# Sonarworks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sonarworks

- Industry: Software
- Headquarters: Riga, Latvia
- Website: www.sonarworks.com
- Total disclosed funding: $6.2M
- Latest round: Series A (May 16, 2019)
- Investors on record: 5

## About

Sonarworks Ltd is a technology company that specializes in audio calibration solutions, enhancing sound quality for professional studios and personal listening environments through innovative software.Founded in 2012 by Helmuts Bems and Martins Popelis, Sonarworks Ltd is headquartered in Riga, Latvia. The company focuses on audio calibration technology, enhancing sound quality for users around the globe. It has completed 6 deals, with the latest funding round taking place on July 14, 2021, when it raised EUR 5.10 mn led by Almaz Capital Partners. The total amount raised to date is EUR 5.10 mn.Sonarworks specializes in audio calibration technology designed to enhance sound quality for both studio and personal listening environments. The company's flagship product, SoundID Reference, calibrates speakers and studio headphones to deliver a personalized sound profile tailored to the user’s specific acoustics. This software is utilized by over 250,000 studios and individual creators to improve the accuracy of vocal tracks, ensuring that audio production meets professional standards. Sonarworks also offers SoundID VoiceAI and SoundID Personalization to enhance audio experiences further by utilizing artificial intelligence to adapt sound settings. The company's products are marketed globally, targeting professional audio engineers, music producers, and audiophiles across North America, Europe, and Asia.In 2022, Sonarworks reported a revenue of EUR 3,828,768.60 and an EBITDA of EUR -1,832,923.Following its most recent funding round on July 14, 2021, where Sonarworks raised EUR 5.10 mn, the company plans to accelerate growth and broaden its reach by launching innovative new products aimed at improving personalized sound solutions. Sonarworks is also looking to expand into additional markets, specifically targeting regions in Asia and North America by the end of 2023. The recent funding will be instrumental in supporting these initiatives, enhancing product development, and expanding the company's market presence.

## Funding rounds

- Series A, May 16, 2019, $5.6M — Imprimatur Capital, Practica Capital, Karma Ventures, Revo Capital, Superangel
- Seed, Dec 11, 2017, $0.6M — Karma Ventures

## Investors

- Karma Ventures (https://capitalatlas.ai/funds/karma-ventures) — Seed, Series A
- Imprimatur Capital (https://capitalatlas.ai/funds/imprimatur-capital) — Series A
- Practica Capital (https://capitalatlas.ai/funds/practica-capital) — Series A
- Revo Capital (https://capitalatlas.ai/funds/revo-capital) — Series A
- Superangel (https://capitalatlas.ai/funds/superangel) — Series A