About SoundCloud
SoundCloud is a company based in Berlin (Germany) founded in 2007 by Alexander Ljung and Eric Quidenus-Wahlforss. It operates as a Freemium. SoundCloud has raised $437.81 million across 10 funding rounds from investors including Ares Capital Corporation, SiriusXM and Kleiner Perkins. SoundCloud has completed 3 acquisitions, including Instinctiv, Musiio and Repost Network. SoundCloud offers products and services including SoundCloud Streaming. SoundCloud operates in a competitive market with competitors including Deezer, Spotify, Qobuz, Napster and Myspace, among others.
- Headquarter Berlin, Germany
- Founders Alexander Ljung, Eric Quidenus-Wahlforss
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$437.81 M (USD)
in 10 rounds
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Latest Funding Round
$75 M (USD), Series F
Feb 11, 2020
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Investors
Ares Capital Corporation
& 13 more
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Employee Count
Employee Count
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Investments & Acquisitions
Instinctiv
& 2 more
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Products & Services of SoundCloud
SoundCloud offers a comprehensive portfolio of products and services, including SoundCloud Streaming. 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.
Music is streamed online for free to users.
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Leadership Team
19 people
Sales and Marketing
14 people
Operations Team
12 people
Product Management Team
11 people
Finance and Accounting
9 people
Software Development Team
8 people
Senior Team
4 people
Legal and Compliance
3 people
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Funding Insights of SoundCloud
SoundCloud has successfully raised a total of $437.81M across 10 strategic funding rounds. The most recent funding activity was a Series F round of $75 million completed in February 2020. 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 10
- Last Round Series F — $75.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series F - SoundCloud | Valuation | Sirius XM |
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| Aug, 2017 | Amount | Series F - SoundCloud | Valuation | Raine , Temasek |
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| Mar, 2017 | Amount | Debt – Venture - SoundCloud | Valuation |
investors |
| 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 SoundCloud
SoundCloud has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Ares Capital Corporation, SiriusXM and Kleiner Perkins. 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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Multiple sectors are targeted through private equity by Raine.
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed for businesses.
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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 SoundCloud
SoundCloud has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Instinctiv, Musiio and Repost Network. 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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AI-based music discovery platform
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2018 | ||||
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Online revenue management, content protection platform for independent artists on SoundCloud
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2015 | ||||
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Music discovery and audio recommendations are facilitated through algorithmic predictions.
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2007 |
| 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 - SoundCloud
| 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 |
Soundcloud Comparisons
Competitors of SoundCloud
SoundCloud 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 Deezer, Spotify, Qobuz, Napster and Myspace, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for on-demand music and radio streaming
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| domain | founded_year | HQ Location |
Music streaming is offered on-demand to global users.
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| domain | founded_year | HQ Location |
On-demand music streaming is provided through subscription services.
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| domain | founded_year | HQ Location |
Napster is recognized for providing music streaming platform solutions.
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| domain | founded_year | HQ Location |
On-demand music streaming and content sharing platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Soundcloud
Frequently Asked Questions about SoundCloud
When was SoundCloud founded?
SoundCloud was founded in 2007.
Where is SoundCloud located?
SoundCloud is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of SoundCloud?
Eliah Seton is the current CEO of SoundCloud.
Is SoundCloud a funded company?
SoundCloud is a funded company, having raised a total of $437.81M across 10 funding rounds to date. The company's 1st funding round was a Debt – Venture of $70M, raised on Jun 01, 2007.
What does SoundCloud do?
Music streaming services are offered by SoundCloud to users globally. The platform enables free access to a vast library of tracks and podcasts. It operates in the digital entertainment sector, focusing on audio content distribution. Solutions are provided for both casual listeners and content creators seeking exposure.
Who are the top competitors of SoundCloud?
What products or services does SoundCloud offer?
SoundCloud offers SoundCloud Streaming.
How many acquisitions has SoundCloud made?
SoundCloud has made 3 acquisitions, including Instinctiv, Musiio, and Repost Network.
Who are SoundCloud's investors?
SoundCloud has 14 investors. Key investors include Ares Capital Corporation, SiriusXM, Kleiner Perkins, Temasek, and Tennenbaum Capital Partners.
What is SoundCloud's valuation?
The valuation of SoundCloud is $700M as of Jun 2016.
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