Funding round
SoundCloud Series D
SoundCloud, which works in music streaming and download services in Berlin, raised $700M in a Series D round announced on 1 Jan 2014. 2 firms took part. It is SoundCloud's third venture round on record; the one before was a Series C in Jan 2012.
$700M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
SoundCloud did not disclose a valuation in this round. It came 24 months after SoundCloud's Series C. It is 61% of the $1.14B SoundCloud has raised in the venture rounds on record. SoundCloud raised again 11 months later: a Growth round of $150M in Dec 2014, at $1.20B post-money.
SoundCloud's funding rounds
SoundCloud has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Institutional Venture Partners backs 109 venture-backed companies
Comparable rounds
How it compares
The closest in time: 1 in Media Companies, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Media Companies | 13 Mar 2014 | $7.5M | not disclosed | Floreat and MMC |
| Batteries | 1 Jan 2014 | $55M | not disclosed | Prelude Ventures |
| Tech Companies | 1 Jan 2014 | $55M | not disclosed | Bain Capital Ventures |
| Industrial Air Solutions | 1 Jan 2014 | $44M | not disclosed | Eastwood Capital Corp and Wellcome Trust |
| Toys & Games Stores | 1 Jan 2014 | $16M | not disclosed | Shea Ventures |
| Real Estate - Agents & Managers | 20 Jan 2014 | $10M | not disclosed | Tiger Global |
| Payment Processing & Point of Sale | 1 Jan 2014 | $9.7M | not disclosed | CME Group |
| Tobacco | 28 Feb 2014 | $70M | $1.00B | Brookside Capital Partners and Morgan Stanley |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did SoundCloud raise in its Series D round?
SoundCloud raised $700M in its Series D round, announced in Jan 2014.
Which investors took part in SoundCloud's Series D round?
Institutional Venture Partners and Twitter.
What was SoundCloud's valuation at the Series D round?
It was not disclosed.
Did SoundCloud raise again after this round?
Yes: a Growth round in Dec 2014 of $150M at $1.20B post-money.