Company Growth (employees)
SoundCloud was founded in 2008 and is headquartered in Berlin, DE
Key People at SoundCloud
Kerry Trainor
CEO
Mike Weissman
COO
Alexander Ljung
Co-Founder and Chief Product Officer
Alison Moore
Chief Revenue Officer
Eric Wahlforss
Chief Product Officer
Caoimhe Keogan
VP of People
Faye Iosotaluno
Vice President, Strategy & Business Development
Sylvain Grande
SVP Subscriptions Revenue & Monetization Products
SoundCloud Office Locations
SoundCloud has offices in Berlin and New York
Berlin, DE (HQ)
Rheinsberger Strasse 76/77
SoundCloud Data and Metrics
Summary Metrics
Founding Date | 2008 |
Total Funding | $587.8 m |
Latest funding size | $169.5 m |
Time since last funding | about 1 month |
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, Institutional Venture Partners, Union Square Ventures, Kreos Capital |
SoundCloud's latest funding round in August 2017 was reported to be $169.5 m. In total, SoundCloud has raised $587.8 m
SoundCloud Financial Metrics
SoundCloud's revenue was reported to be $28 m in 2016 which is a 27% increase from the previous period.
USD
Revenue (Y, 2016) | 28 m |
Revenue growth (Y, 2015 - Y, 2016), % | 27% |
| EUR | Y, 2011 | Y, 2012 | Y, 2013 | Y, 2014 | Y, 2015 | Y, 2016A |
|---|---|---|---|---|---|---|
Revenue | 4.3 m | 8 m | 11.3 m | 17.4 m | 22 m | 28 m |
Revenue growth, % | 86% | 41% | 54% | 26% | 27% | |
Cost of goods sold | 2.2 m | 4 m | 5.9 m | 8.6 m | ||
Gross profit | 2.1 m | 4 m | 5.4 m | 8.8 m |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 51.3 k |
SoundCloud Operating Metrics
SoundCloud's Monthly Users was reported to be 175 m in Jul, 2017. SoundCloud's Monthly Unique Users was reported to be 25.7 m in Mar, 2017
| Aug, 2016 | Mar, 2017 | Jul, 2017 | |
|---|---|---|---|
Monthly Users | 175 m | 175 m | |
Tracks | 135 m | ||
Albums | 1 m | ||
Monthly Unique Users | 25.7 m |
SoundCloud Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Instinctiv | May 01, 2012 | $10 m |
Market Position of SoundCloud
Competitors
Traffic Overview of SoundCloud
SoundCloud Online and Social Media Presence
SoundCloud News and Updates
August 14, 2017
3 things SoundCloud should do to stay afloat
SoundCloud gave music fans quite a scare last month when it laid off nearly half of its staff – people thought the indie music platform was going to go belly up in a matter of weeks. Luckily, it got a new lease of life last week when it scored a $170 million investment that should help keep the ligh…
August 12, 2017
SoundCloud closes critical new funding round, Vimeo’s Kerry Trainor steps in as CEO
(Reuters) — SoundCloud, the world’s most popular streaming music app, but one that has struggled to find a profitable business model, said it received new funding on Friday, insulating it from potentially running out of cash this year. The company, which laid off 40 percent of its staff in July, sai…
August 11, 2017
Someone call Chance the Rapper—SoundCloud is saved!
We almost lost another great one.
SoundCloud, an online network for sharing and enjoying music, had been crashing. The website was unable to pull in enough money to meet its costs. Last month, the company was forced to lay off 173 employees, which was about 40 percent of its workforce.
The move…
August 11, 2017
SoundCloud saved by emergency funding as CEO steps aside
SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief prod…
August 10, 2017
SoundCloud faces do-or-die vote by investors
SoundCloud will soon collapse if investors don’t vote for a rescue funding round tomorrow. The stumbling music streaming community site had to suddenly lay off 40% of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million. That’s …
July 31, 2017
Sick of SoundCloud? Anchor offers podcast transfer with free hosting
SoundCloud is on shaky financial footing, saying it only has enough money to last a few more months unless someone buys or invests in it. That’s sure to cause anxiety in content creators with their life’s work stored on SoundCloud. Now some new startups are nipping at SoundCloud’s heels by focusing…