About Soundstr
Soundstr is a company based in Cincinnati (United States) founded in 2014 was acquired by VNUE in February 2018.. Soundstr has raised $1.14 million across 5 funding rounds from investors including Gracenote, VNUE and Accelerant Dayton. Soundstr offers products and services including Music Identification System, Reporting Tool, Analytics Platform, Beacons System, and Advertising Network. Soundstr operates in a competitive market with competitors including Epidemic Sound, Songtradr, 7digital, Broadcast Music and Tracklib, among others.
- Headquarter Cincinnati, United States
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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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- Legal Name Musicplay Analytics, Llc
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Products & Services of Soundstr
Soundstr offers a comprehensive portfolio of products and services, including Music Identification System, Reporting Tool, Analytics Platform, Beacons System, and Advertising Network. 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.
Technology that identifies music broadcast in businesses.
Provides emailed breakdowns of music performances in venues.
Helps understand where songs are played in real-world settings.
Uses Bluetooth for advertisers to engage fans in venues.
Enables broadcasting ads at events to generate extra income.
Funding Insights of Soundstr
Soundstr has successfully raised a total of $1.14M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in November 2016. 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 5
- Last Round Seed — $1.1M
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First Round
First Round
(01 Jun 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2016 | Amount | Seed - Soundstr | Valuation | CincyTech | |
| May, 2016 | Amount | Seed - Soundstr | Valuation |
investors |
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| May, 2016 | Amount | Debt – Conventional - Soundstr | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Soundstr
Soundstr has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Gracenote, VNUE and Accelerant Dayton. 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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CincyTech is engaged in venture capital investments for innovative startups.
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Digital media recognition solutions are provided for content management.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Soundstr
| 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 |
Financial Statements - Soundstr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Soundstr Comparisons
Competitors of Soundstr
Soundstr 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 Epidemic Sound, Songtradr, 7digital, Broadcast Music and Tracklib, 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 |
Music is licensed via a cloud-based platform for professional use.
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| domain | founded_year | HQ Location |
Music and sound are licensed online for commercial purposes.
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Media content provider for streaming platforms
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| domain | founded_year | HQ Location |
Music rights are represented and royalties distributed to creators.
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| domain | founded_year | HQ Location |
Tracks are discovered, bought, and licensed via an online marketplace.
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Blockchain technology is utilized for managing creative rights in music.
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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 Soundstr
Frequently Asked Questions about Soundstr
When was Soundstr founded?
Soundstr was founded in 2014.
Where is Soundstr located?
Soundstr is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Is Soundstr a funded company?
Soundstr is a funded company, having raised a total of $1.14M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $510.27K, raised on Jun 01, 2014.
What does Soundstr do?
Soundstr was founded in 2014 in Cincinnati, United States, as a platform in the music analytics sector. Services are offered to venues, brands, and artistslabels, including precise detection of music elements through an integrated Gracenote library. Fairer music license fees are enabled based on actual usage, while marketing and advertising opportunities are provided for brands and venues. Analytics are supplied to identify live and recorded music performances.
Who are the top competitors of Soundstr?
Soundstr's top competitors include Epidemic Sound, Songtradr and Broadcast Music.
What products or services does Soundstr offer?
Soundstr offers Music Identification System, Reporting Tool, Analytics Platform, Beacons System, and Advertising Network.
Who are Soundstr's investors?
Soundstr has 5 investors. Key investors include Gracenote, VNUE, Accelerant Dayton, CincyTech, and The Brandery.
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