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Sound

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Music NFT marketplace that offers editions

United StatesFounded 2021eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Sound and the history behind them.

About Sound

Sound.xyz operates in the intersection of music and blockchain technology, providing a suite of web3-native tools designed to empower artists and their communities. The platform enables artists to publish songs, sell NFTs, utilize splits, and engage in governance, all within an integrated ecosystem. Sound.xyz primarily serves independent artists looking to leverage blockchain for greater control and monetization of their work. The business model revolves around facilitating NFT sales and offering a comprehensive set of tools that enhance the artist's ability to generate revenue and engage with their audience. By focusing on decentralization and user sovereignty, Sound.xyz aims to create a sustainable economic model for artists, allowing them to thrive in the digital age.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
United States
Employees
8
Open positions
None listed
Dealroom signal
59.7/100
Industry
Music
Sector
eCommerce & Marketplaces, NFT, Web 3.0, Ethereum Ecosystem, Crypto and Web3, Hard Tech
Technology
Blockchain
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jul 2023 $20M $80M Crush Ventures · Ryan Tedder · Andreessen Horowitz · Sound Ventures ↗
SEED✓Equity / VC Dec 2021 $3.7M $15M 21 Savage · DJ Drama · Andreessen Horowitz · Atelier Ventures ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Sound website traffic

Latest recorded traffic for Sound is 4.7K monthly website visits, down 53% over the last three months. Sound's team declined 11.1% over the past year.

Latest monthly visits4.7K 3-month web change-53% 1-year team growth-11.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

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Racer Club LabsA Web 3 game development studio producing the first race-and-earn GameFi for the Esports market Road Town, British Virgin Islands Operational
Ex PopulusThe best collectibles from the industry’s most talented creators San Francisco, United States Operational
DeHorizonCommunity-powered Game Metaverse, making “Play for fun and to Earn” come into reality Morgan Hill, United States Operational
IlluviumGame studio launching P2E NFT games in the blockchain Metaverse Sydney, Australia Operational
The SandboxUser-generated voxels video game based on the Ethereum blockchain Buenos Aires, Argentina Operational
Merit CircleDecentralized Autonomous Organization with a mission to maximize value accrual across different games in the metaverse Amsterdam, Netherlands Operational
FWBFriends with Benefits is the ultimate cultural membership powered by a community of our favorite Web3 artists, operators, and thinkers bound together by shared values and shared incentives ($FWB) Greece Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

20 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

Series A8 investors entered at this stage

Other known investors6 additional known investors

  • 6529 capital
  • A_Capital
  • a16z crypto
  • Archetype
  • Chris Vasquez
  • Palm Tree Crew
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Sound on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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