SoundCloud

SoundCloud is a social sound platform where anyone can create sounds and share them everywhere. As the world’s largest music and audio platform, it lets people discover and enjoy the greatest selection of music from the most diverse creator community on earth. Recording and uploading sounds to SoundCloud lets people easily share them privately with their friends or publicly to blogs, sites and social networks. The platform has become renowned for its unique content and features, including the ability to share music and connect directly with artists, as well as unearth breakthrough tracks, raw demos, podcasts and more. Music and audio creators use SoundCloud to both share and monetise their content with a global audience, as well as receive detailed stats and feedback from the platform community.

Company Growth (employees)
Type
Private
HQ
Berlin, DE
Founded
2008
Size (employees)
858 (est)+248%
SoundCloud was founded in 2008 and is headquartered in Berlin, DE

Key People/Management at SoundCloud

Kerry Trainor

Kerry Trainor

CEO
Mike Weissman

Mike Weissman

COO
Alexander Ljung

Alexander Ljung

Co-Founder and Chief Product Officer
Alison Moore

Alison Moore

Chief Revenue Officer
Eric Wahlforss

Eric Wahlforss

Chief Product Officer
Caoimhe Keogan

Caoimhe Keogan

VP of People
Faye Iosotaluno

Faye Iosotaluno

Vice President, Strategy & Business Development
Sylvain Grande

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 Financials and Metrics

Summary Metrics

SoundCloud's latest funding round in August 2017 was reported to be $169.5 m. In total, SoundCloud has raised $587.8 m

SoundCloud Financials

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%
EURY, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Revenue

4.3 m8 m11.3 m17.4 m22 m28 m

Revenue growth, %

86%41%54%26%27%

Cost of goods sold

2.2 m4 m5.9 m8.6 m

Gross profit

2.1 m4 m5.4 m8.8 m
USDY, 2016

Revenue/Employee

51.3 k
Show all financial metrics

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, 2016Mar, 2017Jul, 2017

Monthly Users

175 m175 m

Tracks

135 m

Albums

1 m

Monthly Unique Users

25.7 m
Show all operating metrics

SoundCloud Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Instinctiv May 01, 2012$10 m

SoundCloud's Web-traffic and Trends

SoundCloud Online and Social Media Presence

SoundCloud News and Updates

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…

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 …

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…

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…

Raine and Temasek to invest in SoundCloud

The Raine Group and Temasek have agreed to invest in Berlin-based music and audio platform SoundCloud. No financial terms were disclosed. Also, Kerry Trainor will join SoundCloud as a CEO while Michael Weissman will become chief operating officer.

SoundCloud says it’s going to survive, but how?

 SoundCloud says it’s not going away. I’m glad to hear that because I can’t lose SoundCloud. Ever. Last week, SoundCloud announced layoffs of 173 employees (about half of its staff), as well as the closing of its offices in San Francisco and London. TechCrunch’s Josh Constine later found out that th…
Show more

SoundCloud Company Life and Culture

You may also be interested in