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DistroKid - About the company

DistroKid is a series C company based in New York City (United States), founded in 2013 by Philip J Kaplan. It operates as an Online independent music distribution platform. DistroKid has raised $22.5M in funding from investors like Spotify, Insight Partners and Silversmith, with a current valuation of $1.3B. The company has 315 active competitors, including 17 funded and 10 that have exited. Its top competitors include companies like UnitedMasters, Gumroad and ReverbNation.

Sectors and market segments that DistroKid operate in

DistroKid serves in the Media & Entertainment market segments.The primary business model of DistroKid is:

Company Details

DistroKid is an online independent music distribution platform service for musicians. It provides music distribution for artists in multiple online music stores such as Spotify, iTunes, Amazon, Google Play, etc. Allows artists to upload the music and earn through the music selling. Generates revenue through subscriptions. It provides solutions for solo musicians, bands, DJs, and producers.
Social
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Email ID
*****@distrokid.com
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Series C
Total Funding
$22.5M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.3B as on Aug 18, 2021
Investors
Ranked
Employee Count
1,939 as on May 31, 2026
Investment & Acquisitions
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DistroKid's funding and investors

DistroKid has raised a total funding of $22.5M over 5 rounds. Its first funding round was on Oct 09, 2018. DistroKid has 4 institutional investors.

Here is the list of recent funding rounds of DistroKid:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 08, 2023
$16.1M
Series C
-
-
-
-
Jun 10, 2022
$6.42M
Series C
-
-
-
-
Aug 16, 2021
Undisclosed
Series B
$1.3B
-
-
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DistroKid's founders and board of directors

Founder? Claim Profile
The founders of DistroKid is Philip J Kaplan.
Here are the details of DistroKid's key team members:

DistroKid's employee count trend

DistroKid has 1,939 employees as of May 26. Here is DistroKid's employee count trend over the years:
Employee count trend for DistroKid
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DistroKid's Competitors and alternates

Top competitors of DistroKid include UnitedMasters, Gumroad and ReverbNation. Here is the list of Top 10 competitors of DistroKid, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for UnitedMasters
UnitedMasters
2017, Brooklyn (United States), Series C
Empowers independent musicians with distribution, promotion, and brand partnership opportunities
$170M
72/100
2nd
Logo for Gumroad
Gumroad
2011, San Francisco (United States), Series A
Marketplace for artists for selling digital content
$16.2M
69/100
3rd
Logo for DistroKid
DistroKid
2013, New York City (United States), Series C
Online independent music distribution platform
$22.5M
61/100
4th
Logo for ReverbNation
ReverbNation
2006, Morrisville (United States), Acquired
Empowers artists with tools for music distribution, promotion, and industry access
$8.6M
58/100
5th
Logo for Symphonic
Symphonic
2006, Tampa (United States), Series B
Provider of digital music distribution, monetization, rights management, marketing, and playlisting services
$41M
55/100
6th
Logo for Stem Disintermedia
Stem Disintermedia
2015, Los Angeles (United States), Acquired
Digital rights management platform
$42.5M
53/100
7th
Logo for FUGA
FUGA
2006, Amsterdam (Netherlands), Acquired
Music distribution service
$7M
50/100
8th
Logo for AudioSalad
AudioSalad
2010, Brooklyn (United States), Acquired
Media asset management, delivery, and distribution platform for music and entertainment industry
-
-
50/100
9th
Logo for CD Baby
CD Baby
1997, Portland (United States), Acquired
Online music distribution platform
-
-
49/100
10th
Logo for Too Lost
Too Lost
2020, New York City (United States), Late Stage
Online platform for music distribution to various digital stores and platforms
-
45/100
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DistroKid's Investments and acquisitions

DistroKid has acquired Bandzoogle. DistroKid has not made any investments as of now.

Reports related to DistroKid

Here is the latest report on DistroKid's sector:

News related to DistroKid

lockFilter this list
Media has covered DistroKid for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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