What is IDAGIO?
IDAGIO stands as the premier global streaming platform dedicated to classical music, boasting over 1.8 million app downloads and a subscriber base spanning 190 countries. Developed in Berlin by a multidisciplinary team of over 80 experts in music, technology, business, and design, IDAGIO distinguishes itself with a search engine specifically tailored for classical music, expert curation, and an extensive catalog of over 2 million licensed tracks. The service is accessible via a web app and mobile applications, offering three distinct listener tiers: IDAGIO Free, IDAGIO Premium, and IDAGIO Premium+. The company's focus on this specialized segment of the music industry positions it uniquely within the digital entertainment landscape.
How much funding has IDAGIO raised?
IDAGIO has raised a total of $9.5M across 1 funding round:
Series A
$9.5M
Series A (2017): $9.5M with participation from Tengelmann and btov Partners
Key Investors in IDAGIO
Tengelmann
Tengelmann is a German holding company with a broad investment portfolio, likely bringing significant strategic and financial backing to IDAGIO's expansion efforts.
btov Partners
btov Partners is a European venture firm specializing in early-stage investments, providing IDAGIO with crucial expertise and capital to scale its innovative classical music streaming service.
What's next for IDAGIO?
The recent major strategic investment into IDAGIO signals a pivotal growth phase for the classical music streaming service. This capital infusion is expected to fuel further expansion of its unique search capabilities, enhance its curated content offerings, and broaden its global reach. Strategic partnerships and technological advancements are likely to be key priorities as IDAGIO aims to solidify its market leadership and explore new revenue streams within the digital music ecosystem. The company's trajectory suggests a strong emphasis on scaling its operations and deepening its engagement with classical music enthusiasts worldwide.
See full IDAGIO company page
