When was Limelight founded?

Limelight was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Limelight located?

Limelight is headquartered in Waterloo, Canada.

Which legal entities is Limelight associated with?

Limelight is associated with Limelight Music ApS.

How many employees does Limelight have?

As of Dec 31, 2020, Limelight has 1 employee, reflecting a 66% year-over-year decline in headcount.

Is Limelight a funded company?

Limelight is a funded company, having raised a total of $322K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 14, 2018.

When was the latest funding round of Limelight?

Limelight's latest funding was a $***** Seed round on Apr 29, 2020, with participation from 1 investor.

Where does Limelight rank among its competitors?

Limelight ranks 776th amongst 4434 active competitors, of which 34 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Auddia, which secured $750K in Jun, 2025.

Who are the top competitors of Limelight?

Limelight's top competitors include Spotify, Deezer and iHeartMedia. Among them, Auddia secured the most recent funding round in June, 2025.

Limelight - 2026 Company Profile, Team, Funding, Competitors & Financials

Limelight is a seed company based in Waterloo (Canada), founded in 2016 by Anders Nygaard, Qadar Ahmed and Thomas Linding. It operates as a Location-based music platform. Limelight has raised $322K in funding from Accelerator Centre, with a current valuation of $*****. The company has 4434 active competitors, including 34 funded and 35 that have exited. Its top competitors include companies like Spotify, Deezer and iHeartMedia.

Company Details

Location-based music platform. It uses algorithmic music discovery to provide musicians with exposure. Available on both Android and iOS devices.

Website: limelight.io
Social
Email ID: *****@limelight.io
Part Of

Key Metrics

Founded Year

2016

Location

Waterloo, Canada

Stage

Seed

Total Funding

$322K in 3 rounds

Latest Funding Round

Seed, Apr 29, 2020, $*****

Investors

Accelerator Centre & 3 more

Ranked

776^th among 4434 active competitors

Employee Count

1 as on Dec 31, 2020

Similar Companies

iHeartMedia & 5632 more

View Limelight's full profile

Limelight is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Limelight Music ApS CIN: 37920606 , Denmark, Active	Aug 06, 2016	-	1 (As on Dec 31, 2020)

Limelight has raised a total funding of $322K over 3 rounds. Its first funding round was on Jun 14, 2018. Its latest funding round was a Seed round on Apr 29, 2020 for $*****. 1 investor participated in its latest round. Limelight has 4 institutional investors.

Here is the list of recent funding rounds of Limelight:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2020	4889536	Seed	4650486	1032058	4282355	7562980
Feb 04, 2019	5985468	Seed	1921630	6394033	6243851	6986818
Jun 14, 2018	6206557	Seed	9542055	9624897	5336833	4261234

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View details of Limelight's funding rounds and investors

The founders of Limelight are Anders Nygaard, Qadar Ahmed and Thomas Linding. Bilal Khalid is the CEO of Limelight.

Here are the details of Limelight's key team members:

Anders Nygaard: Co-Founder of Limelight and founder of 1 other company.
Qadar Ahmed: Founding Partner of Limelight.
Thomas Linding: Co-Founder of Limelight and founder of 1 other company.
Bilal Khalid: CEO of Limelight.

View details of Limelight's Founder profiles and Board Members

Limelight's employee count trend

Limelight has 1 employees as of Dec 20. The total employee count is 67.0% lower than what it was in Dec 19. Here is Limelight's employee count trend over the years:

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Top competitors of Limelight include Spotify, Deezer and iHeartMedia. Here is the list of Top 10 competitors of Limelight, 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, Goldman Sachs & 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	iHeartMedia 2009, San Antonio (United States), Public	Multi-channel radio conglomerate	$4.31M	Leonard Green and Partners, avenuealtd.com ... & 5 others	76/100
4th	Pandora 2000, Webster (United States), Acquired	Personalized audio entertainment streaming service with music and podcast discovery	$56.1M	JANA Partners, HighGear Ventures & 24 others	75/100
5th	Global 2007, London (United Kingdom), Funding Raised	Online platform for streaming radio stations	-	LitTurkey	66/100
6th	Playlist 2006, Los Angeles (United States), Series C	Powering experiences economy with SaaS solutions for fitness, wellness, beauty	$33.9M	StartX, Amino Capital & 13 others	63/100
7th	RNZ 1995, Wellington (New Zealand), Unfunded	Online audio content streaming platform	-	-	59/100
8th	Jacaranda FM 1986, Johannesburg (South Africa), Unfunded	Internet radio streaming platform	-	-	58/100
9th	Slacker 2006, San Diego (United States), Acquired	LiveOne: Music, podcasts, live events, and more for everyone	$62.2M	Austin Ventures, Centennial Ventures & 5 others	55/100
10th	Auddia 2012, Boulder (United States), Public	Radio and podcast streaming applications developer	-	-	54/100
776th	Limelight 2016, Waterloo (Canada), Seed	Location-based music platform	$322K	Venturecup, Accelerator Centre & 2 others	27/100