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.

TypePrivate
HQBerlin, DE
Founded2007
Size (employees)826 (est)-3%
Websitesoundcloud.com
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)

28.0m

Revenue growth (FY, 2015 - FY, 2016), %

32.5%

Market valuation

700.0m

Cash (31-Dec-2015)

13.2m
EURFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.3m8.0m11.3m17.4m21.1m28.0m

Revenue growth, %

86%41%54%22%33%

Cost of goods sold

2.2m4.0m5.9m8.6m9.8m

Gross profit

2.1m4.0m5.4m8.7m11.3m
EURFY, 2013FY, 2014FY, 2015

Cash

46.3m14.8m13.2m

Accounts Receivable

408.0k1.8m2.0m

Current Assets

47.2m21.7m25.9m

PP&E

3.4m6.6m6.2m
EURFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(15.1m)(27.9m)(37.9m)

Cash From Investing Activities

(1.8m)(5.4m)(2.9m)

Cash From Financing Activities

45.8m2.1m41.7m

Net Change in Cash

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

Revenue/Employee

51.3k
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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

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SoundCloud News and Updates

DJs can soon play live sets directly from SoundCloud

SoundCloud users will soon be able to DJ live directly on the platform, all while having its huge catalogue of streamed music at their disposal. CEO Kerry Trainor made the announcement at Amsterdam Dance Event (ADE) on Thursday during his keynote. In a partnership with music applications, including …

SoundCloud Go+ music subscription now includes lossless streaming

SoundCloud Go+ music subscriptions now include lossless streaming in the regular $9.99 per month plan.

SoundCloud expands direct licensing to wider array of artists

LONDON (Reuters) - SoundCloud, a popular streaming music service with wide appeal to new artists seeking to break into the top-heavy recording industry, is introducing a new offer to help musicians make money from their work, bypassing music label distributors.

SoundCloud finally lets more musicians monetize four years later

SoundCloud moves painfully slow for a tech company, and no one feels that pain more than musicians who are popular on the site but don’t get paid. 10 years since SoundCloud first launched, and four years since it opened an invite-only program allowing just the very biggest artists to earn a cut of t…

Online radio firm Pandora to handle US advertising for SoundCloud

Internet radio company Pandora Media Inc and music-sharing service SoundCloud said on Wednesday that Pandora will take over handling the U.S. advertising for SoundCloud.

UPDATE 1-Online radio firm Pandora to handle U.S. advertising for SoundCloud

Internet radio company Pandora Media Inc and music-sharing service SoundCloud said on Wednesday that Pandora will take over handling the U.S. advertising for SoundCloud.
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SoundCloud Company Life and Culture

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