About Soundtrap
Soundtrap is a company based in Stockholm (Sweden) founded in 2012 was acquired by Spotify in November 2017. Soundtrap has raised $8.5 million across 4 funding rounds from investors including Spotify, Industrifonden and Peter Sterky. Soundtrap operates in a competitive market with competitors including BandLab, Splice, Vampr, Boombox and Pibox, among others.
- Headquarter Stockholm, Sweden
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Media & Entertainment
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People of Soundtrap
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Funding Insights of Soundtrap
Soundtrap has successfully raised a total of $8.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in October 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.
Investors in Soundtrap
Soundtrap has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Spotify, Industrifonden and Peter Sterky.
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Investments in deep-tech, life sciences, and transformative tech are managed.
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Music streaming is offered on-demand to global users.
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Peter Sterky |
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Investor details for Soundtrap
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Investments & Acquisitions by Soundtrap
Investment portfolio details for Soundtrap
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Financial Statements - Soundtrap
Detailed financials for Soundtrap
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Soundtrap Comparisons
Peer comparison for Soundtrap
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Competitors of Soundtrap
Soundtrap 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 BandLab, Splice, Vampr, Boombox and Pibox, among others.
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A cloud-based platform enables music creation and user collaboration.
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Music creation and collaboration are enabled through an online platform.
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Music collaboration is enabled via an app-based platform for users.
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Cloud-based music collaboration and file management solutions are provided.
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Cloud-based music collaboration and sharing platform is offered.
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Detailed competitors of Soundtrap
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Latest news on Soundtrap
Complete news archive for Soundtrap
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Frequently Asked Questions about Soundtrap
Soundtrap was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Soundtrap is headquartered in Stockholm, Sweden.
Soundtrap is a funded company, having raised a total of $8.5M across 4 funding rounds to date.
Soundtrap was established in 2012 in Stockholm, Sweden, within the music technology sector. A web-based recording studio is provided for users to capture audio performances, voice tracks, and mixes collaboratively with others. Educational features are included for school settings. Access is supported across Mac, Windows, iOS, Android, Linux, and Chromebooks, with revenue derived from in-app purchases.
Soundtrap has 3 investors. Key investors include Spotify, Industrifonden, and Peter Sterky.