Kleiner Perkins |
Musixmatch created the world's largest catalog of song lyrics, becoming the go-to provider for major streaming services. Their AI-powered platform gives artists and publishers the tools to manage and sync lyrics across platforms like Spotify and Apple Music.
| Headquarters | Bologna, Emilia-Romagna, Italy |
| Year Founded | 2010 |
| Founders | Francesco Delfino, Gianluca delli Carri, Giuseppe Costantino, Max Ciociola, Valerio Paolini |
| Funding Amount | $13.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | TPG, United Ventures, P101, Micheli Associati, Paolo Barberis |
Virtuosica offers a do-it-yourself marketplace where artists can produce and sell tickets for their own virtual concerts. The platform is designed to connect musicians directly with their audiences for paid, live-streamed performances.
| Headquarters | Marina Del Rey, California, United States |
| Year Founded | 2021 |
| Founders | Danica Radisic, Teri Lee Hirano, Warren E. Peterson |
| Funding Amount | $300k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Pre-Seed |
| Top Investors | Warren E. Peterson |
Audiodo develops audio personalization technology that creates a unique sound profile for each listener. Their software is licensed to consumer electronics brands, allowing them to embed customized audio experiences directly into their headphones and devices.
| Headquarters | Malmö, Skane Lan, Sweden |
| Year Founded | 2015 |
| Founders | Jan Weber, John Philipsson, Roger Martinson |
| Funding Amount | $2.3M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Almi Invest, 3T Invest |
claimd. app operates a marketplace connecting brands with content creators for paid ad campaigns on TikTok and Instagram. The platform allows creators to get paid by turning their organic content into official advertisements.
| Headquarters | Freiburg, Baden-Wurttemberg, Germany |
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | $250k |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Newchip Accelerator |