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

Type
Private
HQ
Berlin, DE
Founded
2007
Size (employees)
826 (est)-3%
SoundCloud was founded in 2007 and is headquartered in Berlin, DE
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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
Eric Wahlforss

Eric Wahlforss

Chief Product Officer
Faye Iosotaluno

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

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.
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SoundCloud Revenue

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
EURFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.3 m8 m11.3 m17.4 m21.1 m28 m

Revenue growth, %

86%41%54%22%33%

Cost of goods sold

2.2 m4 m5.9 m8.6 m9.8 m

Gross profit

2.1 m4 m5.4 m8.7 m11.3 m
EURFY, 2013FY, 2014FY, 2015

Cash

46.3 m14.8 m13.2 m

Accounts Receivable

408 k1.8 m2 m

Current Assets

47.2 m21.7 m25.9 m

PP&E

3.4 m6.6 m6.2 m
EURFY, 2013FY, 2014FY, 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 m2.1 m41.7 m

Net Change in Cash

28.9 m(31.4 m)(1.6 m)
EURY, 2016

Revenue/Employee

51.3 k
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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, 2017

Monthly Viewers

175 m175 m175 m

Tracks

135 m170 m

Monthly Unique Users

25.70 m

Monthly Sessions per User (US)

9
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SoundCloud Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Instinctiv May 01, 2012$10 m
SoundCloud Limited
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SoundCloud Online and Social Media Presence

Embed Graph
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SoundCloud News and Updates

Fourth Arrest Made In Rapper XXXTentacion’s Shooting Death

Trayvon Newsome was the last of four suspects or persons of interest in the South Florida rapper's violent death.

Blockchain-based SoundCloud alternative Audius raises $5.5M

Blockchain-based SoundCloud alternative Audius today said it has raised $5.5 million in funding to build out its decentralized, community-owned and artist-controlled music-sharing protocol. The Series A round was led by General Catalyst and Lightspeed, with participation from Kleiner Perkins, Pante…

Soundcloud on the blockchain? Audius raises $5.5M to decentralize music

Audius wants to cut the middlemen out music streaming so artists get paid their fair share. Coming out of stealth today led by serial entrepreneur and DJ Ranidu Lankage, Audius is building a blockchain-based alternative to Spotify or SoundCloud. Users will pay for Audius tokens or earn them by liste…

Pro Music Rights anuncia asociación con Gora LLC

NAPLES, Florida, 8 de agosto de 2018 /PRNewswire-HISPANIC PR WIRE/ -- Pro Music Rights es hoy la tercera organización de derechos de reproducción (PRO) de los Estados Unidos y representa los derechos de propiedad intelectual de miles de autores de canciones, compositores y editores. Pro...

Pro Music Rights Announces Partnership with Gora LLC

NAPLES, Florida, Aug. 7, 2018 /PRNewswire-HISPANIC PR WIRE/ -- Pro Music Rights today is the third-largest U.S. Performing Rights Organization, representing the intellectual property rights of thousands of songwriters, composers, and publishers. Pro Music Rights works tirelessly to...

Pro Music Rights Announces Partnership with Gora LLC

Being the Third-largest US PRO means Representing Over 2 Million Copyrighted Publications NAPLES, Fla., Aug. 7, 2018 /PRNewswire/ -- Pro Music Rights today is the third-largest U.S. Performing Rights Organization, representing the intellectual property rights of thousands of songwriters,...
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SoundCloud Company Life and Culture

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