Sounds Market

Sounds Market

The essential and most complete website for all musicians and DJs.

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DateInvestorsAmountRound
-investor

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investor investor

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€150k

Debt
Total Funding000k

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Revenues, earnings & profits over time
EUR20232024
Revenues00000000
% growth-65 %
EBITDA00000000
Profit00000000
% profit margin(19 %)(17 %)
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

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More about Sounds Market
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Sounds Market operates as a specialized online marketplace tailored for the music community, facilitating the buying and selling of second-hand musical instruments and DJ equipment. Founded in Barcelona in late 2017 by three music-passionate entrepreneurs—Pau Agustí Esmerats, Guillem, and Jordi—the company aimed to create a trusted platform for these transactions. Initially launched as a mobile app in Spain, the platform also offered services like music lessons and rentals of rehearsal spaces and recording studios. Over time, it has evolved to focus on being a secure intermediary for transactions across several European Union countries.

The core of Sounds Market's business is its secure, peer-to-peer marketplace. The company has implemented a safe payment and shipping system designed for high-value, fragile items like musical instruments. This system uses an escrow service, holding the payment until the buyer receives and verifies the product's condition, with a two-day window for returns if the item doesn't match its description. This model addresses a critical need for trust and security in the second-hand market for specialized equipment. In late 2022, the company expanded its offerings by launching "Sounds Market Certified". Under this service, the company acquires used equipment, has its technical team inspect and refurbish it, and then resells it with a one-year warranty, adding another layer of security for buyers.

From a financial perspective, Sounds Market is a venture capital-backed private company. It has successfully raised capital through multiple funding rounds, including an accelerator/incubator round in May 2019 ($79.1K), an Angel round in July 2020, and a Later Stage VC round in January 2023 ($384K), with total funding amounting to $532K. Key investors include Conector Startup Accelerator and Microfusa Comercial. Headquartered in Barcelona, the company has grown and now operates internationally within the European Union.

Keywords: second-hand musical instruments, DJ equipment marketplace, used instruments, peer-to-peer marketplace, circular economy music, refurbished DJ gear, music gear exchange, secure instrument sales, online music marketplace, Pau Agustí Esmerats, European music market, buy and sell guitars, used DJ controllers, music equipment escrow, certified pre-owned instruments, musician community platform, Barcelona startup, music tech, e-commerce, venture capital backed

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