DistroKid - About the company
DistroKid is an acquired 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 last known valuation of $1.4B. The company has 484 active competitors, including 19 funded and 17 that have exited. Its top competitors include companies like UnitedMasters, Amuse 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.
- Website
- distrokid.com
- Social
- Email ID
- *****@distrokid.com
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Acquired
Total Funding
$22.5M in 5 rounds
Latest Funding Round
Last Known Valuation
$1.4B as on Dec 19, 2024
Ranked
3rd among 484 active competitors
Employee Count
2,043 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by CVC (Jul 06, 2026)
DistroKid's acquisition details
DistroKid got acquired by CVC on Jul 06, 2026.
Click here to take a look at DistroKid's acquisition in detail
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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:
Filter this list
Filter this listDate 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 ProfileThe founders of DistroKid is Philip J Kaplan. Vicente Hernandez is the CEO of DistroKid.
Here are the details of DistroKid's key team members:
- Philip J Kaplan: Former Founder & CEO of DistroKid and founder of 5 other companies, including Fandalism, Faqme and fuckedcompany.com. They are also an angel investor in 1 startup.
View details of DistroKid's Founder profiles and Board Members
DistroKid's employee count trend
DistroKid has 2,043 employees as of Aug 26. Here is DistroKid's employee count trend over the years:
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DistroKid's Competitors and alternates
Top competitors of DistroKid include UnitedMasters, Amuse and ReverbNation. Here is the list of Top 10 competitors of DistroKid, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  UnitedMasters 2017, Brooklyn (United States), Series C | Empowers independent musicians with distribution, promotion, and brand partnership opportunities | $170M | 69/100 | |
2nd | Online music distribution platform for indie artists | $20M | 69/100 | ||
3rd |  DistroKid 2013, New York City (United States), Acquired | Online independent music distribution platform | $22.5M | 64/100 | |
4th | ReverbNation 2006, Morrisville (United States), Acquired | Empowers artists with tools for music distribution, promotion, and industry access | $8.6M | 58/100 | |
5th |  Symphonic 2006, Tampa (United States), Series B | Provider of digital music distribution, monetization, rights management, marketing, and playlisting services | $41M | 55/100 | |
6th | TuneCore 2005, Brooklyn (United States), Acquired | Platform offering music distribution solutions | $7M | 55/100 | |
7th |  Stem Disintermedia 2015, Los Angeles (United States), Acquired | Digital rights management platform | $42.5M | 53/100 | |
8th | FUGA 2006, Amsterdam (Netherlands), Acquired | Music distribution service | $7M | 50/100 | |
9th |  AudioSalad 2010, Brooklyn (United States), Acquired | Media asset management, delivery, and distribution platform for music and entertainment industry | - | - | 50/100 |
10th | CD Baby 1997, Portland (United States), Acquired | Online music distribution platform | - | - | 49/100 |
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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
Filter this listMedia has covered DistroKid for a total of 4 events in the last 1 year, 2 of them have been about company updates.
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Musician Sues Amazon Music for Alleged Shadowban, Citing Filter SimilarityBenzinga•Apr 18, 2025•Amazon, DistroKid
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Roblox Set To Launch Paid Videogames On Its Virtual PlatformThe Star Online•Sep 07, 2024•Roblox, DistroKid
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TikTok Partners with DistroKid to Help Emerging MusiciansSocial Media Today•Jul 19, 2024•TikTok, DistroKid
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