"As one of our early stage investors Wellington has been a great supporter of Spotify. What you want as an entrepreneur is someone to help you in both the good times as well as the bad times. Wellington with team really backed us throughout."
Founder and CEO, Spotify
|A world of music from the cutting-edge
Spotify is an online music service offering users the ability to stream music on demand using Spotify’s unique technology. Without having to buy certain tracks, users can get access to an inexhaustible source of music – from classical to chart – wherever and whenever they want. Spotify aggregates content from right holders and monetizes both through a free ad-funded service and a subscription service. The company was founded in 2006 by Swedish serial entrepreneurs Daniel Ek and Martin Lorentzon.
First investment: July 2009
103 New Oxford Street