Soundstripe is a provider of royalty-free music, sound effects, and stock video used by creators, filmmakers and brands. The company offers nearly 200,000 “use anywhere” digital content assets and owns 8,000+ songs in its publishing catalog. Soundstripe has tens of thousands of customers worldwide and has surpassed more than 13 million total song, sound effect and stock video downloads since its launch in 2016. Its publishing catalog has generated hundreds of millions of impressions across distribution outlets. Soundstripe plans to use its new funding to invest in B2B products and services to grow its expanding Enterprise business, as well as to build tools for its core creator customer base. The company will continue investing in its publishing business to leverage content ownership and distribution. Soundstripe provides unlimited, royalty-free music to video producers through a subscription model, employing composers, mix engineers, songwriters and producers to create and maintain its catalog. Licenses cover all uses and remain in effect if a producer cancels or lets a membership expire. Since launching in 2016 the company has issued over 2 million micro-licenses across more than 130 countries and was exceeding 2019 growth expectations. A few months after completing a $4M Series A, Soundstripe received an additional $2M financing from Craft Ventures. The company says the new capital will fund music acquisitions and partnerships and expand relationships with producers, songwriters, and engineers. Soundstripe also plans to expand into the podcast segment, accelerate international growth, and grow its team and product offerings. Soundstripe is a Nashville, Tenn.-based tech-enabled production music company that provides royalty-free music for video through a subscription model. Its catalog music is created by a team of employed composers, mix engineers, songwriters, and producers. Subscribers pay a fee to legally use music in their videos via micro-licenses that cover all uses and remain in effect if membership is canceled or expires. The service targets filmmakers, YouTubers, advertisers, and other video creators seeking to avoid complicated contracts and high fees. Since its 2016 inception, the company has sold over 2 million micro-licenses across more than 130 countries. Soundstripe plans to use new funding to expand its presence, invest in original content, broaden product offerings, and enhance its enterprise solution.

Total raised

$15M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2022