About FRESHSOUND
FRESHSOUND is a Media & Entertainment company based in Stockholm (Sweden) founded in 2000 by Stephen Gyasi. Music licensing is enabled through a self-serve online platform. FRESHSOUND has raised $2.78 million across 2 funding rounds from investors including Zenith, Aligned VC and Kristina Tunkrans. Its chief executive, as recorded, is Stephen Gyasi. Its focus areas include Consumer, Music Tech, Music Artist IT and Copyrights Management. Its competitors include Epidemic Sound and Tracklib; 2 of its 2 listed competitors have raised funding.
Company details
FRESHSOUND was established in 2000 in Stockholm, Sweden, as a platform in the music technology sector. A self-serve portal is operated to allow users to license tracks for projects, supported by a marketplace for original music. Automated pre-cleared licensing technology is utilized to streamline the process. Services are directed toward content creators and media producers seeking accessible music rights.
- Headquarters Stockholm, Sweden
- Founders Stephen Gyasi
- SectorsMedia & Entertainment
- Website freshsound.com
- Social LinkedIn
- Total Equity Funding$2.78M (USD)
in 2 rounds
- Latest Funding Round$1.43M (USD), Seed
May 2023
- InvestorsZenith
& 9 more
Funding Insights of FRESHSOUND
FRESHSOUND has successfully raised a total of $2.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.43 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.78M
- Total Rounds 2
- Last Round Seed — $1.43M
- First Round $1.36M
(Jul 2022)
- Investors Count 10
All 2 funding rounds of FRESHSOUND with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $1.43M | Seed | – | Zenith | |
| Jul 2022 | $1.36M | Seed | – | Aligned Partners Venture Services |
10 investors in total: 3 institutional and 7 angel.
Investors in FRESHSOUND
FRESHSOUND has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Zenith, Aligned VC and Kristina Tunkrans.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| zenith.vc | ||||
Pre-seed and seed investments are made by Aligned across industries. | alignedvc.se | Stockholm, Sweden | ||
Early-stage US tech investments are made by Aligned Partners. | alignedvc.com | Menlo Park, United States | ||
KT Kristina Tunkrans | unknown_b8bf3efe3b004a7bb | |||
ES Erik Segerborg | unknown_ed7a2195e1af4738a | |||
GN Gustav Nordlindh | unknown_b40572ede36143419 | |||
WO William Olsson | unknown_8a4e95f9fa004363a | |||
SP Shiv Prakash | unknown_90973dc76a524028b | |||
KF Kim Fai Kok | unknown_049810cb13c941969 | |||
DG Dara Gill | Angel investor, ex-Google, focusing on early-stage Indian startups | unknown_8e4f6ea6ac5e449da |
Investor details for FRESHSOUND
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of FRESHSOUND
8 people are tracked at FRESHSOUND (5 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Stephen Gyasi | Co-Founder & CEO | Leadership |
Helen McLaughlin | Head of Music Catalogue | Leadership |
Stevie G. | Co-founder & CEO | Leadership |
Tommie Jakobsson | Head of Tech | Leadership |
Johannes Fridd | Head of Product | Leadership |
Haben André Casey | Client Curation Associate | Team |
Martin N. | Full Stack Developer | Team |
Ross Livingstone | Onboarding Specialist | Team |
Complete people profiles for FRESHSOUND
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Timeline of FRESHSOUND
3 dated milestones of FRESHSOUND across 23 years, from founding to its latest funding, stage changes and deals.
- Founded FRESHSOUND is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Seed, of $1.4M.
Competitors of FRESHSOUND
FRESHSOUND has 2 listed competitors in our database, 2 of them funded. They include Epidemic Sound and Tracklib.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| epidemicsound.com | 2009 | Stockholm, Sweden | $476M | Music is licensed via a cloud-based platform for professional use. | ||
| tracklib.com | 2014 | Stockholm, Sweden | $23.17M | Tracks are discovered, bought, and licensed via an online marketplace. |
Detailed competitors of FRESHSOUND
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- Full competitor set
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Top companies in Music Tech
3 companies that operate in the same segment as FRESHSOUND (Music Tech) in Sweden, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Music streaming is offered on-demand to global users. | 2006 | Stockholm, Stockholm County, Sweden | USD 2.06 B | USD 19.4 B | 19,363 | |
Music streaming solutions for businesses are provided. | 2014 | Stockholm, Sweden | USD 54.62 M | |||
Music is licensed via a cloud-based platform for professional use. | 2009 | Stockholm, Stockholm County, Sweden | USD 476 M | 633 |
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Related news about Freshsound
Complete news archive for FRESHSOUND
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Frequently Asked Questions about FRESHSOUND
FRESHSOUND was founded in 2000 and raised its 1st funding round 22 years after it was founded.
FRESHSOUND is headquartered in Stockholm, Sweden.
Stephen Gyasi is the CEO of FRESHSOUND, as recorded in our data. They have also founded this company.
FRESHSOUND is a funded company, having raised a total of $2.78M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.36M, raised on Jul 2022.
FRESHSOUND was established in 2000 in Stockholm, Sweden, as a platform in the music technology sector. A self-serve portal is operated to allow users to license tracks for projects, supported by a marketplace for original music. Automated pre-cleared licensing technology is utilized to streamline the process. Services are directed toward content creators and media producers seeking accessible music rights.
FRESHSOUND's top competitors include Epidemic Sound and Tracklib.
FRESHSOUND has 10 investors. Key investors include Zenith, Aligned VC, Kristina Tunkrans, Erik Segerborg, and Gustav Nordlindh.