When was Sonarworks founded?

Sonarworks was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Sonarworks located?

Sonarworks is headquartered in Riga, Latvia. It is registered at Sacramento,California.

Who is the current CEO of Sonarworks?

Helmuts Bems of Sonarworks. They have also founded 1 company.

Which legal entities is Sonarworks associated with?

Sonarworks is associated with Sonarworks and 1 other.

How many employees does Sonarworks have?

As of Jul 01, 2024, the latest employee count at Sonarworks is 77.

Is Sonarworks a funded company?

Sonarworks is a funded company, having raised a total of $14.5M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 19, 2014.

When was the latest funding round of Sonarworks?

Sonarworks' latest funding was a $***** Grant (prize money) round on Jul 14, 2021, with participation from 1 investor.

What is the annual revenue of Sonarworks?

Annual revenue of Sonarworks is €3.88M as on Dec 31, 2024.

Where does Sonarworks rank among its competitors?

Sonarworks ranks 1st amongst 8 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Nemisindo, which secured an undisclosed amount in Jun, 2023.

Who are the top competitors of Sonarworks?

Sonarworks' top competitors include Tunefork, Aupeo and Nemisindo. Among them, Nemisindo secured the most recent funding round in June, 2023.

Sonarworks - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of decentralized software for headphones and speakers. It creates smart speakers by adding digital signal processing to the physical product. It provides various features including the same setting in the headphone and speakers devices that allows band members to listen to some feedback in sync.

Website: www.sonarworks.com/
Social
Email ID: *****@sonarworks.com
Registered Address: Sacramento,California

Key Metrics

Founded Year

2012

Location

Riga, Latvia

Stage

Series B

Total Funding

$14.5M in 6 rounds

Latest Funding Round

Grant (prize money), Jul 14, 2021, $*****

Investors

Imprimatur Capital Fund Management & 17 more

Ranked

1^st among 8 active competitors

Annual Revenue

€3.88M as on Dec 31, 2024

Employee Count

77 as on Jul 01, 2024

Similar Companies

Tunefork & 6 more

View Sonarworks' full profile

Sonarworks is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sonarworks CIN: 40103611667 , Latvia, Active	Nov 29, 2012	$4.2M (As on Dec 31, 2024)	71 (As on Dec 31, 2022)	-
SONARWORKS INC. CIN: 844284921 , United States, Active	Dec 31, 1999	-	2 (As on Dec 31, 2022)	-

Sonarworks has raised a total funding of $14.5M over 6 rounds. Its first funding round was on Feb 19, 2014. Its latest funding round was a Grant (prize money) round on Jul 14, 2021 for $*****. 1 investor participated in its latest round. Sonarworks has 16 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Sonarworks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 14, 2021	4551566	Grant (prize money)	3429698	4562922	3537550	1530538
Jul 14, 2021	3500338	Series B	2667925	8916117	5699724	Karma Ventures & 6 more
May 16, 2019	2710237	Series A	5696412	7599460	Karma Ventures & 1 more	Revo Capital & 3 more

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View details of Sonarworks's funding rounds and investors

The founders of Sonarworks are Martins Popelis and Helmuts Bems. Helmuts Bems is the CEO of Sonarworks.

Here are the details of Sonarworks' key team members:

Martins Popelis: Co-Founder, CPO of Sonarworks.
Helmuts Bems: Co-Founder & CEO of Sonarworks.
Contact Info: 1 email address

View details of Sonarworks's Founder profiles and Board Members

Sonarworks' employee count trend

Sonarworks has 77 employees as of Jul 24. Here is Sonarworks's employee count trend over the years:

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Top competitors of Sonarworks include Tunefork, Aupeo and Nemisindo. Here is the list of Top 10 competitors of Sonarworks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sonarworks 2012, Riga (Latvia), Series B	Provider of decentralized software for headphones and speakers	$14.5M	Almaz Capital, Trind VC & 16 others	58/100
2nd	Tunefork 2016, Jerusalem (Israel), Seed	Mobile hearing assistant app for optimal and custom-made audio	$1.5M	Triventures, MassChallenge & 3 others	47/100
3rd	Aupeo 2008, Berlin (Germany), Acquired	In-vehicle personal audio streaming solutions provider	-	IBB Ventures, Ventegis Capital & 1 others	30/100
4th	Nemisindo 2021, London (United Kingdom), Funding Raised	Provider of a browser-based sound effect synthesis framework for artist	-	Epic Games	29/100
5th	GreenOwl Mobile 2009, Markham (Canada), Seed	Provider of mobile in-car traffic and media platform	$2M	-	25/100
6th	Mesk Tech 2018, Sarıyer (Turkey), Unfunded	App-based platform providing music instrument tuner	-	-	25/100
7th	AudioCleaner AI 2024, Unfunded	Provider of online platform that removes noise from audio and video	-	-	16/100
8th	Voice Isolator 2022, London (United Kingdom), Unfunded	AI-powered audio isolation and noise removal tool	-	-	16/100