When was Beats Music founded?

Beats Music was founded in 2013 and raised its 1st funding round within a year of its incorporation.

Where is Beats Music located?

Beats Music is headquartered in San Francisco, United States.

How many employees does Beats Music have?

As of Mar 31, 2026, the latest employee count at Beats Music is 110.

Is Beats Music a funded company?

Beats Music is a funded company, having raised a total of $120M across 2 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Mar 05, 2013.

When was the latest funding round of Beats Music?

Beats Music's latest funding was a $***** Series C round on Mar 11, 2014, with participation from 1 investor. Its primary sector is Music Tech. In United States, the Music Tech sector has seen $477M in funding in 2026 to date.

Where does Beats Music rank among its competitors?

Beats Music ranks 16th amongst 646 active competitors, of which 31 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Spotify, which secured an undisclosed amount in Feb, 2023.

Who are the top competitors of Beats Music?

Beats Music's top competitors include Spotify, Deezer and SoundCloud. Among them, Spotify secured the most recent funding round in February, 2023.

Beats Music - 2026 Company Profile, Team, Funding & Competitors

Q: Is Beats Music an acquired company?

Beats Music got acquired by Apple on May 28, 2014.

Beats Music is an acquired company based in San Francisco (United States), founded in 2013 by Jimmy Iovine and Dre. It operates as an On-demand music streaming platform. Beats Music has raised $120M in funding. The company has 646 active competitors, including 31 funded and 26 that have exited. Its top competitors include companies like Spotify, Deezer and SoundCloud.

Company Details

Beats Music is an online music streaming platform that provides curated playlists created by musicians and music writers. It offers algorithm-based personalization with expert music suggestions from various platforms. Users can search, stream, and download music. The mobile app is available for Android, iOS, and Windows Phone. Generates revenue through monthly and annual subscriptions.

Website: beatsmusic.com
Social

Key Metrics

Founded Year

2013

Location

San Francisco, United States

Stage

Acquired

Total Funding

$120M in 2 rounds

Latest Funding Round

Series C, Mar 11, 2014, $*****

Investors

Access Industries & 1 more

Ranked

16^th among 646 active competitors

Employee Count

110 as on Mar 31, 2026

Investment & Acquisitions

Topspin Media

Similar Companies

Spotify & 939 more

Exit Details

Acquired by Apple (May 28, 2014)

View Beats Music's full profile

Beats Music is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Beats Music, LLC. CIN: 80-0789842 , United States, Active		-	-	-

Beats Music got acquired by Apple on May 28, 2014 at an acquisition amount of $*****.

Click here to take a look at Beats Music's acquisition in detail

Beats Music has raised a total funding of $120M over 2 rounds. Its first funding round was on Mar 05, 2013. Its latest funding round was a Series C round on Mar 11, 2014 for $*****. 1 investor participated in its latest round. Beats Music has 2 institutional investors.

Here is the list of recent funding rounds of Beats Music:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 11, 2014	1419056	Series C	5598819	6715474	3680907	3434989
Mar 05, 2013	4620075	Series C	3706170	6550071	6639908	Access Industries

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View details of Beats Music's funding rounds and investors

The founders of Beats Music are Jimmy Iovine and Dre.

Here are the details of Beats Music's key team members:

Jimmy Iovine: Founder of Beats Music. They are also an angel investor in 5 startups.
Dre: Founder of Beats Music.
Ian Rogers: CEO of Beats Music.

View details of Beats Music's Founder profiles and Board Members

Beats Music's employee count trend

Beats Music has 110 employees as of Mar 26. Here is Beats Music's employee count trend over the years:

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Top competitors of Beats Music include Spotify, Deezer and SoundCloud. Here is the list of Top 10 competitors of Beats Music, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spotify 2006, Stockholm (Sweden), Public	Provider of a platform for streaming digital music and podcasts	$2.06B	TCV, Baillie Gifford & 125 others	87/100
2nd	Deezer 2007, Paris (France), Public	Online platform for on-demand music and radio streaming	$445M	Access Industries, Kingdom Holding Company ... & 11 others	82/100
3rd	SoundCloud 2007, Germany, Series F	Provider of online platform for streaming and listening to music	$438M	Twitter, Index Ventures & 20 others	71/100
4th	Stingray 2007, Montreal (Canada), Public	Provider of curated audio and video content for businesses and consumers	-	-	70/100
5th	Tidal 2014, New York City (United States), Acquired	Subscription-based online music streaming platform	$200M	Sprint	70/100
6th	Napster 1999, Los Angeles (United States), Acquired	B2B platform offering customizable, branded music streaming and download services	-	F-Prime Capital, Alumni Ventures & 13 others	67/100
7th	Qobuz 2007, Paris (France), Series B	Subscription-based on-demand music streaming platform	$31.9M	Quebecor, Innovacom & 1 others	67/100
8th	TREBEL 2014, Los Angeles (United States), Series B	Music download and streaming app	$30M	PT MNC Investama, Reform Ventures & 3 others	65/100
9th	Myspace 2003, Los Angeles (United States), Acquired	On-demand music streaming and content sharing platform	$42.8M	Pinnacle Ventures, Disruption Venture Partners ... & 3 others	64/100
10th	Audiomack 2011, New York City (United States), Series A	Music platform empowering artists with free uploads and global fan engagement	$6.43M	-	63/100
16th	Beats Music 2013, San Francisco (United States), Acquired	On-demand music streaming platform	$120M	Access Industries, Coastal Grove Partners	49/100