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

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.

SoundCloud Financials

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
SoundCloud Limited
Instinctiv May 01, 2012$10 m
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SoundCloud News and Updates

Someone just asked Prince Harry if he could DJ the royal wedding in such a smooth way

Meghan Markle and Prince Harry made a royal appearance at Reprezent Radio on Tuesday to learn a bit more about the youth-focused creative programs at the station, but during their visit, they might have inadvertently also checked something off their wedding planning list.  Jevanni Letford, a DJ an…

To fix SoundCloud, it must become the anti-Spotify

 Startups die by suicide, not competition. It wasn’t that anyone was stealing SoundCloud’s underground rappers, bedroom remixers and garage bands. SoundCloud stumbled because it neglected these hardcore loyalists as it wrongly strove to usurp Spotify as the streaming home of music’s superstars. Read…

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…
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