About Sonantic
Sonantic is a Media & Entertainment company based in London (United Kingdom) founded in 2018, and was acquired by Spotify in June 2022. AI-based text-to-speech solutions are provided for various voices and languages. It operates in the Media & Entertainment and Technology sectors. Sonantic has raised $6.88 million across 3 funding rounds from investors including Spotify, Bart Swanson and AME Cloud Ventures. The company has 11 employees. Sonantic offers products and services including Spotify App and Audiobooks Service. Its focus areas include Gaming, Gaming Tech, Development and Human like Voice. Its legal entity is SONANTIC LIMITED.
Company details
Sonantic was founded in 2018 in London, United Kingdom, within the AI and speech technology sector. A platform is operated where text inputs are converted to speech using AI algorithms that emulate human-like patterns. Services include generation of audio in multiple voices and languages. Operations focus on delivering these text-to-speech capabilities to users seeking realistic voice synthesis.
- Headquarters London, United Kingdom
- Employees 11
- Stage Acquired
- SectorsMedia & EntertainmentTechnology
- Email••••••••
- Website sonantic.io
- Social LinkedIn X
- Acquired by Spotify (Jun 2022)
- Legal Name Sonantic Limited
- Date of Incorporation 10 Dec, 2018
- Jurisdiction LONDON, UNITED KINGDOM
Products & Services of Sonantic
Sonantic offers a comprehensive portfolio of products and services, including Spotify App and Audiobooks Service.
Application for streaming music and podcasts on various devices.
Feature for accessing narrated books through subscriptions.
Funding Insights of Sonantic
Sonantic has successfully raised a total of $6.88M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.33 million completed in July 2022. 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 $6.88M
- Total Rounds 3
- Last Round Series A — $4.33M
- First Round $2.55M
(Jul 2019)
- Investors Count 5
All 3 funding rounds of Sonantic 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 |
|---|---|---|---|---|---|
| Jul 2022 | $4.33M | Series A | – | – | – |
| Jun 2020 | Seed | – | – | ||
| Jul 2019 | $2.55M | Seed | – | EQT Ventures |
6 investors in total: 5 institutional and 1 angel.
Investors in Sonantic
Sonantic has secured backing from 6 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Spotify, Bart Swanson and AME Cloud Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AME Cloud Ventures is focused on investing in data-driven technology companies. | amecloudventures.com | Palo Alto, United States | ||
Provider of a program turning individuals into funded technology company founders | joinef.com | London, United Kingdom | ||
Venture capital investments in technology and innovation sectors. | eqtventures.com | |||
EQT is recognized as a global investment organization focused on value creation. | eqtgroup.com | |||
Music streaming is offered on-demand to global users. | 2006 | spotify.com | Stockholm, Sweden | |
BS Bart Swanson | Angel investor, advisor, ex-Amazon exec, focused on Indian startups | unknown_a3ebfd6e7fec4e23b |
Investor details for Sonantic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Sonantic
14 people are tracked at Sonantic (2 in leadership, 10 in board & advisors, 2 in team); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Dustee Jenkins | Chief Public Affairs Officer | Leadership |
Daniel Ek | Co-Founder & Executive Chairman | Leadership |
Christopher Marshall | Director | Board & advisors |
Thomas Staggs | Director | Board & advisors |
Kelly Bennett | Advisor to the CEO | Board & advisors |
Ted Sarandos | Director | Board & advisors |
Mona Sutphen | Director | Board & advisors |
Barry McCarthy | Director | Board & advisors |
Heidi O’Neill | Director | Board & advisors |
Shishir Mehrotra | Director | Board & advisors |
Padmasree Warrior | Director | Board & advisors |
Martin Lorentzon | Co-founder & Director | Board & advisors |
Kimberly Letzler | Strategy & Operations Manager, Public Affairs | Team |
Erin Styles | Public Affairs, Communications & PR Lead | Team |
Complete people profiles for Sonantic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Sonantic
4 dated milestones of Sonantic across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Sonantic is founded.
- Funding First funding round of $2.6M.
- Exit Acquired by Spotify.
- Funding Latest funding round, Series A, of $4.3M.
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Frequently Asked Questions about Sonantic
Sonantic was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Sonantic is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sonantic is a funded company, having raised a total of $6.88M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.55M, raised on Jul 2019.
Sonantic has 11 employees.
Sonantic was founded in 2018 in London, United Kingdom, within the AI and speech technology sector. A platform is operated where text inputs are converted to speech using AI algorithms that emulate human-like patterns. Services include generation of audio in multiple voices and languages. Operations focus on delivering these text-to-speech capabilities to users seeking realistic voice synthesis.
Sonantic offers Spotify App and Audiobooks Service.
Sonantic has 6 investors. Key investors include Spotify, Bart Swanson, AME Cloud Ventures, Entrepreneur First, and EQT Ventures.
Sonantic operates through Sonantic Limited.
Yes. Sonantic was acquired by Spotify in June 2022.