Berlin-headquartered classical music streaming startup IDAGIO has launched in the US and Canada and raised a €10 million funding round from its existing investors to support the expansion. This round brings the total amount raised by the company to over €20 million.
The streaming service offers a library of more than 1 million tracks, adding 20,000 new recordings every week. It also offers “expertly curated playlists and exclusive content from key concert artists, orchestras, and opera companies,” the company stated in a press release.
Being a streaming service tailor-made for classical music, IDAGIO offers a way to discover it based on features like the composer, work, conductor, orchestra, soloist, and more. This goes well beyond the traditional data model of music streaming services like Spotify, which normally offer filtering by a track title, album, and artist.
Founded in Berlin in 2015, IDAGIO currently employs a team of 70 people. The company also states that it attracted over 250,000 registered users in 2018 and has subscribers across 130 countries. The new customers in the US and Canada are now also able to subscribe for the service for $9.99 a month.
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