Shazam - About the company
Shazam is an acquired company based in London (United Kingdom), founded in 2000 by 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 36 active competitors, including 2 funded and 4 that have exited. Its top competitors include companies like Record Scanner, Farsi Town and Musera.
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.
- Website
- www.shazam.com/
Key Metrics
Founded Year
2000
Location
London, United Kingdom
Stage
Acquired
Total Funding
$149M in 7 rounds
Latest Funding Round
Last Known Valuation
$1B as on Jan 21, 2015
Investors
Ranked
1st among 36 active competitors
Employee Count
274 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Apple (Dec 11, 2017)
Legal entities associated with Shazam
Shazam is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Shazam Entertainment Ltd CIN: 1632279 , United States, Active | $25M - $100M (As on Feb 05, 2015) | - | - | |
Shazam Entertainment Limited CIN: 3998831 , United Kingdom, Active | May 21, 2000 | - | 216 (As on Dec 31, 2018) | |
Apple Inc., CIN: 94-2404110 , United States, Active | Dec 31, 1999 | - | 96218 (As on Dec 31, 2021) | - |
Shazam Entertainment Limited CIN: 3998831 , Germany, Active | $10M - $50M (As on Dec 31, 2016) | 216 (As on Dec 31, 2018) |
Shazam's acquisition details
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 4 angel investors.
Here is the list of recent funding rounds of Shazam:
Filter 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 | - | - | |
May 14, 2014 | $3M | Series C | - | - | - | |
Mar 07, 2014 | $20M | Series C | $500M | - | - |
View details of Shazam's funding rounds and investors
Shazam's founders and board of directors
Founder? Claim ProfileThe founders of Shazam is Avery Wang.
Here are the details of Shazam's key team members:
- 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 5m | |
Investor | - | Past | 4y 11m | |
Independent board member | - | Current | 7y 11m | |
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 | 2y 2m | |
Independent board member | - | Past | 14y 6m |
View details of Shazam's Founder profiles and Board Members
Shazam's employee count trend
Shazam has 274 employees as of Sep 26. Here is Shazam's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Shazam's Competitors and alternates
Top competitors of Shazam include Record Scanner, Farsi Town and Musera. Here is the list of Top 10 competitors of Shazam, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shazam 2000, London (United Kingdom), Acquired | App-based music identification platform | $149M | 81/100 | |
2nd | Record Scanner 2020, Katy Rybackie (Poland), Unfunded | SaaS-based platform for scanning music CDs | - | - | 45/100 |
3rd | Farsi Town 2014, Los Angeles (United States), Unfunded | Music identification and discovery application | - | - | 41/100 |
4th | Music-based social networking app | - | - | 40/100 | |
5th | Online music discovery platform | - | - | 39/100 | |
6th | WhoSampled 2008, Salisbury (United Kingdom), Acquired | Ad-supported open music discovery and identification platform | - | - | 38/100 |
7th | Tunefind 2005, San Francisco (United States), Acquired | Discover music from TV, movies, and games; find soundtracks easily | - | - | 37/100 |
8th | Songit 2022, Los Angeles (United States), Deadpooled | Online application for discovering songs and lyrics | - | - | 33/100 |
9th | Hack the Track 2018, Hasselt (Belgium), Funding Raised | App-based music identification and sharing platform | - | 32/100 | |
10th | Hibiki Run 2022, Toronto (Canada), Seed | NFT-based music recognition platform | - | 32/100 |
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
Media has covered Shazam for a total of 3 events in the last 1 year, 3 of them have been about company updates.
•
Bandsintown Powers Concert Listings on Apple Music with iOS 26.4PR Newswire•Mar 31, 2026•Bands in town, Apple, Shazam, Spotify and 2 others
•
•
•
Meta adds live translation, AI video to Ray-Ban smart glassesThe Star Online•Dec 17, 2024•Meta, Ray-Ban, Shazam
•
•
•
•
London-based StackOne gets €3.3 million to provide a real-time unified API for B2B SaaS companiesZephyrnet•Mar 05, 2024•StackOne, Episode 1 Ventures, Playfair Capital, Portfolio Ventures and 12 others
•
•
Are you a Founder ?
FAQs about Shazam
Explore our recently published companies
- Mitula - India based, Unfunded company
- IET - Italy based, 2016 founded, Unfunded company
- Taste of Mom - Bhagalpur based, 2016 founded, Unfunded company
- Pace Systems - Naperville based, 1983 founded, Unfunded company
- Chelgo Imports & Exports - Palakkad based, 2025 founded, Unfunded company
- Scotia Metals - Vancouver based, 2026 founded, Public company