Funding round
SoundCloud Growth
Reported as "Growth Equity"
SoundCloud, which works in music streaming and download services in Berlin, raised $150M in a Growth round announced on 10 Dec 2014, at a $1.20B post-money valuation. It is SoundCloud's fourth venture round on record; the one before was a Series D in Jan 2014.
$150M
Amount raised
$1.20B
Post-money valuation
$1.05B pre-money
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced SoundCloud at $1.20B after the new money. The $150M bought investors about 13% of the company. It came 11 months after SoundCloud's Series D. It is 13% of the $1.14B SoundCloud has raised in the venture rounds on record. SoundCloud raised again 18 months later: a Series E round of $70M in Jun 2016, at $700M post-money.
SoundCloud's funding rounds
SoundCloud has 6 venture rounds on record. This one is highlighted.
Comparable rounds
How it compares
The closest in time: 1 in Media Companies, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Media Companies | 7 Jan 2015 | $250M | $1.00B | Silver Lake |
| Flipkart Online Marketplace | 20 Dec 2014 | $700M | $15.50B | not named |
| Dairy Products - Farms & Stores | 18 Dec 2014 | $470M | not disclosed | not named |
| Real Estate - Agents & Managers | 16 Dec 2014 | $90M | not disclosed | SoftBank |
| Hotels | 3 Dec 2014 | $80M | not disclosed | La Caisse |
| Other Engineering Services | 19 Dec 2014 | $28M | not disclosed | not named |
| Vertical Bridge Real Estate Rental | 11 Nov 2014 | $470M | not disclosed | not named |
| BillDesk Payment Processing & Point of Sale | 1 Jan 2015 | $150M | not disclosed | General Atlantic |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did SoundCloud raise in its Growth round?
SoundCloud raised $150M in its Growth round, announced in Dec 2014.
What was SoundCloud's valuation at the Growth round?
$1.20B post-money ($1.05B pre-money).
Did SoundCloud raise again after this round?
Yes: a Series E round in Jun 2016 of $70M at $700M post-money.