SoundCloud

  • Revenue€90.7 MFY, 2017
  • Market Valuation$700 M2016-01-01
  • Total Funding$542.8 M

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 Ratings3.7
Overall CultureAMore
View Jobs (48)

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2022)1,704
Job Openings48
Revenue (FY, 2017)€90.7 M(+81%)
Cybersecurity ratingCMore
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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
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SoundCloud Office Locations

SoundCloud has offices in Berlin, New York, Cardiff and London
Berlin, DE (HQ)
Rheinsberger Strasse 76/77
Cardiff, GB
Crown Way, Maindy
London, GB
20 Bishop's Ct, Farringdon
New York, NY, 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

3 years 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

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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
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

25.7 m

Monthly Sessions per User (US)

9

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: 30.7% from Europe & Other and 69.3% from USA

SoundCloud Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

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SoundCloud Online and Social Media Presence

SoundCloud's Trends

Embed Graph

SoundCloud Company Culture

  • Overall Culture

    A

    81/100

  • CEO Rating

    A

    80/100

  • Compensation

    B+

    79/100

  • Diversity

    A+

    88/100

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SoundCloud News and Updates

May 06, 2022

This Week in European Tech: mucho funding for Alan, Kevin, Polarium and Jobandtalent; ProGlove acquired, SoundCloud buys; EU slaps Apple and more

This week, the Tech.eu research team tracked more than 65 tech funding deals worth over €1.1 billion, and over 10 exits, M&A transactions, and rumours, and related news stories across Europe.As al...
May 04, 2022

SoundCloud snaps up AI-based audio and music company Musiio to mine for gold

Seeking to further bolster its music intelligence capabilities, SoundCloud has acquired Singapore-based Musiio. SoundCloud is expecting to further pan for gold, in both music and the artists that prod...
May 04, 2022

SoundCloud acquires Singaporean AI-backed music startup

Musiio's AI can assign metadata to music based on categories such as genre, mood, and instrument used.
May 03, 2022

SoundCloud acquires Musiio, an AI music curator, to improve discovery

An online audio sharing platform and streamer, SoundCloud has acquired Musiio, an AI music curation company. With Musiio’s team and technology, SoundCloud plans to strengthen its music discovery features, helping the platform compete with streaming giants like Spotify. The terms of the deal are undi…
October 15, 2021

Pandora is partnering with SoundCloud to launch a new station

SiriusXM-owned Pandora is partnering with SoundCloud to launch “The Lookout by SoundCloud,” a new station available on Pandora that aims to showcase music from the “hip hop superstars of tomorrow.” Today’s announcement comes as Pandora’s parent company, SiriusXM, recently partnered with SoundCloud t…
March 24, 2021

N26 hires former SoundCloud exec as chief product officer

N26 has hired Gilles BianRosa, the former chief product officer of music-sharing platform SoundCloud, to lead the neo-bank's global product teams in Berlin, Barcelona, Vienna and New York
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 1,704 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 €53.2 k.

  • Who are SoundCloud competitors?

    Competitors of SoundCloud include Sirius XM, Noteflight and TIDAL.

  • 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.