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Pandora - About the company

Pandora is an acquired company based in Webster (United States), founded in 2000 by Jon Kraft and Tim Westergren. It operates as a Personalized audio entertainment streaming service with music and podcast discovery. Pandora has raised $56.1M in funding, with last known valuation of $*****. The company has 4324 active competitors, including 19 funded and 28 that have exited. Its top competitors include companies like Spotify, Deezer and iHeartMedia.

Company Details

Personalized audio entertainment streaming service with music and podcast discovery. It delivers uniquely personalized music and podcast listening experiences using proprietary technology. As a leading digital audio advertising platform, it connects brands to a large ad-supported streaming audio marketplace. The service is available through its mobile app, website, and integrations with connected products. It offers a subscription based service for users to listen to music and podcasts. The platform utilizes advanced algorithms for content curation, enhancing user engagement and content discovery. This tech company provides a B2C service, focusing on delivering personalized audio content to listeners.
Social
Facebook
Registered Address
Pitterova 2855 13000 Praha
Key Metrics
Founded Year
2000
Location
Webster, United States
Stage
Acquired
Total Funding
$56.1M in 11 rounds
Last Known Valuation
$***** as on Jan 31, 2019
Ranked
Annual Revenue
$1B+ as on Dec 31, 2017
Employee Count
1,523 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Sirius XM (Sep 24, 2018)

Pandora's acquisition details

Pandora got acquired by Sirius XM on Sep 24, 2018 at an acquisition amount of $*****.
Click here to take a look at Pandora's acquisition in detail
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Pandora's funding and investors

Pandora has raised a total funding of $56.1M over 11 rounds. Its first funding round was on 2000. Its latest funding round was a Conventional Debt round on Jan 05, 2018 for $*****. 2 investors participated in its latest round. Pandora has 26 institutional investors.

Here is the list of recent funding rounds of Pandora:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 05, 2018
4778223
Conventional Debt
9139387
8371376
1515971
3836335
Sep 24, 2017
8854134
Post IPO
6263668
2403295
8244766
Jul 24, 2017
6326587
Post IPO
9914484
5016067
9695637
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Pandora's founders and board of directors

Founder? Claim Profile
The founders of Pandora are Jon Kraft and Tim Westergren.
Here are the details of Pandora's key team members:

Pandora's employee count trend

Pandora has 1,523 employees as of Mar 26. Here is Pandora's employee count trend over the years:
Employee count trend for Pandora
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Pandora's Competitors and alternates

Top competitors of Pandora include Spotify, Deezer and iHeartMedia. Here is the list of Top 10 competitors of Pandora, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spotify
Spotify
2006, Stockholm (Sweden), Public
Provider of a platform for streaming digital music and podcasts
$2.06B
86/100
2nd
Logo for Deezer
Deezer
2007, Paris (France), Public
Online platform for on-demand music and radio streaming
$445M
83/100
3rd
Logo for Pandora
Pandora
2000, Webster (United States), Acquired
Personalized audio entertainment streaming service with music and podcast discovery
$56.1M
75/100
4th
Logo for iHeartMedia
iHeartMedia
2009, San Antonio (United States), Public
Multi-channel radio conglomerate
$4.31M
71/100
5th
Logo for Global
Global
2007, London (United Kingdom), Funding Raised
Online platform for streaming radio stations
-
66/100
6th
Logo for RNZ
RNZ
1995, Wellington (New Zealand), Unfunded
Online audio content streaming platform
-
-
59/100
7th
Logo for Auddia
Auddia
2012, Boulder (United States), Public
Radio and podcast streaming applications developer
-
-
55/100
8th
Logo for Jacaranda FM
Jacaranda FM
1986, Johannesburg (South Africa), Unfunded
Internet radio streaming platform
-
-
55/100
9th
Logo for Slacker
Slacker
2006, San Diego (United States), Acquired
LiveOne: Music, podcasts, live events, and more for everyone
$62.2M
55/100
10th
Logo for rthk.hk
rthk.hk
1928, Hong Kong (China), Unfunded
Online radio and podcast streaming platform
-
-
54/100
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Pandora's Investments and acquisitions

Pandora has acquired 3 companies including AdsWizz, Rdio and Next Big Sound. Pandora has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 21, 2018
Acquisition
2008
San Mateo (United States)
Nov 16, 2015
Acquisition
2008
San Francisco (United States)
May 19, 2015
Acquisition
2008
New York City (United States)
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Reports related to Pandora

Here is the latest report on Pandora's sector:

News related to Pandora

lockFilter this list
Media has covered Pandora for a total of 5 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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FAQs about Pandora

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