SoundHound
Voice recognition tool that companies can bake into any platform.
| 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 99.1x EV/Revenue -37.0x EV/EBITDA | SPAC IPO | |
* | $111m Valuation: $2.1b 99.1x EV/Revenue -37.0x EV/EBITDA | SPAC Private Placement | |
* | N/A | $25.0m | Post IPO Equity |
* | $100m | Post IPO Debt | |
* | $150m | Post IPO Equity | |
| Total Funding | $326m | ||
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 63 % | 47 % | 47 % | 85 % | 96 % | 29 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (459 %) | (268 %) | (314 %) | (121 %) | (109 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (572 %) | (375 %) | (371 %) | (194 %) | (414 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 417 % | 279 % | 245 % | 112 % | 83 % | - | - |
Source: Company filings or news article, Equity research estimates
Related Content
SoundHound operates as a leading provider of conversational intelligence solutions, offering an independent voice AI platform that enables businesses across various industries to deliver superior conversational experiences to their customers. Utilizing proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies, SoundHound's platform ensures high-speed and accurate voice interactions, allowing users to communicate with products and services naturally. The company serves a diverse client base, including major global brands such as Hyundai, Mercedes-Benz, Pandora, Qualcomm, Netflix, Snap, Square, LG, VIZIO, KIA, and Stellantis. SoundHound's business model revolves around licensing its voice AI technology to these enterprises, generating revenue through long-term contracts and usage-based fees. The market it operates in includes automotive, consumer electronics, and various other sectors that benefit from advanced voice AI capabilities.
Keywords: voice AI, conversational intelligence, Speech-to-Meaning, Deep Meaning Understanding, Hyundai, Mercedes-Benz, Pandora, Qualcomm, Netflix, Snap
Tech stack
Investments by SoundHound
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