Epidemic Sound

Epidemic Sound is a Swedish royalty-free soundtrack providing company based in Stockholm, Sweden.[1]

Epidemic Sound AB
TypePrivate
IndustryMusic
Founded2009 (2009)
FoundersPeer Åström
David Stenmarck
Oscar Höglund
Jan Zachrisson
HeadquartersStockholm, Sweden
Websiteepidemicsound.com

The company was established in 2009 by Peer Åström, David Stenmarck, Oscar Höglund and Jan Zachrisson.[2][3]

It provides a library of over 35,000 soundtrack music and 90,000 sound effects for a subscription to artists and also providing the background music to public spaces, restaurants, hotels, shopping malls and car parks.[1][4] The company shares half of the music streaming revenue with composers and retains the exclusive rights to their songs.[5]

The company has raised a total of over $500M in funding over 5 rounds. Their latest equity round raised $450M from Blackstone Group and EQT Growth, which values Epidemic Sound at $1.4 billion.[6]

References

  1. Bradshaw, Tim (2019-07-04). "London in for wild ride as Ola takes on Uber". Financial Times.{{cite web}}: CS1 maint: url-status (link)
  2. "Epidemic Sound Said to Consider Options for Online Music Vault". November 17, 2020 via www.bloomberg.com.
  3. "Epidemic Sound wants to soundtrack the world". Sifted. 2019-07-01. Retrieved 2021-05-25.
  4. "Check out Epidemic Sound US on Inc.com!". Inc.com.
  5. Soderpalm, Helena (December 6, 2019). "Swedish start-up Epidemic Sound tunes into demand for original music" via www.reuters.com.
  6. "Epidemic Sound raises $450M at a $1.4B valuation to 'soundtrack the internet'". Techcrunch. 2021-03-11.


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