Radar › Companies › Music Tech · Sweden
Radar · Music Tech in Sweden

Best Music Tech Companies in Sweden

The 79 best Music Tech companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Spotify.

79companies tracked
$4.8Bdisclosed funding
2unicorns
26have raised
Sources & further reading
  • ResearchAndMarkets.com
  • Technavio

Ranked: Best Music Tech companies in Sweden

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1Spotify
Provider of a platform for streaming digital music and podcasts
$2.1B40 mo ago2,960Martin Lorentzon
Co-Founder
——1,803 patents
Personalized audio streaming, voice-activated controls, and recommendation algorithms for music services.
—
2Spotify 🦄
Spotify is a commercial music streaming service that provides restricted digital content from a range of…
$2.1B40 mo ago358—ContentfulSentryAtlassian Statuspage+36Top 1k1,803 patents
Audio streaming personalization, voice interaction, UI graphics, and search using AI
—
3Epidemic Sound 🦄
Cloud-based music licensing platform
$476M63 mo ago500David Stenmarck
Co-Founder
Apple iCloud MailGoogle WorkspaceRuby+27Top 50k2 patents
Content-based audio-video synchronization and pairing technology
2 launchs · 1 partnership
4Soundtrack Your Brand
Music streaming solution provider for businesses
$55M36 mo ago117Ola Sars
Co-Founder
DocusaurusZendeskApple iCloud Mail+12Top 50M——
5Tracklib
Online marketplace to discover, buy, and license tracks
$23M57 mo ago59—StoryblokSentryNode.js+26Top 500k2 patents
Audio watermarking systems for embedding and detecting identifiers in music tracks
—
6Amuse
Online music distribution platform for indie artists
$20M86 mo ago65—Apple iCloud MailGoogle WorkspaceRuby+17Top 500k—2 job openings · 1 award
7X5 Group
Digital music distribution & promotion enabler
$12M185 mo ago24—————
8Kitab Sawti
Mobile application for Arabic audiobook streaming
$9M85 mo ago50—————
9Soundtrap
Music co-creation and sharing platform
$8M116 mo ago35Per Emanuelsson
CEO and CoFounder
WordPressMySQLPHP+34Top 50k10 patents
Audio/MIDI editing and chord generation tools within digital audio workstations
—
10Anotherblock
Blockchain-based decentralized music rights platform
$8M37 mo ago24Filip Stromsten
Co-Founder
————
11Starmony
Online music creation app for artists, bands, and producers
$4M59 mo ago11Mattias Sjolinder
Co-Founder
————
12Earin
Internet first brand offering wireless earbuds
$4M113 mo ago12—Cart FunctionalitySquarespace CommerceSquarespace+16Top 50M19 patents
Compact wireless earbud charging and storage capsule technology
—
13Pacemaker
Music mixing and sharing app
$3M107 mo ago11—WordPress Block EditorWordPressMySQL+16Top 50M——
14FRESHSOUND
Platform for licensing music
$3M37 mo ago16Stephen Gyasi
Co-Founder & CEO
————
15MasterExchange
Platform allowing users to invest in and trade shares of music royalties
$3M34 mo ago15—WebflowYouTubeBootstrap+35Top 50M——
16Audiodo
Personalized sound technology provider for audio electronic products
$2M105 mo ago42Jan Weber
Co-Founder & CEO
WordPressMySQLPHP+31Top 10M2 patents
Adaptive audio level control and lossless audio compression technologies
—
17OneBas
Platform for on-demand music streaming
$2M75 mo ago—Cato Crogh
Founder & CEO
————
18MAIA Universe
Provider of music licensing for commercial projects
$1M12 mo ago—Stevie Gyasi
Co-founder & Head of Partnerships
————
19Freedrum
Virtual drum kit for music learning
$1M60 mo ago9George Charkviani
CEO
Cart FunctionalityShopifyUbuntu+28Top 10M——
20We Are Voice
Online platform for upcoming artists to collaborate with each other
$1M76 mo ago7—Node.jsWindows ServerFacebook Login+16Top 5M——
21Blisser
Online platform offering personalized video messages from celebrities
$1M55 mo ago5Andre Haug
Co-Founder
————
22ScoreCloud
Sheet music notation and review app
$1M150 mo ago11Sven Emtell
Co-Founder & CTO
WordPress Block EditorWordPressMySQL+24Top 5M——
23Corite
Online music promotion and streaming platform
$682K44 mo ago20Mattias Tengblad
Co-Founder & CEO
TypeScriptZone.jsAngular+14Top 10M——
24Karaokeparty.com
Online karaoke platform
$460K212 mo ago—Mattias Öberg
Co-Founder & CEO
WordPressMySQLPHP+17Top 5M——
25Gestrument
Gesture based virtual music making app
$361K93 mo ago13Par Risberg
Co-Founder & Chairman
——12 patents
Real-time algorithmic music generation for interactive audio systems
—
26Tunaspot
Location-based music discovery
$261K155 mo ago—Alexander Liljengård
Co-Founder
————

