Epidemic Sound

Epidemic Sound is a MusicTech company based in Stockholm, Sweden, founded in 2009. The company's mission is to provide high-quality music and sound effects to empower content creators globally. With a focus on simplifying the process, Epidemic Sound offers access to a diverse library of music and sound effects while ensuring that content creators can utilize these resources across various platforms without concerns about hidden fees or takedown issues. Furthermore, Epidemic Sound actively supports artists by providing them with a platform to earn a sustainable income, with competitive upfront payments, a 50/50 split of music streaming royalties, and quarterly performance-based bonuses. The company operates in multiple global locations, including Stockholm, New York City, Los Angeles, Seoul, and Amsterdam. In a significant development, the company recently secured a $450.00M Private Equity Round investment on 11 March 2021 from prominent investors including the Blackstone Group, Swedish pension fund AMF, TIN Fonder, EQT, and Alecta. This substantial investment reaffirms the market's confidence in Epidemic Sound and its potential for further growth and innovation within the Digital Media and Music industries.