About Deezer
Deezer is a company based in Paris (France) founded in 2007 by Daniel Marhely.. Deezer has raised $445.42 million across 9 funding rounds from investors including Orange, Rotana Hotels and Resorts and TV Azteca. The company has 566 employees as of December 31, 2024. Deezer has completed 2 acquisitions, including Mugo and Stitcher. Deezer operates in a competitive market with competitors including Spotify, SoundCloud, Pandora, Qobuz and Napster, among others.
- Headquarter Paris, France
- Employees 566 as on 31 Dec, 2024
- Founders Daniel Marhely
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Deezer Sa
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Annual Revenue
$562.79 M (USD)11.77as on Dec 31, 2024
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Net Profit
$-26.9 M (USD)55.1as on Dec 31, 2024
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EBITDA
$-20.83 M (USD)58.31as on Dec 31, 2024
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Total Equity Funding
$445.42 M (USD)
in 9 rounds
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Latest Funding Round
$251.77 K (USD), Grant
Apr 01, 2022
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Investors
Orange
& 10 more
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Employee Count
566
as on Dec 31, 2024
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Investments & Acquisitions
Mugo
& 1 more
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Acquired by
N/A
(Apr 19, 2022)
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IPO & Listings of Deezer
Deezer is a publicly listed company on the EURONEXT with ticker symbol DEEZR in France, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
44 people
Senior Team
30 people
Product Management Team
29 people
Leadership Team
28 people
Sales and Marketing
21 people
Head Team
14 people
Data Analysis and Operations Team
13 people
Creative and Marketing Team
12 people
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Funding Insights of Deezer
Deezer has successfully raised a total of $445.42M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $251.77 thousand completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Grant — $251,769
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First Round
First Round
(01 Jun 2008)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Grant - Deezer | Valuation |
investors |
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| Jul, 2020 | Amount | Series F - Deezer | Valuation | TV Azteca |
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| Aug, 2018 | Amount | Series F - Deezer | Valuation | Kingdom Holding Company , Rotana |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deezer
Deezer has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Orange, Rotana Hotels and Resorts and TV Azteca. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private investment holding company focusing on a diversified portfolio of business
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Founded Year | Domain | Location | |
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Private equity investments are made in France and the US.
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Founded Year | Domain | Location | |
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Investment and holding company controlled by Len Blavatnik
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deezer
Deezer has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mugo and Stitcher. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Music is aggregated, shared, and discovered via Mugo's social player.
|
2016 | ||||
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Online platform for podcast and radio station hosting
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Deezer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deezer Comparisons
Competitors of Deezer
Deezer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spotify, SoundCloud, Pandora, Qobuz and Napster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Music streaming is offered on-demand to global users.
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| domain | founded_year | HQ Location |
Music streaming services are provided online for free.
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| domain | founded_year | HQ Location |
Personalized internet radio stations and playlists are streamed for users.
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| domain | founded_year | HQ Location |
On-demand music streaming is provided through subscription services.
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| domain | founded_year | HQ Location |
Napster is recognized for providing music streaming platform solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deezer
Frequently Asked Questions about Deezer
When was Deezer founded?
Deezer was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Deezer located?
Deezer is headquartered in Paris, France.
Is Deezer a funded company?
Deezer is a funded company, having raised a total of $445.42M across 9 funding rounds to date. The company's 1st funding round was a Series F of $186.82M, raised on Jun 01, 2008.
How many employees does Deezer have?
As of Dec 31, 2024, the latest employee count at Deezer is 566.
What is the annual revenue of Deezer?
Annual revenue of Deezer is $562.79M as on Dec 31, 2024.
What does Deezer do?
Deezer was founded in 2007 in Paris, France, as an online platform in the music streaming sector. Access to a catalog of tracks, podcasts, and entertainment shows is enabled across devices including web, Android, iOS, and Windows. Customized playlists, personalized radio channels, offline listening, and recommendations are supported for users worldwide. Operations focus on licensed content from various record labels and genres.
Who are the top competitors of Deezer?
Deezer's top competitors include Spotify, SoundCloud and Pandora.
Is Deezer publicly traded?
Yes, Deezer is publicly traded on EURONEXT under the ticker symbol DEEZR.
How many acquisitions has Deezer made?
Who are Deezer's investors?
Deezer has 10 investors. Key investors include Orange, Rotana Hotels and Resorts, TV Azteca, AGF Management Limited, and Idinvest Partners.
What is Deezer's ticker symbol?
The ticker symbol of Deezer is DEEZR on EURONEXT.
What is Deezer's valuation?
The valuation of Deezer is $1.5B as of Jul 2020.
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