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The Complete List of 5 Music Unicorns

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Once a company crosses the $1 Billion mark, it becomes part of a rare and exclusive club: The Unicorn Club.

This next list contains 5 companies in the Music industry that have achieved a valuation of more than $1 billion dollars; or in other words, have reached a so-called “Unicorn” status.

5 Music Unicorns Companies

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1,016 Unicorns

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1,016 Unicorns

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Patreon

Patreon

Patreon is a membership platform that makes it easy for artists and creators to get paid.

Details of the startup:

  • Valuation:

    $4.00

    B (

    September 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2013

  • Founders:

    Jack Conte, Sam Yam

  • Industries:

    Media and Entertainment, Music, Podcast, Sponsorship, Video

  • Number of employees:

    500-1,000

  • Funding Amount:

    $417.30M

  • Number of funding rounds:

    10

  • Number of investors:

    36

here

Deezer

Deezer

Deezer is a music streaming platform that combines personalisation, global reach, and extensive catalogue.

Details of the startup:

  • Valuation:

    $1.40

    B (

    August 2018

    )

  • Country:

    France

  • City:

    Paris

  • Started in:

    2007

  • Founders:

    Daniel Marhely, Jonathan Benassaya

  • Industries:

    Apps, Music, Music Streaming, Web Development

  • Number of employees:

    500-1,000

  • Funding Amount:

    $481.80M

  • Number of funding rounds:

    6

  • Number of investors:

    8

here

Epidemic Sound

Epidemic Sound

EPIDEMIC SOUNDS is a music company that helps online creators and people with passion in music to make their own soundtrack absolutely free.

Details of the startup:

  • Valuation:

    $1.40

    B (

    March 2021

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2009

  • Founders:

    David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström

  • Industries:

    Digital Entertainment, Digital Media, Media and Entertainment, Music, Music Streaming, Video

  • Number of employees:

    250-500

  • Funding Amount:

    $476.14M

  • Number of funding rounds:

    5

  • Number of investors:

    10

here

DistroKid

DistroKid

DistroKid is a service for musicians that puts their music into online stores so that people can buy it.

Details of the startup:

  • Valuation:

    $1.30

    B (

    August 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2013

  • Founders:

    Philip Kaplan

  • Industries:

    Content Creators, Independent Music, Internet, Music, Music Streaming

  • Number of employees:

    10-50

  • Funding Amount:

    $238.12M

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

JoyTunes

JoyTunes

JoyTunes is a musical instrument teaching app that develops music learning software for anyone to learn to play a musical instrument.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2021

    )

  • Country:

    Israel

  • City:

    Tel Aviv

  • Started in:

    2011

  • Founders:

    Roey Izkovsky, Yigal Kaminka, Yuval Kaminka

  • Industries:

    EdTech, Mobile Apps, Music, Musical Instruments, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $91.50M

  • Number of funding rounds:

    6

  • Number of investors:

    16

here

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