SoundCloud

OverviewSuggest Edit

SoundCloud is an online audio distribution platform that enables its users to upload, promote, and share their originally-created sounds. The platform can be used by music and audio creators to both share and monetize the content with a global audience, as well as receive detailed statistics and feedback from the platform community.

TypePrivate
Founded2007
HQBerlin, DEMap
Websitesoundcloud.com
Employee Ratings4More
Culture scoreA+More
View Jobs (15)

Recent NewsAll News

Latest Updates

Employees (est.) (May 2020)1,287(+3%)
Job Openings15
Revenue (FY, 2017)€90.7 M(+81%)

Key People/Management at SoundCloud

Kerry Trainor

Kerry Trainor

CEO
Mike Weissman

Mike Weissman

President
Alexander Ljung

Alexander Ljung

Founder and Chairman
Eric Wahlforss

Eric Wahlforss

Founder and Chief Product Officer
Show more

SoundCloud Office Locations

SoundCloud has offices in Berlin, New York, Cardiff and London
Berlin, DE (HQ)
Rheinsberger Strasse 76/77
Cardiff, GB
Crown Way
London, GB
20 Old Bailey, Farringdon
New York, US
71 5th Ave 5th Floor
Show all (4)

SoundCloud Financials and Metrics

Summary Metrics

Founding Date

2007

SoundCloud total Funding

$542.8 m

SoundCloud latest funding size

$75 m

Time since last funding

4 months ago

SoundCloud investors

Index Ventures, Eniac Ventures, GGV Capital, The Chernin Group, Union Square Ventures, Kreos Capital, Temasek Holdings, The Raine Group, Ares Capital Corporation, Tennenbaum Capital Partners, Twitter Ventures, IVP (Institutional Venture Partners), Davidson Technology Growth Debt Fund, GGV, Kleiner Perkins C & B, Doughty Hanson & Co, SiriusXM
SoundCloud's latest funding round in February 2020 was reported to be $75 m. In total, SoundCloud has raised $542.8 m. SoundCloud's latest valuation is reported to be $700 m.
View all funding rounds

SoundCloud Revenue

Embed Graph
View revenue for all periods
SoundCloud's revenue was reported to be €90.66 m in FY, 2017 which is a 80.3% increase from the previous period.
USD

Revenue (Q4, 2019)

200.0m

Market valuation

700.0m

Cash (31-Dec-2017)

62.9m
Annual
EURFY, 2015FY, 2016FY, 2017

Revenue

21.1m50.3m90.7m

Revenue growth, %

22%138%80%

Cost of goods sold

9.8m36.1m66.6m

Gross profit

11.3m14.2m24.0m
Quarterly
USDQ4, 2019

Revenue

200.0m
show all
EURFY, 2015FY, 2016FY, 2017

Cash

13.2m13.2m62.9m

Accounts Receivable

2.0m4.9m9.1m

Current Assets

25.9m61.5m114.2m

PP&E

6.2m4.7m3.2m
show all
EURFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(51.2m)(74.8m)(63.8m)

Depreciation and Amortization

3.1m3.1m3.0m

Accounts Payable

6.9m12.5m4.0m

Cash From Operating Activities

(15.1m)(27.9m)(37.9m)(58.1m)(53.3m)
show all
USDY, 2019

Revenue/Employee

146.4k
Show all financial metrics

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.
Aug, 2016Mar, 2017Jul, 2017Nov, 2017Dec, 2017May, 2019

Monthly Viewers

175 m175 m175 m

Tracks

135 m170 m200 m

Monthly Unique Users

25.70 m

Monthly Sessions per User (US)

9
Show all operating metrics

SoundCloud Acquisitions / Subsidiaries

Company NameDateDeal Size
Repost NetworkMay 27, 2019
Instinctiv May 01, 2012$10 m
SoundCloud Limited

SoundCloud Revenue Breakdown

Embed Graph

SoundCloud revenue breakdown by geographic segment: 69.3% from USA and 30.7% from Europe & Other

SoundCloud Online and Social Media Presence

SoundCloud's Trends

Embed Graph

SoundCloud Company Culture

  • Overall Culture

    A+

    88/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A

    84/100

  • Diversity

    A+

    93/100

Learn more on Comparably

SoundCloud News and Updates

February 12, 2020

SoundCloud raises $75M from SiriusXM

Comments
February 11, 2020

Daily Crunch: SiriusXM backs SoundCloud

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Music streaming pioneer SoundCloud raises $75M from Pandora owner SiriusXM The deal with SiriusXM is a pos…
February 11, 2020

Music streaming pioneer SoundCloud raises $75M from Pandora owner SiriusXM

SoundCloud, the music streaming company that has at times been described as the “YouTube of audio” because of its profusion of user-generated content, has some big, strategic investment news today. The company has raised another $75 million in funding, this time from the satellite radio giant Sirius…
February 06, 2020

Elon Musk took a victory lap after his weird EDM song broke the top 10 on SoundCloud

Elon Musk's song "Don't Doubt ur Vibe" made SoundCloud's top 10, joining the likes of Roddy Ricch and the late Juice WRLD. The song has 2.6 million streams after being released on the platform less than a week ago. In light of his new SoundCloud fame, the tech giant changed his Twitter bio to "Sou…
January 31, 2020

Elon Musk just released an EDM track on Soundcloud

Elon Musk has never been afraid of exploring new territory and has today released his first electronic dance music (EDM) [...] The post Elon Musk just released an EDM track on Soundcloud appeared first on CityAM.
January 31, 2020

Elon Musk just dropped an EDM track on SoundCloud

Friday typically brings a bunch of new music releases, but this Friday’s new drops includes a new track from an unlikely source – Elon Musk . The SpaceX and Tesla CEO said earlier this week he had written a new song called “Don’t doubt yer vibe,” to be released on “Emo G Records,” but as […]
Show more

 SoundCloud Frequently Asked Questions

  • When was SoundCloud founded?

    SoundCloud was founded in 2007.

  • Who are SoundCloud key executives?

    SoundCloud's key executives are Kerry Trainor, Mike Weissman and Alexander Ljung.

  • How many employees does SoundCloud have?

    SoundCloud has 1,287 employees.

  • What is SoundCloud revenue?

    Latest SoundCloud annual revenue is €90.7 m.

  • What is SoundCloud revenue per employee?

    Latest SoundCloud revenue per employee is €70.4 k.

  • Who are SoundCloud competitors?

    Competitors of SoundCloud include TIDAL, Bandcamp and Napster.

  • Where is SoundCloud headquarters?

    SoundCloud headquarters is located at Rheinsberger Strasse 76/77, Berlin.

  • Where are SoundCloud offices?

    SoundCloud has offices in Berlin, New York, Cardiff and London.

  • How many offices does SoundCloud have?

    SoundCloud has 4 offices.