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

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

Traffic Overview of SoundCloud

SoundCloud Online and Social Media Presence

SoundCloud News and Updates

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…

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…

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…

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…

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 …

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…
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SoundCloud Company Life and Culture

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