SoundHound
Voice recognition tool that companies can bake into any platform.
Launch date
Employees
Market cap
€1.6b
Enterprise valuation
€1.4b (Public information from Sep 2024)
Share price
$5.01 SOUN
Company register number 848848669
Santa Clara California (HQ)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenues | 13.0m | 21.2m | 31.1m | 45.9m | 82.6m | 152m |
| % growth | - | 63 % | 47 % | 47 % | 80 % | 84 % |
| EBITDA | (59.8m) | (56.7m) | (97.8m) | (55.3m) | - | - |
| % EBITDA margin | (459 %) | (268 %) | (314 %) | (121 %) | - | - |
| Profit | (74.4m) | (79.5m) | (115m) | (88.9m) | - | - |
| % profit margin | (572 %) | (375 %) | (371 %) | (194 %) | - | - |
| R&D budget | 54.3m | 59.2m | 76.4m | 51.4m | - | - |
| R&D % of revenue | 417 % | 279 % | 245 % | 112 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$4.0m | Early VC | ||
$24.0m | Series C | ||
$75.0m | Series D | ||
* | $100m Valuation: $1.1b | Late VC | |
| N/A | N/A | Secondary | |
* | $120m Valuation: $2.1b 161.3x EV/LTM Revenues -35.1x EV/LTM EBITDA | SPAC IPO | |
* | $111m Valuation: $2.1b 161.3x EV/LTM Revenues -35.1x EV/LTM EBITDA | SPAC Private Placement | |
* | N/A | $25.0m | Post IPO Equity |
* | $100m | Post IPO Debt | |
* | $150m | Post IPO Equity | |
| Total Funding | €296m | ||
Recent News about SoundHound
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Investments by SoundHound
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ACQUISITION by SoundHound Jun 2024
ACQUISITION by SoundHound Dec 2023
ACQUISITION by SoundHound Dec 2023
ACQUISITION by SoundHound Aug 2024