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About SoundCloud
Industries
Consumer Software
Entertainment
Company Size
501-1,000
Company Stage
Series G
Total Funding
$568.7M
Headquarters
Berlin, Germany
Founded
2007
Overview
SoundCloud is a digital music streaming platform that allows users to listen to a vast library of over 265 million music tracks for free. Users can access music online, making it a popular choice for individual listeners, artists, bands, DJs, and audio creators. The platform operates on a multifaceted business model, offering a free tier with ads and premium subscription plans like SoundCloud Go and SoundCloud Go+, which provide ad-free listening, offline access, and higher audio quality. Additionally, SoundCloud has a monetization program called SoundCloud Premier, which enables artists to earn money from their tracks through ad revenue and fan support. This focus on both music consumers and creators, along with its extensive library and large user base, sets SoundCloud apart from competitors in the online music streaming market. The company's goal is to enrich the music experience for both listeners and creators while generating revenue through advertising and subscriptions.
Simplify's Take
What believers are saying
- SoundCloud's partnership with Ticketmaster enhances artist event promotion and visibility.
- The new Fan Recognition feature strengthens artist-fan relationships on the platform.
- SoundCloud's global artist development program, Ascending, promotes breakthrough artists worldwide.
What critics are saying
- Ticketmaster's legal issues may negatively impact SoundCloud's brand reputation.
- Privacy concerns may arise from SoundCloud's new Fan Recognition feature.
- SoundCloud faces competition in event promotions from platforms like Eventbrite and Bandsintown.
What makes SoundCloud unique
- SoundCloud offers a unique social sound platform for creators and fans worldwide.
- The platform's vast library of 265 million tracks sets it apart from competitors.
- SoundCloud's artist monetization program, SoundCloud Premier, attracts diverse content creators.
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Funding
Total Funding
$568.7M
Above
Industry Average
Funded Over
8 Rounds
Kleiner PerkinsBenefits
Comprehensive health benefits including medical, dental, and vision plans, as well as mental health resources
Robust 401k program
Employee Stock Ownership Plan
Generous professional development allowance
Interested in a gym membership, photography course or book? We have a Creativity and Wellness benefit!
Flexible vacation and public holiday policy where you can take up to 35 days of PTO annually
16 paid weeks for all parents (birthing and non-birthing), regardless of gender, to welcome newborns, adopted and foster children
Various snacks, goodies, and 2 free lunches weekly when at the office
Growth & Insights and Company News
6 month growth
↓ -24%1 year growth
↑ 0%2 year growth
↓ -1%Music promo platform Groover adds charts and SoundCloud integration.
SoundCloud has partnered with Ticketmaster to launch new event features for Artist Pro subscribers.
SoundCloud has launched a new episode of its 'Scenes' docuseries.
SoundCloud has launched a new Fan Recognition which highlights your most dedicated supporters on the platform.
SoundCloud to sponsor Music Week Awards 2025.
SoundCloud is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today
About SoundCloud
Industries
Consumer Software
Entertainment
Company Size
501-1,000
Company Stage
Series G
Total Funding
$568.7M
Headquarters
Berlin, Germany
Founded
2007
SoundCloud is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today