Sonosuite
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| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
* | N/A | Late VC | |
| Total Funding | 000k | ||
| EUR | 2018 | 2020 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| % EBITDA margin | (1 %) | - |
| Profit | 0000 | 0000 |
| % profit margin | (2 %) | 1 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Established in 2007 and headquartered in Barcelona, Sonosuite provides a white-label software-as-a-service (SaaS) platform for the digital music industry. The company was co-founded by Jose Luis Zagazeta and Maarten van Wijck. Zagazeta, currently the Vice-chairman of the Board, has a background in the Spanish music scene as a serial entrepreneur, with experience in A&R, and holds degrees in computer software engineering and telecommunications. Van Wijck, the Chairman of the Board, combines his experience in international business with his passion for music as a saxophonist. The current CEO, Sebastián Mañana, brings over 20 years of experience from the investment and financial management industry.
Sonosuite's core business revolves around offering a customizable platform for independent record labels, distributors, and music aggregators to manage their own digital music distribution. This B2B model allows clients to use Sonosuite's technology under their own brand, providing a seamless experience for their artists. The company generates revenue through tiered SaaS plans, with pricing typically dependent on the client's catalog size and required features. This structure empowers music businesses by giving them control over their distribution to major digital service providers (DSPs) worldwide.
The platform is an all-in-one solution designed to streamline the complexities of the digital music supply chain. Key features include comprehensive catalog and metadata management, allowing for bulk uploads and easy updates. It facilitates global music distribution to over 200 DSPs. A significant component of the service is its detailed royalty management and analytics, which provides transparent revenue breakdowns and performance tracking. Sonosuite also offers a Multi-Channel Network (MCN) service to optimize and monetize artists' YouTube channels. In October 2024, the company secured a minority investment from Dinastía Inc., a Colombian music services company, to fuel further growth initiatives.
Keywords: music distribution, white-label SaaS, digital music services, record labels, music distributors, royalty management, catalog management, B2B music technology, digital supply chain, music rights management, independent music, streaming services, royalty reporting, music analytics, digital service providers, music monetization, content delivery, metadata management, music aggregation, music-tech