When was Soundtrap founded?

Soundtrap was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is Soundtrap located?

Soundtrap is headquartered in Stockholm, Sweden.

How many employees does Soundtrap have?

As of Jun 30, 2026, the latest employee count at Soundtrap is 95.

Is Soundtrap a funded company?

Soundtrap is a funded company, having raised a total of $8.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 29, 2015.

When was the latest funding round of Soundtrap?

Soundtrap's latest funding was a $***** Series A round on Oct 10, 2016, with participation from 2 investors.

Where does Soundtrap rank among its competitors?

Soundtrap ranks 3rd amongst 133 active competitors, of which 33 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was BandLab, which secured $25M in May, 2023.

Who are the top competitors of Soundtrap?

Soundtrap's top competitors include BandLab, Hyph and Boombox. Among them, BandLab secured the most recent funding round in May, 2023.

Soundtrap - 2026 Company Profile, Team, Funding & Competitors

Soundtrap is an acquired company based in Stockholm (Sweden), founded in 2012 by Fredrik Posse. It operates as a Music co-creation and sharing platform. Soundtrap has raised $8.5M in funding. The company has 133 active competitors, including 33 funded and 4 that have exited. Its top competitors include companies like BandLab, Hyph and Boombox.

Company Details

Soundtrap is a web-based recording studio for music creation. It is a music co-creation and sharing platform. Musicians can create the music collaboratively with other musicians. Users can record their own musical performances and voice tracks and add them into an audio mix. It also provides a sound trap for education feature for the schools. Available for Mac, Windows, iPad, Android tablets and phones, iPhones, Linux and Chromebooks. The mobile app is available for Android and iOS devices. Generates revenue through in-app purchases.

Website: www.soundtrap.com/musicmakers
Social

Key Metrics

Founded Year

2012

Location

Stockholm, Sweden

Stage

Acquired

Total Funding

$8.5M in 4 rounds

Latest Funding Round

Series A, Oct 10, 2016, $*****

Investors

Industrifonden & 1 more

Ranked

3^rd among 133 active competitors

Employee Count

95 as on Jun 30, 2026

Similar Companies

BandLab & 199 more

Exit Details

Acquired by Spotify (Nov 17, 2017)

View Soundtrap's full profile

Soundtrap got acquired by Spotify on Nov 17, 2017.

Click here to take a look at Soundtrap's acquisition in detail

Soundtrap has raised a total funding of $8.5M over 4 rounds. Its first funding round was on Jun 29, 2015. Its latest funding round was a Series A round on Oct 10, 2016 for $*****. 2 investors participated in its latest round. Soundtrap has 1 institutional investor and 1 angel investor.

Here is the list of recent funding rounds of Soundtrap:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 10, 2016	2584478	Series A	3056611	2930691	7923210	5799570
Jun 06, 2016	8732440	Seed	3155882	8901623	9903456	4677581
Nov 29, 2015	5430236	Seed	9999192	8285967	4163550	7196171

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View details of Soundtrap's funding rounds and investors

The founders of Soundtrap is Fredrik Posse.

Here are the details of Soundtrap's key team members:

Fredrik Posse: Co-founder of Soundtrap. They are also an angel investor in 2 startups.

View details of Soundtrap's Founder profiles and Board Members

Soundtrap's employee count trend

Soundtrap has 95 employees as of Jun 26. Here is Soundtrap's employee count trend over the years:

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Top competitors of Soundtrap include BandLab, Hyph and Boombox. Here is the list of Top 10 competitors of Soundtrap, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BandLab 2014, Singapore (Singapore), Series B	Cloud-based music creation platform	$143M	Vulcan Capital, Cercano Management & 4 others	69/100
2nd	Hyph 2022, New York City (United States), Unfunded	Online platform offering music creation tools	-	-	57/100
3rd	Soundtrap 2012, Stockholm (Sweden), Acquired	Music co-creation and sharing platform	$8.5M	Industrifonden & 1 others	55/100
4th	Boombox 2021, San Francisco (United States), Seed	Cloud-based platform offering music collaboration solutions	$7M	Forerunner Ventures, Ulu Ventures & 1 others	54/100
5th	Vampr 2015, Henderson (United States), Acquired	App-based platform for music collaboration	$2.88M	Angel Effect, Atanova & 1 others	53/100
6th	DISCO 2015, Melbourne (Australia), Funding Raised	Music collaboration platform for music professionals	-	Bridford Group	52/100
7th	mayk 2020, Santa Monica (United States), Seed	Online digital collaborative platform for music creation	$4.52M	Greycroft, Night Ventures & 12 others	49/100
8th	Rocket Network 1994, San Francisco (United States), Acquired	Platform that enables audio professionals to collaborate online	$44M	Weston Presidio, Cisco Investments & 3 others	47/100
9th	Dextra 2016, Delhi (India), Seed	Online platform for collaborative content production	$336K	LetsVenture, JITO Incubation & Innovation Foundation ... & 16 others	44/100
10th	MyPart 2016, Tel Aviv (Israel), Series A	Online crowdsourcing platform for artistic community collaboration	$2.75M	Firstime, ATA Ventures & 2 others	44/100