S
Sound
Music NFT marketplace that offers editions
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Andreessen Horowitz- 2S21 Savage
- DDDJ Drama
Atelier Ventures- HHHolly Herndon
Variant
Series A8 investors entered at this stage
- CVCrush Ventures
- RTRyan Tedder
Sound Ventures
Scalar Capital
Collab+Currency
Coop Records
Coinbase
Snoop Dogg
Other known investors6 additional known investors
- 6C6529 capital
A_Capital
a16z crypto
Archetype- CVChris Vasquez
Palm Tree Crew
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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