Company profile: Soundstr
1.1 - Company Overview
Company description
- Provider of music identification technology to track and identify real-world music usage in businesses for licensing and royalty transparency, plus in-venue advertising and engagement solutions including broadcast ads, Bluetooth beacon interactions, RFID for access control, notifications and purchases, and AR/VR experiences. Focused on modernizing the performing rights industry and supporting songwriters and businesses.
Products and services
- Music Identification Technology: Custom-engineered system that tracks and identifies real-world music usage in businesses for licensing and royalty purposes, creating transparency and sustainability for the performing rights ecosystem
- Beacon Technology: Bluetooth-beacon-based engagement platform that connects with customers and fans via their smartphones in venues, enhancing on-site interaction during live music events
- In-Venue Broadcast Ads: Venue-grade advertising service that broadcasts audio advertisements through the venue’s sound system during events, offering monetization opportunities aligned with real-world music usage transparency for businesses and songwriters
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Soundstr
Encore Musicians
HQ: United Kingdom
Website
- Description: Provider of a musician employment platform that connects individuals with vetted musicians for weddings, parties, charity and business events. Enables users to find and book performers for all types of music, with services including all-day wedding music, event management, fast bookings (average quote under 30 minutes), secure online payments, free 48-hour cancellations, and Mon–Sun support.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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TastemakerX
HQ: United States
Website
- Description: Provider of a social music discovery and playlist-sharing platform that lets users create and share playlists, explore curated artist Collections, and listen to and engage with collected artists via services such as Spotify, Rdio, SoundCloud, YouTube, iTunes, Songkick, and Twitter.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Epidemic Sound
HQ: Sweden
Website
- Description: Provider of music and sound effects for online creators, offering access to a catalog of over 40,000 music tracks and 90,000 sound effects; subscriptions for unlimited online use and monetization; integration via an Adobe Premiere Pro plugin; discovery tools including Soundmatch and Epidemic Audio Reference; and a mobile app to discover, save, and download.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Epidemic Sound company profile →
Prism
HQ: United States
Website
- Description: Provider of all-in-one live music management software built by music industry professionals, offering booking tools covering calendar management, settlement, advancing, relationship management, and data analysis; an automated deal and payment tracker with real-time updates; real-time financial reporting; a settlements platform; top-tier security and privacy; and a calendar for venues and promoters.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Prism company profile →
Holoplot
HQ: Germany
Website
- Description: Provider of hardware and software audio systems based on wave field synthesis, enabling a new approach to high-quality sound with precise control of propagation. Products include X1 Matrix Array for large, high-performance venues; X2 Matrix Array for smaller venues and challenging acoustics; and software: HOLOPLOT Plan for design and simulation, HOLOPLOT Control for management and monitoring, and HOLOPLOT OS as the system engine.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Holoplot company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Soundstr
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Soundstr
2.2 - Growth funds investing in similar companies to Soundstr
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4 - Top valuation comps for Soundstr
4.2 - Public trading comparable groups for Soundstr
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