SoundCloud
Next-generation music entertainment ecosystem
- 501-1000 employees
- B2C
- Music
- SaaS
- Community
- Media
- Mitte, Berlin, BE
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Company mission
To empower artists and fans to connect and share through music.
3% employee growth in 12 months
Our take
Founded in 2007, SoundCloud recognised the need for an artist-first platform. The company set out with a clear mission: to empower independent artists by providing the tools and resources they need to grow and build their careers.
Today, SoundCloud boasts over 40M artists on its platform, far outpacing Spotify, which has 11M. As a result, SoundCloud is the largest audio discovery platform in a rapidly growing market. According to MIDiA Research, the independent artist market is poised for continued revenue growth in the coming years, further solidifying SoundCloud's place in the industry.
The company plans to scale its audience and expand its services through new offerings, such as the SoundCloud "roster". This tier system is designed to provide artists with significant creative and financial resources, along with market support, rivalling major record labels. While artists retain ownership of their copyrights, they will be represented by SoundCloud, further enhancing the platform's appeal to independent creators.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 7 rounds)
Feb 2020
$75m
SERIES G
Aug 2017
$170m
SERIES F
Total funding: $470.6m
This company has top investors
Leadership
Eliah Seton
(CEO)Previously President at SoundCloud. Before joining the company, he worked as President of Independent Music and Creator Services at Warner Music Group and was the President of the Alternative Distribution Alliance.
Jobs (5)
Software Engineering
People, HR, Recruitment
Product