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Audius

Decentralised streaming platform

Audius logo
21-100 employees
  • Fintech
  • B2B
  • Music
  • SaaS
  • Blockchain
  • eCommerce
  • Web 3.0
SoMa, San Francisco, CA

Company mission

To create a fully decentralized community of artists, developers, and listeners collaborating to share and defend the world’s music.

Top investors

0% employee growth in 12 months

Our take

Founded in 2018, Audius preempted current discourse on dwindling musician and artist revenues and created an alternative streaming platform using blockchain and crypto token incentives.

Decentralized and backed by crypto giants Binance and Coinbase among others, Audius listeners earn more tokens by listening to a small number of adverts, and artists are paid 85% of the streaming revenue, roughly 15% more than the leading streaming services.

Audius’s streaming ecosystem does not necessarily rely on fluency in crypto, which means that it has a wider reach than most blockchain companies, using its token system as a tool rather than an end goal. Casual listeners won’t need to organise or address the crypto element of Audius to listen. Audius’s focus on decentralization also means that users and artists have more freedom over the content on the platform. If it can stop itself from becoming weighed down in its Web3 origins, Audius could be a solid solution to the music industry’s streaming crisis.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Token Equity
  • Unlimited PTO
  • Health, Dental & Vision
  • Monthly Music Stipend
  • 401K & FSA
  • Annual Learning Stipend
  • Home Office Set-Up
  • Mental & Physical Wellness Stipend
  • 2x / Year Company Retreats
  • Budget for Team Meetups
  • 16 Weeks Parental Leave

Funding (last 2 of 3 rounds)

Sep 2021

$5m

EARLY VC

Oct 2020

$4.4m

EARLY VC

Total funding: $14.9m

This company has top investors

Leadership

Previously Engineering Partner at KPCB Edge, Co-Founder at Backlash and COO at Business Association at Stanford Entrepreneurial Students.

Forrest Browning

(CPO at Audius)

Previously Co-Founder at StacksWare, Software Engineer at Mithril Capital Management, Founding Engineer at Chatous and Software Engineering at Dropcam.