The Echo Nest

Somerville, United States Founded: 2005 • Age: 21 yrs Acquired By Spotify
Music intelligence is provided through a data-driven platform.

About The Echo Nest

The Echo Nest is a Media & Entertainment company based in Somerville (United States) founded in 2005, and was acquired by Spotify in March 2014. Music intelligence is provided through a data-driven platform. It operates on a API-as-a-Product model in Media & Entertainment and Technology sectors. The Echo Nest has raised $50.28 million across 9 funding rounds from investors including Spotify, Norwest Venture Partners and CommonWealth Partners. The company was acqui-hired. The Echo Nest offers products and services including Music Intelligence Platform. Its focus areas include Software and Music Technology.

Company details

A music intelligence platform is operated, synthesizing billions of data points into musical understanding. Solutions are offered to power smarter music applications for various customers. The focus is placed on the music technology sector, supporting developers and businesses with innovative tools and APIs.

  • Headquarters Somerville, United States
  • Stage Acquired
  • Sectors
    Media & Entertainment
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website the.echonest.com
  • Social LinkedIn X Facebook
  • Acquired by Spotify (Mar 2014)
Key Metrics
  • Total Equity Funding
    $50.28M (USD)

    in 9 rounds

  • Latest Funding Round
    $17.67M (USD), Series C

    Aug 2012

  • Investors
    Spotify

    & 7 more

  • Acquired by
    Spotify

    (Mar 2014)

Products & Services of The Echo Nest

The Echo Nest offers a comprehensive portfolio of products and services, including Music Intelligence Platform.

Music Intelligence Platform
Technology

Music data is transformed into actionable musical understanding.

Funding Insights of The Echo Nest

The Echo Nest has successfully raised a total of $50.28M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $17.67 million completed in August 2012. 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 $50.28M
  • Total Rounds 9
  • Last Round Series C β€” $17.67M
  • First Round $1M

    (Mar 2008)

  • Investors Count 7

All 9 funding rounds of The Echo Nest with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2012$17.67MSeries C–Norwest Venture Partners
Jul 2012$17.3MSeries D––
Oct 2010$7MSeries C––
Oct 2010$7MSeries B––
Feb 2010$1MGrant––
Jan 2010$1.31MSeries A–Raptor Group
–
Sep 2008Series A––
Apr 2008$1MGrant––
Mar 2008$1MGrant––
Valuation history

8 investors in total: 7 institutional and 1 angel.

Investors in The Echo Nest

The Echo Nest has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Spotify, Norwest Venture Partners and CommonWealth Partners.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Tech & offline focused VC firm investing in early & growth stage startups in the US
commonwealthvc.comWoburn, United States
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Early-stage ventures are funded by the investment firm.
matrix.vcSan Francisco, United States
Investment and strategic support are provided by Raptor Group.
raptorgroup.comBoston, United States
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
Music streaming is offered on-demand to global users.
2006spotify.comStockholm, Sweden

Jim Pallotta

Indian angel investor with focus on early-stage startups and technology ventures.
unknown_0d1bbfc459c14678a
Vocational training programs and supplementary services are offered across disciplines.
1995commonwealth-partners.comLos Angeles, United States
Premium access

Investor details for The Echo Nest

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of The Echo Nest

4 dated milestones of The Echo Nest across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded The Echo Nest is founded.
  2. Funding First funding round of $1.0M.
  3. Funding Latest funding round, Series C, of $17.7M.
  4. Exit Acquired by Spotify.

Web traffic of The Echo Nest

Websites that share an audience with The Echo Nest (the.echonest.com).

Similar websites

Websites whose visitors overlap most with The Echo Nest. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
radiosurvivor.com
radiosurvivor.com
100%
#3,655,009–
vonpipmusicalexpress.wordpress.com
vonpipmusicalexpress.wordpress.com
94%
#14,653,404–
blog.tastebuds.fm
blog.tastebuds.fm
91%
–
radiolawendel.blogspot.com
radiolawendel.blogspot.com
91%
–
thenewlofi.com
thenewlofi.com
91%
#4,797,585–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 12 similar websites and full traffic analytics for The Echo Nest

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 12 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Music Tech

3 companies that operate in the same segment as The Echo Nest (Music Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-generated music and lyrics are created on an online platform.
2021Cambridge, Massachusetts, United StatesUSD 775 M497
Broadcast radio channels are aggregated and streamed through subscriptions.
2002San Francisco, California, United StatesUSD 98.35 M
Decentralized audio distribution is enabled for creators via blockchain technology.
2018San Francisco, California, United StatesUSD 16.1 M44
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Frequently Asked Questions about The Echo Nest

The Echo Nest was founded in 2005 and raised its 1st funding round 3 years after it was founded.

The Echo Nest is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.

The Echo Nest is a funded company, having raised a total of $50.28M across 9 funding rounds to date. The company's 1st funding round was a Grant of $1M, raised on Mar 2008.

A music intelligence platform is operated, synthesizing billions of data points into musical understanding. Solutions are offered to power smarter music applications for various customers. The focus is placed on the music technology sector, supporting developers and businesses with innovative tools and APIs.

The Echo Nest offers Music Intelligence Platform.

The Echo Nest has 8 investors. Key investors include Spotify, Norwest Venture Partners, CommonWealth Partners, Commonwealth Capital Ventures, and Jim Pallotta.

Yes. The Echo Nest was acquired by Spotify in March 2014.

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