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The $1 billion valuation for Shazam is surprising considering the company earned only 31 million British pounds in 2013 and reported a net loss of 2 million British pounds.

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- People with electronic devices such as a phone, computer, smart watch, tabloid etc.
- People interested in music
- People all over the world

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Shazam is already one of the more popular music-related apps in the world, having been downloaded over 500 million times according to the company. Of those half a billion downloads, one hundred million are active, once-a-month users.

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Shazam was founded by the 4 entrepreneurs: Chris Barton, Dhiraj Mukherjee, Philip Engelbrecht and Avery Wang.