Top 12 Music Tech companies in Sweden

#1
Public · Stockholm, Stockholm County · founded 2006 · 2960 employees
$2.1Braised
▾

Provider of a platform for streaming digital music and podcasts. The platform allows users to listen to a wide variety of audio content. It is accessible via web browsers and dedicated applications.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4.6M LinkedIn followers — 98.0% of this cohort's audience · 198 engagements/post (4.8× cohort median)
Funding rounds
  • Feb 2023Post IPO—
  • 2016Series F—
  • Apr 2016Series F$1B
  • Jun 2015Series E$526M
Founders & team
Martin LorentzonCo-FounderDaniel EkCo-Founder Gustav SöderströmCo-CEO
Investors
Ernström & C:o, Wellington Partners Venture Capital, Horizons Ventures, Li Ka Shing Foundation, Creandum, Northzone
#2
Seed · Stockholm, Stockholm County · founded 2023
$1.3Mraised
▾

Provider of music licensing for commercial projects. It offers a streamlined process for selecting and licensing music for various media, including advertisements, television, film, games, and social media content. Users can search for music based on specific criteria such as mood, genre, and lyrics. The platform provides transparent pricing and a self-service checkout. It connects rights holders with potential licensees, facilitating efficient music placement in commercial projects.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jun 2025Seed$1.3M
Founders & team
Stevie GyasiCo-founder & Head of PartnershipsDavid WilleChief Executive Officer
Investors
Zenith Group
#3
Spotify 🦄
Public · Stockholm, Stockholms Lan · founded 2006 · 358 employees
$2.1Braised
▾

Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.

Investors
ValueAct Capital, Ernström & C:o, TPG, Dragoneer Investment Group, Senvest Capital, TCV
Tech stack
Amazon AlbAmazon CloudfrontAmazon Web ServicesApache Http ServerApple Icloud MailAtlassian Statuspage
#4
Series C · Stockholm, Stockholm County · founded 2014 · 117 employees
$54.6Mraised
▾

Soundtrack Your Brand is a provider of music streaming solution for businesses. Offers unlimited music streaming, scheduled playlists that can be customized at different venues, social features, and business support among others. Features include the facility to play a customized soundtrack based on the mood, energy levels, beats, genres, and decades and explicit-lyrics filter. Available for Android, iOS, and Windows platforms. Pricing is based on monthly usage.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Senior Business Controller, Backend Engineer (Go)
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jun 2023Series C$15M
  • Jan 2018Series C$6.7M
  • Sep 2017Grant (prize money)$203.4K
  • Feb 2017Series C$22M
Founders & team
Ola SarsCo-Founder
Investors
Telia Company, Northzone, Creandum, Balderton Capital, Industrifonden, Wellington Partners Venture Capital
Tech stack
DatocmsNode.JsReactNext.JsPriority HintsHsts
#5
Series D · Stockholm, Stockholm County · founded 2009 · 500 employees
$476Mraised
▾

