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Rdio

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Socially integrated on-demand music streaming service

San Francisco, United StatesFounded 2008Consumer Services
Valuation $0–100M Latest valuation · 2015
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Rdio and the history behind them.

About Rdio

Rdio was an online music streaming service founded in 2008 by Skype creators Niklas Zennström and Janus Friis, with Carter Adamson also credited as a co-founder. The platform officially launched on August 3, 2010, headquartered in San Francisco. Rdio's core offering was a subscription-based, on-demand music streaming service that emphasized social discovery, allowing users to see what their friends were listening to and follow their activity.

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The business operated on a subscription model from its inception, which later proved challenging against competitors like Spotify that offered a free, ad-supported tier. To compete, Rdio eventually introduced a free, ad-supported plan in 2014 and a lower-priced ad-free option. The service was available across multiple platforms, including web browsers, desktop applications for OS X and Windows, and mobile apps for iOS, Android, BlackBerry, and Windows Phone. The platform's library included content from all four major record labels and various aggregators. A key feature was its well-regarded user interface, praised for its design and ease of use, which helped cultivate a loyal user base.

Throughout its history, Rdio made several strategic moves, including an attempted expansion into video with Vdio in 2013, a service that was shut down within the same year. The company also pursued partnerships, notably with Cumulus Media in 2013 to integrate with terrestrial radio, and acquired companies like Indian music service Dhingana and social discovery platform TastemakerX in 2014. Despite these efforts and raising significant funding, Rdio struggled with marketing and user growth. On November 16, 2015, the company filed for Chapter 11 bankruptcy and announced that its key assets and intellectual property would be acquired by Pandora for $75 million. The Rdio service was officially discontinued on December 22, 2015.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2008
Headquarters
San Francisco, United States
Open positions
None listed
Dealroom signal
55.2/100
Industry
Music
Sector
Consumer Services, Music, Radio
Client focus
b2c
Investment activity
2 companies, latest Jul 2014
Capital deployed
Preferred round
ACQUISITION
Links
Website

Latest news

Press, funding announcements and product moves mentioning Rdio.

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Nov 2015 $75M $75M Pandora
GROWTH EQUITY VCOther financing Apr 2014 $25M Cumulus Media
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Rdio website traffic

Latest recorded traffic for Rdio is 60 monthly website visits, down 84.6% over the last three months.

Latest monthly visits60 3-month web change-84.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series B and later2 investors entered at this stage

Other known investors1 additional known investor

  • Pandora
Team profiled 62 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Francisco HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Rdio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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