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The key numbers behind Spotify’s highly anticipated direct listing [datagraphic]

The music streaming platform is finally debuting on the stock exchange. We’ve taken a look at Spotify’s funding and valuation history, as well as other essential information about the company.

Spotify has finally arrived on the New York Stock Exchange after a long-awaited direct listing.

If you need a refresher, that means it’s listing existing shares as opposed to creating new ones, and the company also isn’t raising any new capital. This sort of exit is unheard of for a tech unicorn and has historically only been used by small-cap companies, like biotechs and real estate investment trusts.

We’ll be keeping a close eye on the music streaming company’s market debut. For now, here’s a look at Spotify’s history, from its first round of venture capital funding to its exit a decade later.



  • kate-clark-1.jpg
    Written by Kate Clark
    Kate Clark was a staff writer at PitchBook.

    A Seattle native, Kate attended the University of Washington where she studied journalism and international studies. She previously wrote about the Indian startup ecosystem in Bengaluru and freelanced in the Seattle area. Follow her on Twitter @KateClarkTweets.
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