Funding round
SoundCloud Series A
SoundCloud, which works in music streaming and download services in Berlin, raised $3.3M in a Series A round announced on 1 Apr 2009. 1 firm took part. It is SoundCloud's first venture round on record.
$3.3M
Amount raised
2,500,000 EUR converted
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
SoundCloud did not disclose a valuation in this round. It is SoundCloud's first venture round on record, 2 years after it was founded in 2007. It is under 1% of the $1.14B SoundCloud has raised in the venture rounds on record. SoundCloud raised again 33 months later: a Series C round of $50M in Jan 2012. Its next priced round, a Growth in Dec 2014, valued it at $1.20B.
SoundCloud's funding rounds
SoundCloud has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Doughty Hanson Technology Ventures new investor
Comparable rounds
How it compares
The closest in time: 1 in Media Companies, then Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Media Companies | 5 Mar 2009 | $30M | not disclosed | ABS Capital |
| Biotechnology | 20 Apr 2009 | $5.0M | not disclosed | Draper Fisher Jurvetson and DFJ Mercury |
| Software Development Services | 10 Mar 2009 | $2.0M | not disclosed | not named |
| Tech Companies | 1 Mar 2009 | $2.0M | not disclosed | not named |
| Commercial Printing | 23 Feb 2009 | $13M | not disclosed | Accel |
| Tech Companies | 3 Feb 2009 | $8.5M | not disclosed | not named |
| Tech Companies | 11 Feb 2009 | $8.0M | not disclosed | not named |
| Bloomreach Tech Companies | 23 Feb 2009 | $5.3M | $12M | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did SoundCloud raise in its Series A round?
SoundCloud raised $3.3M in its Series A round, announced in Apr 2009.
Which investors took part in SoundCloud's Series A round?
Doughty Hanson Technology Ventures.
What was SoundCloud's valuation at the Series A round?
It was not disclosed.
Did SoundCloud raise again after this round?
Yes: a Series C round in Jan 2012 of $50M.