About Sofar Sounds
Sofar Sounds is a company based in London (United Kingdom) founded in 2010 by Dave Alexander, Rafe Offer, and Rocky Start. It operates as a On-Demand Services. Sofar Sounds has raised $52.46 million across 6 funding rounds from investors including Virgin, Battery Ventures and Union Square Ventures. The company has 203 employees. Sofar Sounds has completed 1 acquisition, including Seated. Sofar Sounds offers products and services including Live Music Events. Sofar Sounds operates in a competitive market with competitors including This Is Good Music, The Engine Shed, Soundclub, Gigco and DefLeppard, among others.
- Headquarter London, United Kingdom
- Employees 203
- Founders Dave Alexander, Rafe Offer, Rocky Start
- Stage Minicorn
- SectorsBusiness Services
- Website category Arts and Entertainment · Music
- Email••••••••
- Website sofarsounds.com
- Social LinkedIn X Facebook
- Legal Name Sofar Sounds Limited
- Date of Incorporation 14 Mar, 2011
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$16.9 M (USD)0as on Dec 31, 2023
- Net Profit-$23.9 M (USD)0as on Dec 31, 2023
- EBITDA-$23.83 M (USD)0as on Dec 31, 2023
- Total Equity Funding$52.46M (USD)
in 6 rounds
- Latest Funding Round$13.3M (USD), Series B
Jan 2021
- InvestorsVirgin
& 4 more
- Employee Count203
- Investments & Acquisitions
Products & Services of Sofar Sounds
Sofar Sounds offers a comprehensive portfolio of products and services, including Live Music Events.
Live music concerts are organized in unique venues.
Funding Insights of Sofar Sounds
Sofar Sounds has successfully raised a total of $52.46M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $13.3 million completed in January 2021. 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 $52.46M
- Total Rounds 6
- Last Round Series B — $13.3M
- First Round $243,923
(Dec 2012)
- Investors Count 5
All 6 funding rounds of Sofar Sounds 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 |
|---|---|---|---|---|---|
| Jan 2021 | $13.3M | Series B | $88.7M | – | – |
| Apr 2019 | $25M | Series B | – | Battery Ventures, Union Square Ventures | |
| Jul 2016 | $9.3M | Angel Round | $32.1M | – | |
| Jan 2015 | $4.6M | Series A | $••••• | – | – |
| Mar 2014 | $11,500 | Seed | $••••• | – | – |
| Dec 2012 | $243,923 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $88.7M | •••••••• |
| Apr 2019 | $19.53M | •••••••• |
| Jul 2016 | $••••• | •••••••• |
| Jan 2015 | $••••• | •••••••• |
| Mar 2014 | $••••• | •••••••• |
Full valuation and stage history of Sofar Sounds
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $88.7M (Jan 2021). 5 investors in total: 4 institutional and 1 angel.
Investors in Sofar Sounds
Sofar Sounds has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Virgin, Battery Ventures and Union Square Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in technology companies are conducted globally by Battery Ventures. | – | battery.com | - | |
Venture capital firm focused on blockchain, wellbeing, and multiple sectors | – | usv.com | New York, United States | |
Venture capital investment and support for founders in technology and health sectors. | – | octopusventures.com | - | |
Investment and holding company | 1970 | virgin.com | London, United Kingdom | |
RB Richard Branson | - | – | unknown_11c0d55c967c46b5a | - |
Investor details for Sofar Sounds
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Sofar Sounds
13 people are tracked at Sofar Sounds (7 in leadership, 6 in team); the tracked headcount is 203.
| Name | Role | Group |
|---|---|---|
Dave Alexander | Co-Founder | Leadership |
Rafe Offer | Co-Founder & Co-CEO | Leadership |
Rocky Start | Co-Founder & Co-CEO | Leadership |
Allison Bond | General Manager | Leadership |
Fitz Holladay | Director | Leadership |
Bastien Poulat | Director Paris | Leadership |
Chyna Brackeen | Managing Director | Leadership |
Mike Ligon | Strategic Partnerships | Team |
Luís Damásio | Sofar Sounds Porto | City Leader | Team |
Georgie Cox | City Leader - Norwich | Team |
Arjuna T | City Leader | Team |
Onusha Dey | City Leader - Delhi NCR | Team |
Boaz Sachs | Country Leader & Brand Ambassador | Team |
Complete people profiles for Sofar Sounds
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Investments & Acquisitions by Sofar Sounds
Sofar Sounds has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Seated.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A platform for early ticket access to live events is offered. | seated.com | New York, United States | 1999 | Feb 2021 | •••• |
Complete acquisition details for Sofar Sounds
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Timeline of Sofar Sounds
5 dated milestones of Sofar Sounds across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Sofar Sounds is founded.
