Music Unicorns

4 Well-Known Unicorn Companies in the Music Industry

Startups are hard and becoming a unicorn startup is even harder, but here is a list of 4 music companies that have achieved the unicorn status.

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Think music is boring and everything’s been done before?

Think again.

If you’re in the music industry or are interested in starting a company in this space, this article dives into all of the hottest Music unicorn startups who are making their way to becoming worth more than US$1 billion.

4 Unicorn Companies in the Music Industry

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:

    2006

  • Founders:

    Daniel Marhely, Jonathan Benassaya

  • Industries:

    Apps, Music, Music Streaming, Web Development

  • Number of employees:

    500-1,000

  • Funding Amount:

    $531,773,724

  • 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:

    $508,861,893

  • Number of funding rounds:

    5

  • Number of investors:

    10

here

NetEase Cloud Music

NetEase Cloud Music

NetEase Cloud Music operates an online music platform and offers streaming services, which enable both users and businesses to stream audio tracks. It is the largest internet music platform in China and Asia.

Details of the startup:

  • Valuation:

    $5.30

    B (

    September 2019

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2013

  • Founders:

    William Lei Ding

  • Industries:

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

  • Number of employees:

    250-500

  • Funding Amount:

    $1,408,826,859

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

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:

    $413,300,000

  • Number of funding rounds:

    8

  • Number of investors:

    34

here
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