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DistroKid is a digital distribution service that allows musicians and independent record labels to distribute their music to online stores and streaming services such as Spotify, Apple Music, and Amazon. However, DistroKid is not owned by a larger company but is instead an independent platform that was founded in 2013 by entrepreneur Philip Kaplan.
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In 2024, DistroKid's revenue reached $97.2M. The company previously reported $59.8M in 2023. Since its launch in 2013, DistroKid has shown consistent revenue growth.
DistroKid reached a $1.3B valuation in 2021, set during its Venture Round round.
DistroKid has raised $1B in total funding across 2 rounds, most recently a $1B Venture Round round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Venture Round | $1B | $1.3B | 77% | prnewswire.com |
| 2018 | Funding round | $22.5M | - |
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DistroKid serves 1M customers.
DistroKid employs approximately 1.7K people as of 2026, up from 1.4K in 2024, including 2 sales reps that carry a quota. It serves 1M customers that rely on its solutions.
DistroKid generates an estimated $97.2M in annual revenue.
DistroKid was founded by Philip Bauer.
The CEO of DistroKid is Philip Bauer.
DistroKid raised $1B across 2 rounds.
DistroKid has 1.7K employees.
DistroKid is headquartered in New York, New York, United States.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$1.3B
2024 Revenue
$97.2M(Est.)
Customers
1M
Funding
$1B
Avg ACV
$97
Team · 2025
1.7K
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | DistroKid Hit $97.2m revenue in October 2024 | Estimated |
| 2023 | DistroKid Hit $59.8m revenue in December 2023 | Estimated |
| 2021 | DistroKid Hit $31.9m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| - |
| finsmes.com |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1.7K employees (November 2025) | |
| 2024 | Reached 1.4K employees (December 2024) | |
| 2024 | Reached 1.4K employees (October 2024) | |
| 2023 | Reached 1.2K employees (December 2023) | |
| 2022 | Reached 946 employees (December 2022) | |
| 2021 | Reached 746 employees (December 2021) | |
| 2021 | Reached 485 employees (April 2021) |
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