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SoundHound

From Wikipedia, the free encyclopedia
American music and speech recognition company
Not to be confused withSoundCloud.

SoundHound AI, Inc.
Headquarters in Santa Clara
Company typePublic
NasdaqSOUN
Industry
FoundedSeptember 2005; 20 years ago (2005-09)
Founder
  • Keyvan Mohajer
  • Majid Emami
  • James Hom
HeadquartersSanta Clara, California, United States
Key people
Keyvan Mohajer (CEO)
Mike Zagorsek (COO)
Tim Stonehocker (CTO)
Nitesh Sharan (CFO)
Shawnna DelHierro (CIO)
Products
  • Chat AI Automotive
  • Smart Answering
  • Smart Ordering
  • Dynamic Drive-Thru
  • Voice Commerce
RevenueIncreaseUS$84.7 million (2024)
Number of employees
700 (2024)
Websitesoundhound.com
Footnotes / references
[1]

SoundHound AI, Inc. (Nasdaq: SOUN) is a voiceartificial intelligence (AI) company founded in 2005. It is headquartered inSanta Clara,California.

SoundHound provides voice-recognition and synthesis software for use in business and sales applications.[2][3][4] The company holds more than 250 technology patents[5] It supports voice AI in 25 languages.[6]

History

[edit]

The company was co-founded in 2005 by Keyvan Mohajer, anIranian-Canadian computer scientist and entrepreneur,[7] who received informal mentorship from Nvidia CEO Jensen Huang.[8]

In 2009, the company's music discovery appMidomi was rebranded as SoundHound but was still available as a web version on midomi.com until February 2025.[9][10] The app grew from 2 million users in January 2010 to 100 million users in September 2012.[11]

In 2015, SoundHound became the first music recognition service shipping in cars, in a partnership withHyundai, in the newGenesis model.[12]

In December 2015, SoundHound launched a voice AI platform which was designed to add a voice-enabled interface to other products and services.[13]

In December 2023, SoundHound acquired SYNQ3 Restaurant Solutions, a provider of voice AI for restaurants, for $25 million.[14]

In 2023–2024, SoundHound partnered withJersey Mike's Subs andWhite Castle to provide voice AI phone ordering at drive-thrus at hundreds of locations.[15][16] The company's customer base also includesApplebee's,Beef O'Brady's,Casey's General Stores,Chipotle,Church's Texas Chicken,Habit Burger,Noodles & Company,Torchy's Tacos, andRed Lobster.[17][18][19][20] In October 2024, SoundHound claimed their phone ordering technology had processed over 100 million interactions with restaurant customers.[21]

In June 2024, SoundHound acquired Allset, a restaurant ordering marketplace founded out of Ukraine.[22]

In August 2024, SoundHound acquiredAmelia AI for $85 million.[23]

In September 2025, it was announced that SoundHound had completed its acquisition ofInteractions LLC, a company specializing in AI for customer service and workflow orchestration.[24]

Funding

[edit]

According to a June 2015 article, SoundHound Inc. had raised a total of $40 million in funding with investments fromGlobal Catalyst Partners, Translink Capital, Walden Venture Capital, and others.[25] This included $7 million in a Series B funding round the company secured in October 2008, bringing total funds raised to $12 million at that time. The round was led by TransLink Capital with the participation of JAIC America and Series A investor Global Catalyst Partners.[26] In 2009, SoundHound attracted additional funding from Larry Marcus at Walden Venture Capital, who had previously invested in music startupsPandora andSnocap. The $4 million funding round was led by Walden Venture Capital VII, with the participation of an unnamed device manufacturer.[27]

In January 2017, the company raised another $75 million in an investment round that includedNvidia,Samsung,Kleiner Perkins Caulfield & Byers, and others.[28]

As of January 2018, the valuation of the company had reached $1 billion.[29] Announced in May 2018, SoundHound raised $100 million from a funding round led byTencent and joined byDaimler AG,Hyundai Motors,Midea Group, andOrange S.A.[30]

In November 2021, SoundHound first announced the merger with Archimedes Tech SPAC Partners Co to go public with $2.1B valuation, with $111 million of investments from Oracle, Qatar First Bank,Koch Industries, and MKaNN Ventures, Cota Capital, VIZIO, HTC, FIH Mobile (a Foxconn Technology Group company), and others.[31][32]

On April 28, 2022, the combined company SoundHound AI, Inc. went public, listed under the symbol SOUN on theNasdaq.[33]

