Akazoo

General Information

Company Name

Akazoo

Founded Year

2010

Location (Offices)

London, United Kingdom +2

Founders / Decision Makers

Number of Employees

Industries

Music

Funding Stage

Private Equity

Social Media

Akazoo - Company Profile

Akazoo is a global, on-demand music streaming subscription company that was founded in 2010. Listed on the NASDAQ stock exchange under the ticker symbol SONG, the company offers a Premium service providing unlimited online and offline high-quality streaming access to a catalog of over 45 million songs on a commercial-free basis. Additionally, Akazoo provides a free, ad-supported Radio service with over 100,000 stations available through a separate application.

Akazoo holds direct music licenses from thousands of labels and embraces both online and offline listening platforms. The company's offerings include social media integration and a patented, AI-driven new music recommendation engine. It boasts a world-class mobile application with seamless functionality across a wide range of mobile devices and networks, from 2g to 4g LTE, and soon 5g.

The company received its last investment in a Private Equity Round on 09 July 2015 with contributions from Penta Capital and Toscafund. Akazoo's headquarter is located in the United Kingdom. The startup operates in the Music industry and is driven by the slogan "Music is our higher power!"

Taxonomy: Music Streaming, Music Discovery, Music Recommendations, Mobile Apps, Radio Streaming, Social Media Integration, AI-driven Technology, Music Licensing, Global Expansion, User Experience, Mobile Networks, Commercial-free Streaming, Online and Offline Listening, Music Artist Services, Digital Advertising