About Sonic Ai
Sonic Ai is a Media & Entertainment company based in United States founded in 2016 by Steven Goldstein. Technology for music streaming and audio content delivery is provided. Sonic Ai has raised $29.09 million across 1 funding round from investors including InnoVen Capital and Addor Capital. The company has 17 employees. Its focus areas include Consumer, Music Tech, Streaming and Players. Its legal entity is SONIC AIR SYSTEMS INC. Its competitors include Roon and Winamp.
Company details
Sonic AI was founded in 2016 in the United States as a provider of technology focused on music streaming. Operations center on devices akin to Alexa, which support FMAM radio, satellite broadcasting, podcasting, and integration with mobile apps and websites. Content delivery is facilitated to aid skill improvement, incorporating features such as navigation tools, multi-language options, and audio guidance.
- Headquarters United States
- Employees 17
- Founders Steven Goldstein
- SectorsMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website sonicai.com
- Legal Name Sonic Air Systems Inc
- Total Equity Funding$29.09M (USD)
in 1 rounds
- Latest Funding Round$29.09M (USD), Series B
Jan 2019
- InvestorsInnoVen Capital
& 1 more
- Employee Count17
Funding Insights of Sonic Ai
Sonic Ai has successfully raised a total of $29.09M through 1 strategic funding round. The most recent funding activity was a Series B round of $29.09 million completed in January 2019. 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 $29.09M
- Total Rounds 1
- Last Round Series B — $29.09M
- First Round $29.09M
(Jan 2019)
- Investors Count 2
All 1 funding rounds of Sonic Ai 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 2019 | $29.09M | Series B | – | Addor Capital |
2 investors in total: 2 institutional.
Investors in Sonic Ai
Sonic Ai has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include InnoVen Capital and Addor Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made by Addor Capital in early-stage technology companies. | addorcapital.com | Nanjing, China | ||
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India |
Investor details for Sonic Ai
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People of Sonic Ai
1 people are tracked at Sonic Ai (1 in leadership); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
Steven Goldstein | Co-Founder | Leadership |
Complete people profiles for Sonic Ai
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Timeline of Sonic Ai
2 dated milestones of Sonic Ai across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Sonic Ai is founded.
- Funding First funding round of $29.1M.
Competitors of Sonic Ai
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| roon.app | 2015 | Westchester County, United States | 23 | Music playback software is provided for streaming and data enrichment. | ||
| winamp.com | 1996 | Virginia, United States | Online media player application |
Detailed competitors of Sonic Ai
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Top companies in Music Tech
3 companies that operate in the same segment as Sonic Ai (Music Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | |||
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | 44 | ||
Music creation and collaboration are enabled through an online platform. | 2013 | New York, New York, United States | USD 164.5 M |
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Frequently Asked Questions about Sonic Ai
Sonic Ai was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Sonic Ai is headquartered in United States.
Sonic Ai is a funded company, having raised a total of $29.09M across 1 funding round to date. The company's 1st funding round was a Series B of $29.09M, raised on Jan 2019.
Sonic Ai has 17 employees.
Sonic AI was founded in 2016 in the United States as a provider of technology focused on music streaming. Operations center on devices akin to Alexa, which support FMAM radio, satellite broadcasting, podcasting, and integration with mobile apps and websites. Content delivery is facilitated to aid skill improvement, incorporating features such as navigation tools, multi-language options, and audio guidance.
Sonic Ai has 2 investors. Key investors include InnoVen Capital, and Addor Capital.
Sonic Ai operates through Sonic Air Systems Inc.