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Shazam - About the company

Shazam is an acquired company based in London (United Kingdom), founded in 2000 by Chris Barton and Avery Wang. It operates as an App-based music identification platform. Shazam has raised $149M in funding from investors like Kleiner Perkins, IVP and DN Capital, with last known valuation of $1B. The company has 33 active competitors, including 2 funded and 4 that have exited. Its top competitors include companies like Record Scanner, Farsi Town and Playlo.

Sectors and market segments that Shazam operate in

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

Company Details

App-based music identification platform. It allows users to identify songs and connect them with artists, TV shows, ads, cinema, radio, and retail environments. The app is available for Android and iOS users. It also provides top music charts on various platforms.
Social
XFacebook
Key Metrics
Founded Year
2000
Location
Stage
Acquired
Total Funding
$149M in 7 rounds
Latest Funding Round
Last Known Valuation
$1B as on Jan 21, 2015
Ranked
Employee Count
264 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Apple (Dec 11, 2017)

Shazam's acquisition details

Shazam got acquired by Apple on Dec 11, 2017 at an acquisition amount of $*****.
Click here to take a look at Shazam's acquisition in detail
Sign up to download Shazam's company profile

Shazam's funding and investors

Shazam has raised a total funding of $149M over 7 rounds. Its first funding round was on Mar 23, 2004. Its latest funding round was a Series C round on Feb 05, 2015 for $48.9M. 2 investors participated in its latest round. Shazam has 19 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Shazam:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 05, 2015
$48.9M
Series C
$1B
16.9x
-
May 14, 2014
$3M
Series C
-
-
-
Mar 07, 2014
$20M
Series C
$500M
-
-
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Shazam's founders and board of directors

Founder? Claim Profile
The founders of Shazam are Chris Barton and Avery Wang.
Here are the details of Shazam's key team members:
  • Chris Barton: Inspirational Keynote Speaker (Founder of Shazam) www.chrisjbarton.com of Shazam. They are also an angel investor in 1 startup and serve on the board of 1 company.
  • Avery Wang: Former Founder of Shazam. They serve on the board of 1 company.

Shazam's Board of Directors

Shazam's board has 1 active member. Peter Ronald Denwood is independent board member.
Here is the list of Shazam's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Past
2y 8m
Team
-
Past
3y 7m
Team
-
Past
1y 4m
Investor
-
Past
0y 5m
Investor
-
Past
3y 3m
Investor
-
Past
4y 11m
Investor
-
Past
4y 5m
Independent board member
-
Current
7y 7m
Independent board member
-
Past
3y 0m
Independent board member
-
Past
4y 2m
Independent board member
-
Past
7y 3m
Independent board member
-
Past
7y 9m
Independent board member
-
Past
0y 6m
Independent board member
-
Past
2y 2m
Independent board member
-
Past
5y 4m
Independent board member
-
Past
7y 4m
Independent board member
-
Past
2y 4m
Independent board member
-
Past
14y 6m
Independent board member
-
Past
2y 2m

Shazam's employee count trend

Shazam has 264 employees as of May 26. Here is Shazam's employee count trend over the years:
Employee count trend for Shazam
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Shazam's Competitors and alternates

Top competitors of Shazam include Record Scanner, Farsi Town and Playlo. Here is the list of Top 10 competitors of Shazam, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shazam
Shazam
2000, London (United Kingdom), Acquired
App-based music identification platform
$149M
80/100
2nd
Logo for Record Scanner
Record Scanner
2020, Katy Rybackie (Poland), Unfunded
SaaS-based platform for scanning music CDs
-
-
46/100
3rd
Logo for Farsi Town
Farsi Town
2014, Los Angeles (United States), Unfunded
Music identification and discovery application
-
-
41/100
4th
Logo for Playlo
Playlo
2024, Spain, Public
Online music discovery platform
-
-
38/100
5th
Logo for WhoSampled
WhoSampled
2008, Salisbury (United Kingdom), Acquired
Ad-supported open music discovery and identification platform
-
-
38/100
6th
Logo for Musera
Musera
2016, Iran, Unfunded
Music-based social networking app
-
-
38/100
7th
Logo for Tunefind
Tunefind
2005, San Francisco (United States), Acquired
Discover music from TV, movies, and games; find soundtracks easily
-
-
37/100
8th
Logo for Songit
Songit
2022, Los Angeles (United States), Deadpooled
Online application for discovering songs and lyrics
-
-
33/100
9th
Logo for Exfm
Exfm
2010, New York City (United States), Acqui-Hired
Music library built by automated song identification
$2.75M
33/100
10th
Logo for Hibiki Run
Hibiki Run
2022, Toronto (Canada), Seed
NFT-based music recognition platform
-
32/100
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Looking for more details on Shazam's competitors? Click here to see the top ones

Shazam's Investments and acquisitions

Shazam has made no investments or acquisitions yet.

Reports related to Shazam

Here is the latest report on Shazam's sector:

News related to Shazam

lockFilter this list
Media has covered Shazam for a total of 3 events in the last 1 year, 3 of them have been about company updates.
Shazam now integrates with ChatGPTDonanimhaberMar 10, 2026Shazam
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FAQs about Shazam

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