The Music industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.
Many of these successes have turned into unicorns — private companies worth over $1 billion.
If you want to build the next unicorn in the Music space, these 4 companies should be your inspiration.
4 Music Unicorns Companies
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2,189 Accelerators & Incubators
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1,016 Unicorns
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1,190 Unicorns
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250 FinTech Investors
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Patreon is a membership platform that makes it easy for artists and creators to get paid.
Details of the startup:
- Valuation: $4.00B (September 2020)
- Country: United States
- State: California
- City: San Francisco
- Started in: 2013
- Founders: Jack Conte, Sam Yam
- Number of employees: 500-1,000
- Funding: $417.30M
- Funding rounds: 10
- Number of investors: 36
You can find their website here.
2) 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: $1.40B (March 2021)
- Country: Sweden
- City: Stockholm
- Started in: 2009
- Founders: David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström
- Number of employees: 250-500
- Funding: $476.14M
- Funding rounds: 5
- Number of investors: 10
You can find their website here.
3) 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: $1.30B (August 2021)
- Country: United States
- State: New York
- City: New York
- Started in: 2013
- Founders: Philip Kaplan
- Number of employees: 10-50
- Funding: $238.12M
- Funding rounds: 3
- Number of investors: 3
You can find their website here.
4) 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: $1.00B (June 2021)
- Country: Israel
- City: Tel Aviv
- Started in: 2011
- Founders: Roey Izkovsky, Yigal Kaminka, Yuval Kaminka
- Number of employees: 100-250
- Funding: $91.50M
- Funding rounds: 6
- Number of investors: 16
You can find their website here.