In November 2022, the company implemented a 10% workforce reduction and salary adjustments.[34] Reports at the time indicated that SoundHound had secured less than half of the anticipated funds from its SPAC merger.[35] In January 2023, the company reduced its workforce by approximately 50%, driven by the need to realign financial strategies and expedite the company's path to profitability amid evolving market conditions.[36]

In April 2023, SoundHound secured $100 million in strategic financing.[37]

In February 2025, Nvidia disclosed in a regulatory filing that it had sold its stake in SoundHound.[38] Later in March 2025, SoundHound participated in Nvidia GTC 2025 and announced an expanded collaboration with Nvidia, integrating Nvidia AI Enterprise.[39]

In the second quarter of 2025, the company reported a revenue of $42.7 million, an increase of 217% year-over-year.[40]

Awards and recognition

[edit]

SoundHound won the 2020Webby Award for Productivity (Voice) in the category Apps, Mobile & Voice.[41]

See also

[edit]

References

[edit]
  1. ^"SoundHound AI, Inc. 2023 Annual Report (Form 10-K)".U.S. Securities and Exchange Commission. March 1, 2024.
  2. ^Lucas, Peter (May 5, 2023)."Presto Rolls Out Voice Ordering; SoundHound Integrates Voice Ordering With Oracle's POS".Digital Transactions. RetrievedOctober 4, 2024.
  3. ^Godwin, Cody (December 2, 2022)."Does the future of drive-thrus look less human? AI software shows off order-taking skills".USA TODAY. RetrievedOctober 4, 2024.
  4. ^"10-K Annual Report Fri Mar 01 2024".Last10K.com. RetrievedOctober 4, 2024.
  5. ^"SoundHound Patents – Insights & Stats (Updated 2024)".Insights;Gate. RetrievedOctober 4, 2024.
  6. ^Yu, Jea (February 8, 2023)."Is SoundHound Voice AI the Next Big Thing?".The Globe and Mail. RetrievedOctober 4, 2024.
  7. ^Kalinic, Stjepan (December 14, 2023)."SoundHound CEO Keyvan Mohajer: Building Technology So Advanced, It Feels Like Magic'".Benzinga. RetrievedOctober 3, 2024.
  8. ^Fore, Preston (September 5, 2025)."Nvidia CEO Jensen Huang sent research reports on Sundays to SoundHound's CEO for feedback—an unusual ritual that helped grow the $5 billion AI firm".Fortune. RetrievedSeptember 9, 2025.
  9. ^Rollison, Damian (January 27, 2010)."Tune identifier SoundHound announces new version with Pandora, tour dates". Venturebeat. RetrievedMarch 1, 2016.
  10. ^"midomi.com". Archived from the original on February 14, 2025. RetrievedOctober 11, 2025.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  11. ^Empson, Rip (September 20, 2012)."Chasing Shazam, SoundHound Quietly Passes 100M Users, Averaging 200K Downloads/Day".TechCrunch. RetrievedOctober 1, 2024.
  12. ^"Hyundai and Kia tap SoundHound to help you identify music in your car".Engadget. January 14, 2014. RetrievedJune 5, 2015.
  13. ^Ha, Anthony (December 15, 2015)."SoundHound Launches Houndify Platform To Add A Voice Interface To Other Apps And Devices".TechCrunch. RetrievedOctober 1, 2024.
  14. ^Rossolillo, Nicholas (December 8, 2023)."SoundHound AI Bets on the Restaurant Industry -- Is the Stock a Buy Before the End of 2023?".The Motley Fool. RetrievedDecember 8, 2023.
  15. ^Canham-Clyne, Aneurin (January 25, 2024)."Jersey Mike's to use SoundHound's phone AI in at least 50 restaurants".Restaurant Dive. RetrievedOctober 9, 2024.
  16. ^David, Emilia (August 2, 2023)."White Castle will bring more AI to its drive-thrus".The Verge. RetrievedOctober 9, 2024.
  17. ^"SoundHound AI Eclipses 100 Million Interactions in Restaurant Phone Orders".QSR Magazine. October 31, 2024. RetrievedNovember 1, 2024.
  18. ^Canham-Clyne, Aneurin (December 5, 2024)."Torchy's Tacos deploys phone AI ordering".Restaurant Dive. RetrievedJanuary 20, 2025.
