Soundhound AI Revenue, Growth & Competitor Profile

DBA SOUNDHOUND INC

Company Profile & Annual Report for Soundhound AI

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Soundhound AI Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	51911 News Syndicates
Additional NAICS Codes	812 Personal & Laundry Services
Address	5400 Betsy Ross Drive Santa Clara, CA 95054

Note: Revenues for privately held companies are statistical evaluations.


Soundhound AI's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Soundhound AI's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Soundhound AI is classified as operating in the News Syndicates industry, NAICS Code 51911.

Soundhound AI Annual Revenue and Growth Rate

Soundhound AI	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Soundhound AI's revenues are gauged from an analysis of company filings.

Soundhound AI's Income Statement (based on Industry Averages)

Soundhound AI P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Soundhound AI has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
January 31, 2023	25	100%	$25 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Soundhound AI is developing and marketing. Soundhound AI doesn't have any recent trademark applications, indicating Soundhound AI is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
SOUNDHOUND EDGELITE Recorded computer software for spotting wake words; Recorded computer software for recognizing speech, interpreting natural language, and providing virtual assistant functions; Downloadable computer software development kits (SDKs) for developing speech recognition, natural language understanding, and virtual assistant software; Recorded computer software for performing text-to-speech voice audio synthesis; Downloadable electronic data files featuring neural network parameter sets for synthesizing text-to-speech voices; Downloadable electronic data files featuring neural network parameter sets for spotting wake words in audio; Recorded computer software for operating a virtual assistant device for hotels and restaurants; Recorded computer software for providing a virtual assistant using artificial intelligence technology for hotels and restaurants to make customer bookings and reservations, and answer other customer queries; Preinstalled software for operating a virtual assistant device for hotels and restaurants sold as a component of virtual assistant devices for hotels and restaurants; Recorded computer software for understanding speech for use with smart home devices; Recorded computer software for understanding speech for use with voice enabled robots; Recorded computer software for training of custom wake word spotters for virtual assistants; Recorded computer software for synthesis of text-to-speech voice audio	06/28/2022
SOUNDHOUND EDGE Recorded computer software for spotting wake words; Recorded computer software for recognizing speech, interpreting natural language, and providing virtual assistant functions; Downloadable computer software development kits (SDKs) for developing speech recognition, natural language understanding, and virtual assistant software; Recorded computer software for controlling speech recognition, natural language understanding, and virtual assistant cloud processing; Recorded computer software for performing text-to-speech voice audio synthesis; Neural network parameter sets for synthesizing text-to-speech voices; Neural network parameter sets for spotting wake words in audio; Recorded computer software for use as a virtual assistant device for hotels and restaurants; Recorded computer software for understanding speech for use with voice ordering kiosks, drive-through ordering systems, and retail ordering systems; Recorded computer software for understanding speech for use with voice reservation kiosks; Recorded computer software for understanding speech for use with smart home devices; Recorded computer software for understanding speech for use with voice enabled robots	06/28/2022
MORE HUMAN Recorded computer software for spotting wake words; Recorded computer software for recognizing speech, interpreting natural language, and providing virtual assistant functions; Downloadable computer software development kits (SDKs) for developing speech recognition, natural language understanding, and virtual assistant software; Recorded computer software for controlling speech recognition, natural language understanding, and virtual assistant cloud processing; Recorded computer software for performing text-to-speech voice audio synthesis; Downloadable electronic data files featuring neural network parameter sets for synthesizing text-to-speech voices; Downloadable electronic data files featuring neural network parameter sets for spotting wake words in audio; Recorded computer software for use in biometric speaker identification; Recorded computer software for operating a virtual assistant device for hotels and restaurants; Recorded computer software for providing a virtual assistant using artificial intelligence technology for hotels and restaurants to make customer bookings and reservations, and answer other customer queries; Preinstalled software for operating a virtual assistant device for hotels and restaurants sold as a component of virtual assistant devices for hotels and restaurants; Recorded computer software for use as a voice assistant in automobiles; Recorded computer software for speech recognition in automobiles; Recorded computer software for understanding speech for use with voice ordering kiosks, drive-through ordering systems, and retail ordering systems; Recorded computer software for understanding speech for use with voice reservation kiosks ; Recorded computer software for understanding speech for use with smart home devices; Recorded computer software for understanding speech for use with voice enabled robots; Downloadable computer software for recognizing and identifying music and lyrics; Recorded computer software for recognizing speech from audio received through an application programming interface; Recorded computer software for interpreting natural language expressions received through an application programming interface (API); Recorded computer software that issues custom commands to virtual assistants according to interpretations of natural language; Recorded computer software that provides virtual assistant responses to natural language queries received from automobiles; Recorded computer software that transcribes speech received from internet-of-things (IoT) and mobile devices running applications; Recorded computer software that transcribes speech received from internet service providers; Recorded computer software for providing virtual assistant responses to natural language queries received from mobile devices running applications; Recorded computer software for training of custom wake word spotters for virtual assistants; Recorded computer software for synthesis of text-to-speech voice audio; Recorded computer software for analyzing biometric identification by voice audio; Recorded computer software for processing contact center voice interactions; Recorded computer software for processing and responding to voice requests for hotels, restaurants, and other retailers; Recorded computer software for determining restaurant orders and requests through automatic speech recognition; Recorded computer software for processing and responding to voice requests by phone and voice over IP (VoIP); Recorded computer software for processing voice requests from smart home devices; Recorded computer software for recognizing and identifying music and lyrics	06/22/2022

See all trademarks and details in the Full Report.

Market Share of Soundhound AI's Largest Competitors

A competitive analysis shows these companies are in the same general field as Soundhound AI, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
MCA TH ACP JV	Atlanta, GA	100
DIGITAL TALENT AGENTS LLC D.B.A. INFLUENCE	Columbia, MO	84
IMPACT SALES SOLUTIONS	Holland, OH	65
ACCRETIVE CAPITAL	Detroit, MI	50
ALLVEST INFORMATION SERVICES	Salt Lake City, UT	47
COAST STAR	Manasquan, NJ	38
JOINS AMERICA	Los Angeles, CA	36
FREE PRESS	Washington, DC	36
72POINT	Brooklyn, NY	36

Nearby Competitors

These companies are similar in business line and location to Soundhound AI. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
BARRACUDA NETWORKS	Campbell, CA	100
SOUNDHOUND AI	Santa Clara, CA	28
VARIOUS	Campbell, CA	13
FUNGIBLE	Santa Clara, CA	6
NETLINE	Campbell, CA	5
EXACTBID	Campbell, CA	4

Future Competition: Soundhound AI's Fastest Growing Competitors

These companies are in the same general field as Soundhound AI and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)