About Sonos
Sonos is a company based in Santa Barbara (United States) founded in 2002.. Sonos has raised $296.25 million across 8 funding rounds from investors including KKR, HHS and Index Ventures. The company has 1,710 employees as of September 30, 2024. Sonos has completed 6 acquisitions, including Mayht, RHA Audio and Snips. Sonos offers products and services including Arc Ultra, Sub 4, Sonos Ace, Era 300, and Era 100. Sonos operates in a competitive market with competitors including WiSA Technologies, Comhear, Syng, U-Turn Audio and Fugoo, among others.
- Headquarter Santa Barbara, United States
- Employees 1710 as on 30 Sep, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sonos, Inc.
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Annual Revenue
$1.52 B-8.29as on Sep 30, 2024
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Net Profit
$-38.15 M-271.29as on Sep 30, 2024
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EBITDA
$23.57 M-69.4as on Sep 30, 2024
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Total Equity Funding
$296.25 M (USD)
in 8 rounds
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Latest Funding Round
$130 M (USD), Series E
Dec 02, 2014
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Investors
KKR
& 5 more
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Employee Count
1710
as on Sep 30, 2024
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Investments & Acquisitions
Mayht
& 5 more
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IPO & Listings of Sonos
Sonos is a publicly listed company on the NASDAQ with ticker symbol SONO in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sonos
Sonos offers a comprehensive portfolio of products and services, including Arc Ultra, Sub 4, Sonos Ace, Era 300, and Era 100. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced soundbar for immersive home theater audio.
Wireless subwoofer enhancing bass in sound systems.
Noise-cancelling headphones for personal audio experiences.
Premium speaker with spatial audio for room-filling sound.
Compact speaker for kitchen or everyday streaming.
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Product Management Team
43 people
Software Development Team
35 people
Senior Team
32 people
Sales and Marketing
30 people
Finance and Accounting
26 people
Leadership Team
25 people
Creative and Marketing Team
25 people
Operations Team
10 people
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Funding Insights of Sonos
Sonos has successfully raised a total of $296.25M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $130 million completed in December 2014. 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 Total Funding
- Total Rounds 8
- Last Round Series E — $130.0M
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First Round
First Round
(26 Jan 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Series E - Sonos | Valuation |
investors |
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| Dec, 2013 | Amount | Series D - Sonos | Valuation |
investors |
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| Jul, 2012 | Amount | Series D - Sonos | Valuation | KKR , Redpoint Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sonos
Sonos has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, HHS and Index Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sonos
Sonos has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Mayht, RHA Audio and Snips. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IT support and consulting services are provided to clients.
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2018 | ||||
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Wireless home audio systems and speakers are manufactured.
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2016 | ||||
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Voice platform for OEMs and enterprises to add voice capabilities to solutions
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sonos
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sonos Comparisons
Competitors of Sonos
Sonos 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 WiSA Technologies, Comhear, Syng, U-Turn Audio and Fugoo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of smart home audio systems
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| domain | founded_year | HQ Location |
Digital audio wearable technologies are offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category speakers for streaming media are offered online by Syng.
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| domain | founded_year | HQ Location |
Turntables and accessories are sold online by U-Turn Audio.
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| domain | founded_year | HQ Location |
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sonos
Frequently Asked Questions about Sonos
When was Sonos founded?
Sonos was founded in 2002 and raised its 1st funding round 3 years after it was founded.
Where is Sonos located?
Sonos is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
Is Sonos a funded company?
Sonos is a funded company, having raised a total of $296.25M across 8 funding rounds to date. The company's 1st funding round was a Series D of $99M, raised on Jan 26, 2005.
How many employees does Sonos have?
As of Sep 30, 2024, the latest employee count at Sonos is 1,710.
What is the annual revenue of Sonos?
Annual revenue of Sonos is $1.52B as on Sep 30, 2024.
What does Sonos do?
Sonos was founded in 2002 in Santa Barbara, United States, as an internet-first brand in the audio equipment sector. A range of speakers, home theaters, and portable models is offered, alongside accessories including stands, mounts, chargers, cables, and turntables. WiFi connectivity, Bluetooth pairing, and water resistance are integrated into the speakers. Operations focus on multi-functional audio solutions distributed primarily online.
Who are the top competitors of Sonos?
Sonos's top competitors include WiSA Technologies, Syng and Comhear.
What products or services does Sonos offer?
Sonos offers Arc Ultra, Sub 4, Sonos Ace, Era 300, and Era 100.
Is Sonos publicly traded?
Yes, Sonos is publicly traded on NASDAQ under the ticker symbol SONO.
How many acquisitions has Sonos made?
Who are Sonos's investors?
Sonos has 6 investors. Key investors include KKR, HHS, Index Ventures, Redpoint Ventures, and Elevation Partners.
What is Sonos's ticker symbol?
The ticker symbol of Sonos is SONO on NASDAQ.
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