Cloud-based music licensing platform. It is an online platform for music composers to sell their music production. It keeps all the productions in its online music library and makes them available to professional editors. It allows users to either subscribe to the platform for unlimited use or license tracks per second.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 46k LinkedIn followers
Activity: 2 product launches · 1 partnerships (incl. Veel) announced in 12 mo
Funding rounds
  • Mar 2021Series D$450M
  • Jul 2019Conventional Debt—
  • Jul 2019Series C$20M
  • Nov 2017Series B—
Founders & team
David StenmarckCo-FounderPeer AstromCo-FounderHjalmar WinbladhAdvisor and co-founder
Investors
Kichi Invest, DS, Creandum, Atwater Capital, EQT, SEB
Tech stack
Amazon S3Amazon SesAmazon Web ServicesApple Icloud MailBunnyCloudflare
#6
Seed · Stockholm, Stockholm County · founded 2021 · 24 employees
$8Mraised
▾

Developer of a blockchain-based music rights marketplace intended to democratize music ownership. The company's platform connects non-fungible tokens to royalty rights, meanwhile, these tokens will generate royalties corresponding to ownership, providing artists with transaction payment, trade-royalty every time the token is traded, in perpetuity.

Founders & team
Filip StromstenCo-FounderMichel D TraoreCo-FounderSebastian LjungbergCo-Founder & CTO
Investors
Stride.vc, Inventure, Fredrik Haga, Maex Ament, J12, Sebastian Knutsson
#7
Series B · Stockholm, Stockholm County · founded 2014 · 59 employees
$23.2Mraised
▾

Online marketplace to discover, buy, and license tracks. The platform allows DJs, producers, and artists access to all tracks that enable them to create more music and license them as per their usage. Tracks are pre-cleared and readily available to license. Enables revenue sharing based on the length of the sample tracks.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Funding rounds
  • Sep 2021Series B$16.8M
  • Jun 2020Series A$4.5M
  • May 2019Seed$1.7M
  • Jun 2018Seed$223.1K
Investors
Sony Innovation Fund, WndrCo, Vinnova, Almi Invest, Letsie Venture Capital
Tech stack
Amazon Web ServicesCloudflareCloudflare Bot ManagementCookiebotCore-JsEnvoy
#8
Seed · Stockholm, Stockholm County · founded 2022 · 15 employees
$2.7Mraised
▾

Platform allowing users to invest in and trade shares of music royalties. Users can buy, sell, and trade music shares and receive royalty payouts.

Funding rounds
  • Aug 2023Seed$2.7M
Investors
Vectr Ventures
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesCloudflareCloudflare Browser InsightsGoogle Workspace
#9
Seed · Stockholm, Stockholm County · founded 2020 · 16 employees
$2.8Mraised
▾

Platform for licensing music. It provides a self-serve portal where users can easily license music for various projects. It has developed a marketplace for original music and an automated pre-cleared licensing technology.

Funding rounds
  • May 2023Seed$1.4M
  • Jul 2022Seed$1.4M
Founders & team
Stephen GyasiCo-Founder & CEO
Investors
Aligned Partners Venture Services, Zenith, Aligned
#10
Series A · Stockholm, Stockholm County · founded 2016 · 65 employees
$20Mraised
▾