- Funding First funding round of $244K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $13.3M.
- Acquisition Acquires Seated.
Competitors of Sofar Sounds
Sofar Sounds operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as This Is Good Music, The Engine Shed, Soundclub, Gigco and DefLeppard, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tigmus.com | 2014 | London, United Kingdom | $1.11M | 2 | Platform for hosting gigs & selling tickets | |
| engineshed.co.uk | 2006 | Lincoln, United Kingdom | – | – | Hosts live music, club nights, comedy events, and venue hire in Lincoln. | |
| soundclub.com | 2002 | London, United Kingdom | – | – | Functions as an app-based platform for booking tickets to live music events. | |
| gigco.com | 2019 | Sheffield, United Kingdom | $89,630 | – | Blockchain-based platform offering ticketing solutions for live events | |
| defleppard.com | 1997 | Sheffield, United Kingdom | – | – | Rock band offering music releases, tours, news, and merchandise sales. | |
| niteworksband.com | 2011 | United Kingdom | – | – | Music concert tickets are booked through an online platform. |
Detailed competitors of Sofar Sounds
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Web traffic of Sofar Sounds
The website of Sofar Sounds (sofarsounds.com) receives about 256.7K visits a month and ranks #167,260 among all websites worldwide, #1,871 in Music.
- Monthly visits256.7K
▲ 14.5% vs previous month
- Unique visitors99.2K
per month
- Global rank#167,260
among all websites
- Category rank#1,871
Arts and Entertainment · Music
- Bounce rate40%
- Pages per visit3.8
- Average visit2 min 07 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Sofar Sounds. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
open.spotify.com | open.spotify.com | 100% | – | – | – |
oliviadeano.com | oliviadeano.com | 99% | – | #153,890 | – |
| soundcloud.com | 90% | 122.1M | #299 | View details | |
sofar.com | sofar.com | 87% | – | – | – |
mindies.es | mindies.es | 87% | – | #665,399 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sofar Sounds
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
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Latest news on Sofar Sounds
Complete news archive for Sofar Sounds
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Sofar Sounds
10 companies that operate in the same segment as Sofar Sounds (Facility & Event Management Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Live entertainment events and ticketing services are managed worldwide. | 2005 | Beverly Hills, California, United States | – | USD 25.2 B | 16,200 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
Security solutions and business support services are provided globally. | 1998 | Delhi, Delhi, India | USD 54.68 M | USD 1.7 B | 192,810 | |
Elevators, escalators, and moving walkways are manufactured, installed, and serviced. | 1853 | Farmington, United States | – | USD 14.43 B | 72,000 | |
Provider of security solutions with manned guarding, logistics, alarms, cybersecurity, and private security internationally | 1976 | Madrid, Madrid, Spain | – | USD 2.17 B | 56,530 | |
Integrated facility management services are provided to businesses worldwide. | 1901 | Copenhagen, Denmark | – | USD 13.32 B | 326,480 | |
Provider of diversified physical security services | 1901 | London, England, United Kingdom | USD 541 M | – | – | |
Developer, operator, and franchisor of trampoline and active entertainment parks | 2004 | Provo, Utah, United States | – | – | 335 | |
Provider of diversified professional and investment management services | 1976 | Toronto, Ontario, Canada | – | USD 5.67 B | 22,940 | |
Ascential is integrated into Informa Group for B2B events. | 1947 | London, England, United Kingdom | – | USD 256.74 M | 3,611 |
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Frequently Asked Questions about Sofar Sounds
Sofar Sounds was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Sofar Sounds is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Rafe Offer is the current CEO of Sofar Sounds. They have also founded this company.
Sofar Sounds is a funded company, having raised a total of $52.46M across 6 funding rounds to date. The company's 1st funding round was a Seed of $243.92K, raised on Dec 2012.
Sofar Sounds has 203 employees.
Annual revenue of Sofar Sounds is $16.9M as on Dec 31, 2023.
Intimate concerts and music events are organized by Sofar Sounds in unique, often secret locations worldwide. Artists and audiences are connected through live performances in various cities. The focus is placed on creating meaningful experiences within the entertainment sector, emphasizing discovery of new music and artists.
Sofar Sounds's top competitors include This Is Good Music, Niteworks and Gigco.
Sofar Sounds offers Live Music Events.
Sofar Sounds has made 1 acquisition, including Seated.
Sofar Sounds has 5 investors. Key investors include Virgin, Battery Ventures, Union Square Ventures, Octopus Ventures, and Richard Branson.
The valuation of Sofar Sounds is $88.7M as of Jan 2021.