SoundCloud was founded in 2007 and is headquartered in Berlin, DE
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Key People/Management at SoundCloud
Kerry Trainor
CEO
Mike Weissman
COO
Alexander Ljung
Co-Founder and Chief Product Officer
Eric Wahlforss
Chief Product Officer
Faye Iosotaluno
Vice President, Strategy & Business Development
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SoundCloud Office Locations
SoundCloud has offices in Greater London, Berlin and New York
Berlin, DE (HQ)
Rheinsberger Strasse 76/77
Greater London, GB
Berners House, 47-48 Berners Street
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SoundCloud Financials and Metrics
Summary Metrics
Founding Date | 2007 |
Total Funding | $467 m |
Latest funding size | $169.50 m |
Time since last funding | 8 months ago |
Investors | Index Ventures, Eniac Ventures, The Chernin Group, Doughty Hanson Technology Ventures, Temasek Holdings, Twitter Ventures, The Raine Group, Davidson Technology Growth Debt Fund, Kleiner Perkins Caufield & Byers, IVP (Institutional Venture Partners), Ares Capital Corporation, GGV, Union Square Ventures, Kreos Capital, Atlantic Labs, Tennenbaum Capital Partners |
SoundCloud's latest funding round in August 2017 was reported to be $169.5 m. In total, SoundCloud has raised $467 m. SoundCloud's latest valuation is reported to be $700 m.
SoundCloud Financials
SoundCloud's revenue was reported to be €28 m in FY, 2016 which is a 32.5% increase from the previous period.
| EUR | |
|---|---|
Revenue (FY, 2016) | 28 m |
Revenue growth (FY, 2015 - FY, 2016), % | 32.5% |
Market valuation | 700 m |
Cash (31-Dec-2015) | 13.2 m |
| EUR | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash | 46.3 m | 14.8 m | 13.2 m |
Accounts Receivable | 408 k | 1.8 m | 2 m |
Current Assets | 47.2 m | 21.7 m | 25.9 m |
PP&E | 3.4 m | 6.6 m | 6.2 m |
| EUR | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash From Operating Activities | (15.1 m) | (27.9 m) | (37.9 m) |
Cash From Investing Activities | (1.8 m) | (5.4 m) | (2.9 m) |
Cash From Financing Activities | 45.8 m | 2.1 m | 41.7 m |
Net Change in Cash | 28.9 m | (31.4 m) | (1.6 m) |
| EUR | Y, 2016 |
|---|---|
Revenue/Employee | 51.3 k |
SoundCloud Operating Metrics
SoundCloud's Monthly Viewers was reported to be 175 m in Nov, 2017. SoundCloud's Monthly Unique Users was reported to be 25.7 m in Mar, 2017.
SoundCloud Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| SoundCloud Limited | ||
| Instinctiv | May 01, 2012 | $10 m |
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SoundCloud News and Updates
January 09, 2018
Someone just asked Prince Harry if he could DJ the royal wedding in such a smooth way
Meghan Markle and Prince Harry made a royal appearance at Reprezent Radio on Tuesday to learn a bit more about the youth-focused creative programs at the station, but during their visit, they might have inadvertently also checked something off their wedding planning list.
Jevanni Letford, a DJ an…
December 12, 2017
To fix SoundCloud, it must become the anti-Spotify
Startups die by suicide, not competition. It wasn’t that anyone was stealing SoundCloud’s underground rappers, bedroom remixers and garage bands. SoundCloud stumbled because it neglected these hardcore loyalists as it wrongly strove to usurp Spotify as the streaming home of music’s superstars. Read…
October 16, 2017
Radio group Global acquires US firm AudioHQ to further build its audio ad platform
UK radio group Global, the owners of Heart and Classic FM, has acquired US company AudioHQ, which will be integrated into its DAX audio advertising platform. No terms were disclosed. The acquisition marks Global’s entry into the US market with offices in New York, LA, Chicago, and Detroit and AudioH…
October 09, 2017
SoundCloud competitor MixCloud just signed its first major label deal–but is a business model possible?
MixCloud just became the latest music-streaming startup to begin inking licensing deals with the major labels. The user-uploaded radio and mixtape site just signed on with Warner Music, signaling a move toward some kind of more on-demand music service. (Until now, MixCloud has operated more like an …
August 16, 2017
SoundCloud is still alive—and that’s bad news for musicians
Audio streaming website SoundCloud has survived its do or die moment. In the face of serious financial trouble, it secured $169.5 million of investment from…
August 14, 2017
PE HUB Podcast Ep. 3 – Healthcare, preferred equity and JJ Jelincic
Sarah Pringle joins Chris Witkowsky and Sam Sutton to discuss trends she's covering in healthcare M&A. Then, the PE HUB team discusses Chris's story about a preferred equity investment in SunTx Capital's first fund. Concluding the podcast, Sam interviews CalPERS Board Member JJ Jelincic, who has…
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