SEK 40m · Other round · Media · Stockholm, Sweden
Stockholm-based Soundtrap has raised SEK 40m in new capital as former investor Industrifonden returns as a shareholder. The financing follows the founders' 2023 buyback of the cloud audio studio from Spotify and marks what chief executive Per Emanuelsson described to Breakit as a new investment phase focused on renewed growth.
Soundtrap runs a browser-based digital audio workstation for creating music and podcasts. Users can record, edit and mix audio with software instruments, loops and effects, then invite collaborators into the same project. The company also sells an education product with multi-seat subscriptions, assignments, learning-management-system integrations and protected groups for schools and districts.
Growth capital follows an ownership reset
This is not a conventional first institutional round. Industrifonden led Soundtrap's $6m Series A in 2016 and exited when Spotify acquired the company in 2017. The founders bought Soundtrap back in 2023; Breakit reported that they remain majority owners while Spotify retains a minority stake. Industrifonden is therefore returning to a business it already knows, but under a different ownership and operating model.
That history changes what the SEK 40m needs to prove. Breakit reported that Soundtrap moved into profit in its latest fiscal year despite lower revenue. Fresh capital can support growth without asking investors to fund the same early product-risk profile as in 2016. The harder question is whether Soundtrap can turn a profitable base into renewed expansion while preserving the operating discipline established after the buyback.
Soundtrap serves two distinct routes to market: individual creators and education customers. Its cloud architecture and real-time collaboration reduce installation friction for both, while school sales can add larger seat-based contracts and administrative integrations. The company has not disclosed a detailed use-of-funds plan, so the relevant evidence will be where growth appears: stronger paid conversion and retention among creators, broader school or district adoption, or higher customer value from product expansion.
The round also reconnects Soundtrap with an investor that saw the company before and after its Spotify chapter. That familiarity may reduce the time needed to understand the product and market, but it does not remove execution risk. The next phase depends on choosing a growth engine that can scale without reversing the profitability progress that made this second act investable.
