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.
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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
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

No One Knows How To Mourn Abusers Like XXXTentacion. There’s A Reason For That.

Why should the moral reckoning fall to people like you and me?

How should we remember the problematic rapper XXXTentacion?

The Florida rapper was murdered yesterday, leaving in his wake a complicated history of violence. Rapper XXXTentacion was shot dead yesterday in what police are calling “an apparent robbery.”Read Full Story

Cloud Music Streaming Markets 2015-2018 & 2024: Overview, Service Introductions, Recent Industry Activity & Focus on Select Players

DUBLIN, June 18, 2018 /PRNewswire/ -- The "Cloud Music Streaming - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East...

Big Data Is Revolutionizing the Music Industry. Here Are the Lessons for Your Business

By leveraging the same "big data mindset" already adopted by other industries, you can spot trends far in advance.

RapChat raises $1.6 million to help you make and share your def jams

The first thing to understand about media sharing app RapChat is that co-founder Seth Miller is not a rapper and his friend, Pat Gibson, is. Together they created RapChat, a service for making and sharing raps, and the conjunction of rapper and nerd seems to be really taking off. Since we last looke…

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…
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