The music industry's private market features a global spread of companies, from creator platforms to streaming services. These startups come from the United States, China, Sweden, and Israel.
Patreon, a platform for creators, leads the group with a $4B valuation. Chinese companies Miaopai and Alibaba Music follow with valuations of $3B each.
Below is the full list of 7 Music unicorn startups at this time.
Top 7 Most Valuable Music Unicorns
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 $50Patreon built a membership platform that connects creators like musicians, podcasters, and writers directly with their communities. Their tools allow fans to support their favorite artists through monthly payments in exchange for exclusive access and content.
| Valuation | $4B (Joined September 2020) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2013 |
| Founders | Jack Conte, Sam Yam |
| Funding Amount | $413.3M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | SV Angel, New Enterprise Associates, Thrive Capital, Index Ventures, Wellington Management |
Miaopai developed a video platform for sharing short clips and live streaming. Their service became a popular destination in China for user-generated content, particularly short-form videos often set to music.
| Valuation | $3B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2011 |
| Founders | Chan Sheng, Kun Han |
| Funding Amount | $775M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series E |
| Top Investors | Morningside, 5Y Capital, HSG, Kleiner Perkins, Redpoint |
Alibaba Music serves as the digital entertainment and music streaming division for the Alibaba Group. They create and distribute a wide array of music content, aiming to connect artists with a broad audience across their platforms.
| Valuation | $3B |
| Headquarters | Hangzhou, Zhejiang, China |
| Year Founded | 2015 |
| Founders | — |
| Funding Amount | — |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | — |
Epidemic Sound operates a global music platform that supplies royalty-free tracks and sound effects to online creators. They are recognized for an extensive library that allows storytellers to easily find and license music for their content.
| Valuation | $1.4B (Joined March 2021) |
| Headquarters | Stockholm, Stockholms Lan, Sweden |
| Year Founded | 2009 |
| Founders | David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström |
| Funding Amount | $508.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Alecta, Blackstone Group, Creandum, EQT, AMF |
DistroKid offers a digital music distribution service that helps independent artists get their songs onto major streaming platforms. They are known for a simple, flat-fee model that lets creators upload unlimited music while keeping 100% of their earnings.
| Valuation | $1.3B (Joined August 2021) |
| Headquarters | New York, New York, United States |
| Year Founded | 2013 |
| Founders | BadBoe Shizee, Philip Kaplan |
| Funding Amount | — |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Insight Partners, Spotify, Silversmith Capital Partners |
Simply develops a suite of popular mobile apps designed to teach creative skills like playing the piano, guitar, singing, and drawing. They offer these award-winning learning tools through a global subscription service that makes pursuing new hobbies simple and fun.
| Valuation | $1B (Joined June 2021) |
| Headquarters | Tel Aviv, Tel Aviv, Israel |
| Year Founded | 2011 |
| Founders | Roey Izkovsky, Yigal Kaminka, Yuval Kaminka |
| Funding Amount | $92M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Founder Collective, Qumra Capital, Qualcomm, Insight Partners, Aleph |
Suno has developed an AI-powered platform that lets anyone create original music from simple text prompts. Their tool generates complete songs, including lyrics and vocals, turning ideas into polished audio tracks in moments.
| Valuation | $2.45B (Joined November 2025) |
| Headquarters | Cambridge, Massachusetts, United States |
| Year Founded | 2022 |
| Founders | Georg Kucsko, Keenan Freyberg, Martin Camacho, Mikey Shulman |
| Funding Amount | $375M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Menlo Ventures, Lightspeed Venture Partners, Founder Collective, Matrix, Daniel Gross, Scott Belsky |