# Sonos

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

- Industry: Electronics
- Headquarters: Goleta, US
- Website: www.sonos.com
- Total disclosed funding: $225M
- Latest round: Series D (Jul 31, 2012)
- Investors on record: 5

## About

Sonos, Inc., based in the US, specializes in high-fidelity wireless audio technology, creating exceptional audio products that transform the listening experience in homes and businesses alike.Founded in 2002 in Goleta, US, Sonos, Inc. develops innovative wireless audio solutions. The company went public in August 2018, raising USD 208.50 mn in its IPO, selling shares at USD 15 each. The founder, Trung Mai, has been instrumental in shaping the company's direction, while Hannes Egli and Patrick Spence currently serve as CEOs. Sonos has completed 11 deals, with the most recent deal occurring on August 1, 2018, when it raised funds through its IPO, totaling USD 208.50 mn.Sonos specializes in high-quality audio products, including wireless speakers, soundbars, and headphones, designed to enhance listening across various environments. Their audio technology features Trueplay™, which customizes sound based on room acoustics. Sonos targets both individual consumers and commercial clients, marketing its products globally, including in North America, Europe, and parts of Asia.In the most recent fiscal year 2024, Sonos reported a revenue of USD 1,518.06 mn and an EBITDA of USD 4.33 mn, primarily generated through direct sales of audio products and software services.Sonos aims to expand its product line with new audio solutions set to launch in upcoming quarters. The company is also looking to penetrate additional markets in Asia and Europe by 2025. The recent IPO funds will be utilized to support product development and market expansion initiatives, enhancing their presence in the audio technology sector.

## Funding rounds

- Series D, Jul 31, 2012, $45M — Redpoint Ventures, Elevation Partners
- Series F, Jun 18, 2012, $135M — KKR, Redpoint Ventures, Elevation Partners
- Series C, Mar 12, 2010, $25M — Index Ventures
- Series B, May 14, 2007, $4.8M — Headline
- Series A, Jul 28, 2005, $15M — Headline

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Series A, Series B
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series C
- KKR (https://capitalatlas.ai/funds/kkr) — Series F
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series F, Series D
- Elevation Partners (https://capitalatlas.ai/funds/elevation-partners) — Series F, Series D