Amuse is an online music distribution platform for indie artists. It allows artists to upload their music on the platform, get it approved, and distribute it across music streaming platforms. It tracks the data and scouts the high-potential artists through algorithms. Also enables artists in marketing, financing, promotion and playlist pitching. Available for Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: PR & Marketing Operations Manager, Head of Accounting
Activity: 1 awards announced in 12 mo
Funding rounds
  • Apr 2019Grant (prize money)$66.9K
  • May 2018Series A$15.5M
  • Dec 2017Series A$4.1M
  • Sep 2017Angel$93K
Investors
Lakestar, Europa, The Raine Group, 7GC, Bridford Group
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAmplitudeAnimate.CssApple Icloud Mail
#11
Series A · Stockholm, Stockholm County · founded 2019 · 11 employees
$4.3Mraised
▾

Online music creation app for artists, bands, and producers. It offers a community-based platform that allows users to create and record songs written, composed, and sung on their own. It produces professional music and allows users to share their music on streaming platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 796 LinkedIn followers
Funding rounds
  • Jul 2021Series A$3.5M
  • Jun 2020Seed$809.6K
Founders & team
Mattias SjolinderCo-FounderJan NordlundCo-Founder & CEO
Investors
Brightly Ventures, Acequia Capital, Max Ventures & Industries, Luminar Ventures, Bonnier Capital, Almi Invest
#12
Acquired · Stockholm, Stockholm County · founded 2015 · 50 employees
$9.4Mraised
▾

Kitab Sawti is a mobile application for Android and iOS users which provides Arabic audiobook streaming. Streaming is provided on a subscription basis, where users can go for Gold subscription which features unlimited listening time, offline streaming and access to new releases per month.

Funding rounds
  • May 2019Series A$6M
  • Apr 2018Seed$2M
  • Sep 2017Seed$1.4M
Investors
Venture Securities, Inbox Capital, Creades, STHLM VC, Bonnier Ventures, Paltel Group
Tech stack
CloudflareHttp/3

Funding & investor landscape

$4.8Btotal disclosed funding
26companies funded
59disclosed rounds
0rounds last 90 days
Most active investors
Almi Invest8 rounds
Northzone4 rounds
Creandum3 rounds
Bonnier Capital2 rounds
Europa2 rounds
Industrifonden2 rounds
Lakestar2 rounds
Techstars2 rounds
Telia Company2 rounds
Wellington Partners Venture Capital2 rounds

Notable founders

Martin Lorentzon
Co-Founder · Spotify
Daniel Ek
Co-Founder · Spotify
Stevie Gyasi
Co-founder & Head of Partnerships · MAIA Universe
David Wille
Chief Executive Officer · MAIA Universe
Ola Sars
Co-Founder · Soundtrack Your Brand
David Stenmarck
Co-Founder · Epidemic Sound
Peer Astrom
Co-Founder · Epidemic Sound
Filip Stromsten
Co-Founder · Anotherblock
Michel D Traore
Co-Founder · Anotherblock
Stephen Gyasi
Co-Founder & CEO · FRESHSOUND
Mattias Sjolinder
Co-Founder · Starmony
Jan Nordlund
Co-Founder & CEO · Starmony
Prism market signals · Sweden · country-scoped Prism corpus, 815,887 docs

Market landscape — 10 sub-themes by coverage

Share of Music Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Music Tech companies are there in Sweden?
Radar tracks 79 indexable Music Tech companies headquartered in Sweden that meet our profile-completeness bar.
What is the total funding raised by Music Tech companies in Sweden?
The Music Tech companies in Sweden on this list have raised a combined $4.8B in disclosed equity funding across 26 funded companies.
Which is the highest-funded Music Tech company in Sweden?
Spotify is the highest-funded Music Tech company in Sweden, with $2.1B in disclosed equity funding.
How many Music Tech companies in Sweden are funded?
26 of the 79 Music Tech companies in Sweden on this list have disclosed at least one equity funding round.
How many Music Tech unicorns are there in Sweden?
2 Music Tech companies in Sweden on this list are valued at $1B or more.
Who are the top investors in Sweden Music Tech companies?
The most active investors in Sweden Music Tech companies on this list include Almi Invest, Northzone, Creandum, Bonnier Capital, Europa.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

Coming soon