SoundHound
Voice recognition tool that companies can bake into any platform.
Launch date
Employees
Market cap
AUD2.7b
Enterprise valuation
AUD2.4b (Public information from Sep 2024)
Share price
$4.78 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 | - | |
N/A | Seed | ||
$5.0m | Series A | ||
$7.0m | Series B | ||
$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 | AUD504m |
Recent News about SoundHound
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by SoundHound
EditACQUISITION by SoundHound Jun 2024
ACQUISITION by SoundHound Dec 2023
ACQUISITION by SoundHound Dec 2023
ACQUISITION by SoundHound Aug 2024