Napster
PrivateLast Round
Private Equity
Nov 23, 2025
Est. Valuation
$12B
Total Funding Raised
$8.9M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Napster is an artificial intelligence company that provides a platform for creating and deploying immersive digital experiences and AI agents.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, Customer Experience, Content Creation
Business Model
B2C
Customer Profile
Subscription SaaS, Usage-Based SaaS, Freemium, Hardware + Subscription, Hardware Sales
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Napster Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Napster Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Equity | Nov 23, 2025 | ||||
| M&A | Mar 25, 2025 | ||||
| VC Round | Jan 1, 2025 | ||||
| VC Round | Jul 9, 2024 | ||||
| Take Private | May 10, 2022 | ||||
Convertible Debt | Feb 8, 2021 |
Key People
Founding team and executive leadership
Amish Shah
Co-Founder, Chief Business, Strategy And Investment Officer, Board Of Director, Chief Investment And Strategy Officer, Board Of Directors
Napster Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Hivemind Capital Partners | Take Private |
| BH Digital | Take Private |
| G20 Ventures | Take Private |
| Borderless Capital | Take Private |
| Nice & Green | Convertible Debt |
| SkyBridge Capital | Take Private |
| RSE Ventures | Take Private |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 1, 2026
Open roles increased to 64, 21.3x the trailing average.
- Jan 29, 2026
Presented at CES and launched the new Napster Station product.
Napster Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Napster's valuation, stock price, and market status.