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DISTROKID
DistroKid
Digital music distribution · New York, New York · United States · Founded · 2012 · ≈ · 1,750 · employees

DistroKid Funding — Last Valued at $1.3B

Private

DistroKid has raised not fully disclosed across 2 funding rounds. The latest round valued DistroKid at $1.3B post-money, with Insight Partners on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
DistroKid funding · at a glance
Total raised, all rounds
no round sizes disclosed
Funding rounds
2
priced rounds
Latest round
$1.3B
post-money · Aug 2021
Lead on that event
Insight Partners
Silversmith Capital Partners also holds a stake.
2021
Funding timeline

The DistroKid funding timeline

2 funding rounds, the latest highlighted.

2012
DistroKid founded

DistroKid was founded in 2012, United States.

OCT 2018
Silversmith Capital Partners / Spotify stake

Spotify took a minority stake alongside a distribution agreement enabling cross-platform uploads; amount and valuation not disclosed.. Led by Silversmith Capital Partners, Spotify.

Valuation basisAmountPrice / shareLeadSilversmith Capital Partners, Spotify
AUG 2021LATEST
Insight Partners investment at $1.3B post-money

Silversmith Capital Partners also holds a stake.. Led by Insight Partners.

Valuation basispost-moneyAmountPrice / shareLeadInsight Partners
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

DistroKid funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Insight Partners investment LATEST
Aug 2021
—
$1.3Bpost-money
—
Insight Partners
Silversmith Capital Partners also holds a stake.
Silversmith Capital Partners / Spotify stake
Oct 2018
—
—
—
Silversmith Capital Partners, Spotify
Spotify took a minority stake alongside a distribution agreement enabling cross-platform uploads; amount and valuation not disclosed.
DistroKid · investors

Investors

Insight PartnersLEADSilversmith Capital PartnersLEADSpotifyLEAD

Frequently asked questions

How can I get exposure to DistroKid?›

The routes section explains what is realistically available for a company at this stage.

Is DistroKid publicly traded?›

No. DistroKid is a private company; its shares do not trade on a public exchange.

What is DistroKid's valuation?›

The last valuation is $1.3B.

Who has invested in DistroKid?›

Lead investors for each round are in the funding timeline.

Who are DistroKid's competitors?›

The closest digital music distribution peers are on the competitors page.

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