Berlin, Germany
IDAGIO is a German startup that has captured the attention of music enthusiasts worldwide with its slogan "Classical Music Streaming." Launched in 2014, IDAGIO has gained recognition for its innovative approach to streaming classical music. The platform offers video and audio streaming services in over 160 countries, showcasing a uniquely tailored audio streaming service that features optimized meta-data and curation by fellow music lovers.
In 2019, IDAGIO was chosen by Time as one of the best inventions of the year, further solidifying its position in the market. The platform's Global Concert Hall, introduced in 2020, provides access to live and pre-recorded concerts from renowned artists and ensembles such as Yo-Yo Ma, Emanuel Ax, Zubin Mehta, and more, garnering widespread acclaim for its unique offerings.
One distinguishing factor for IDAGIO is its Fair Pay Model, with up to 80% of net profits from the Global Concert Hall going directly to the performers. Moreover, the audio stream revenue is calculated not by stream but by the second, representing a fairer remuneration model for artists.
The startup's achievements haven't gone unnoticed, as it has received praise from publications such as Gramophone, Vogue, Bloomberg Businessweek, and the Los Angeles Times. Additionally, IDAGIO managed to secure a €10.00M Venture Round investment on 26 September 2018, indicating that investors recognize its potential for growth.