  19. ^Canham-Clyne, Aneurin (December 11, 2024)."Church's Texas Chicken turns to drive-thru AI".Restaurant Dive. RetrievedJanuary 20, 2025.
  20. ^Guszkowski, Joe (September 23, 2025)."Red Lobster and Captain D's add AI voice ordering".Restaurant Business. RetrievedSeptember 25, 2025.
  21. ^"SoundHound AI Eclipses 100 Million Interactions in Restaurant Phone Orders".QSR Magazine. October 31, 2024. RetrievedNovember 1, 2024.
  22. ^David, Emilia (June 20, 2024)."SoundHound buys Allset to bring AI voice ordering to more drive-throughs".VentureBeat. RetrievedJanuary 15, 2025.
  23. ^"SoundHound Expands Reach of Conversational AI Offering With Amelia Acquisition".PYMNTS. August 8, 2024. RetrievedJanuary 15, 2025.
  24. ^Mitchell, Charlie (September 9, 2025)."SoundHound AI Acquires Interactions for $60MN, Converges the Conversational AI Space".CX Today. RetrievedSeptember 12, 2025.
  25. ^Winkler, Rolf (June 2, 2015)."SoundHound App Emerges to Take On Apple and Google in Voice Search". Wall Street Journal. Archived fromthe original on June 12, 2015. RetrievedMarch 1, 2016.
  26. ^Staff, V. C. J. (October 8, 2008)."Melodis Adds $7 Million".Venture Capital Journal. RetrievedNovember 7, 2023.
  27. ^Wauters, Robin (August 25, 2011)."Music Search Startup SoundHound Partners With Spotify For Instant Streaming". TechCrunch. RetrievedMarch 1, 2016.
  28. ^Yeung, Ken (January 31, 2017)."SoundHound raises $75 million to expand access to its Houndify voice-powered platform".VentureBeat.com. VentureBeat. RetrievedJanuary 31, 2017.
  29. ^Schleifer, Theodore (January 24, 2018)."SoundHound, once just a music-recognition app, is now a billion dollar company". recode. Archived fromthe original on January 25, 2018. RetrievedSeptember 8, 2023.
  30. ^Lynley, Matthew (May 3, 2018)."SoundHound has raised a big $100M round to take on Alexa and Google Assistant". TechCrunch. RetrievedSeptember 21, 2018.
  31. ^"INSERTING and REPLACING SoundHound Inc., Global Leader in Voice AI Technology, to Become Publicly Traded Through Proposed Merger With Archimedes Tech SPAC Partners Co".www.businesswire.com (Press release). November 16, 2021. RetrievedJanuary 16, 2022.
  32. ^"Qatar First Bank invests in US-based voice AI firm, SoundHound - NNR".NewsnReleases (Press release). November 28, 2021. RetrievedJanuary 16, 2022.
  33. ^"SoundHound Announces Closing of Business Combination" (Press release). April 27, 2022.
  34. ^Singh, Jagmeet (November 10, 2022)."SoundHound, the voice AI platform, lays off 10% of staff citing 'challenging market conditions'".TechCrunch. RetrievedOctober 3, 2024.
  35. ^Schubarth, Cromwell (November 10, 2022)."SoundHound is slashing 10% of its staff and cutting the pay of other workers".www.bizjournals.com. RetrievedMay 28, 2024.
  36. ^DeGeurin, Mack (January 13, 2023)."Voice AI Company SoundHound Lays Off Nearly Half Its Staff and Offers 'Pitiful' Severance".Gizmodo. RetrievedJuly 19, 2024.
  37. ^"SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners".www.businesswire.com (Press release). April 17, 2023. RetrievedOctober 6, 2024.
  38. ^Singh, Jaspreet (February 14, 2025)."Nvidia cuts stake in Arm Holdings, discloses position in China's WeRide".Reuters. RetrievedFebruary 24, 2025.
  39. ^"SoundHound AI Delivers Faster, Smarter Voice Assistants At Scale with NVIDIA AI Enterprise".Yahoo Finance. March 19, 2025. RetrievedMarch 24, 2025.
  40. ^"SoundHound Stock Soars 20% on 'Strongest Ever Quarter'".Barron's. August 8, 2025. RetrievedAugust 12, 2025.
  41. ^Kastrenakes, Jacob (May 20, 2020)."Here are all the winners of the 2020 Webby Awards".The Verge. RetrievedMay 22, 2020.

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