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SoundHound

SoundHound AI, Inc. (NASDAQ: SOUN) is an that develops independent voice (AI) solutions, enabling businesses to deliver conversational experiences across industries such as automotive, restaurants, , (IoT) devices, and customer service. Founded in 2005 by Keyvan Mohajer, James Hom, and Majid Emami during their time in Stanford University's doctoral program, the company initially gained recognition for its music identification app, Midomi (later rebranded as SoundHound), which used audio recognition technology to identify songs from hummed or sung queries. Over time, SoundHound evolved into a leader in conversational intelligence, powering voice-enabled interactions that go beyond simple recognition to include and generative AI capabilities. The company's core mission is to "voice-enable the world" by providing an independent Voice platform that integrates proprietary technologies like Speech-to-Meaning® for rapid speech processing and Deep Meaning Understanding® for contextual comprehension of . Key products include the SoundHound Chat , a generative assistant for complex queries; dynamic drive-thru ordering systems for restaurants (enhanced by the 2024 acquisition of Synq3); and enterprise solutions for sectors like automotive, where partnerships with , , and enable in-vehicle voice controls. SoundHound's platform supports multilingual interactions and has been deployed in (e.g., TVs) and , emphasizing scalability and customization without reliance on large tech ecosystems. Since going public on in April 2022 via a SPAC merger, SoundHound has expanded aggressively, acquiring in to bolster its enterprise offerings and reporting strong , with Q3 2025 sales up 67.6% year-over-year. The company has earned accolades such as the 2021 Best Practices Award for conversational and multiple Speech Industry Awards, underscoring its innovation in making voice accessible and effective for real-world applications.

Overview

Founding and leadership

SoundHound AI, Inc. was founded on September 2, 2005, in Santa Clara, California, by Keyvan Mohajer, Majid Emami, and James Hom as a startup focused on music recognition technology under the initial name Midomi. The company evolved from its origins in music identification applications to a broader emphasis on voice artificial intelligence, developing proprietary technologies that enable conversational interactions across consumer and enterprise uses, while maintaining its headquarters in Santa Clara and growing to 842 employees by the end of 2024. Keyvan Mohajer serves as co-founder, president, and , leading the company's strategic direction with a background in and prior entrepreneurial ventures; Majid Emami, another co-founder, holds the role of chief science officer and senior of , overseeing technical ; James Hom, the third co-founder, is , focusing on product development and . Nitesh Sharan acts as , managing fiscal operations and . The founders' initial motivation stemmed from a vision inspired by to enable natural spoken interactions with devices, leveraging speech-to-meaning technology to interpret audio inputs directly into actionable understanding for consumer applications, such as early music discovery tools that attracted over 100 million users by 2012.

Corporate structure and operations

SoundHound AI, Inc. operates as a publicly traded company on the under the SOUN, following its business combination with Archimedes Tech SPAC Partners Co. in April 2022. The corporate structure includes subsidiaries focused on specialized platforms and solutions, such as the wholly owned Synq3 Restaurant Solutions acquired to enhance operational capabilities in the hospitality sector. The company's operational scale is supported by an intellectual property portfolio of nearly 400 granted or pending patents in areas like and as of September 2025. SoundHound's voice AI technology accommodates nearly 30 languages, enabling multilingual interactions for global users. Its platform processes nearly 3 billion conversational AI queries per quarter, reflecting substantial handling of user interactions across industries. Headquartered in , SoundHound maintains additional U.S. offices in locations such as , and extends its global footprint to with an office in Beijing, China, alongside operations in . International expansion has been facilitated through strategic acquisitions that bolster regional presence and capabilities, including the September 2025 acquisition of Interactions to enhance agentic AI offerings. As an independent voice AI platform, SoundHound provides scalable solutions to businesses in sectors including automotive, restaurants, and , allowing integration without reliance on proprietary ecosystems from larger tech firms. In 2024, the company reported revenue of $84.7 million, with Q3 2025 revenue reaching $42 million, up 68% year-over-year.

History

Early development (2005–2014)

SoundHound's origins trace back to 2005, when a group of graduates founded the company initially under the name Melodis Corporation with a focus on advancing voice-enabled technologies. In 2007, the company launched Midomi, a pioneering music recognition platform that allowed users to identify songs by , singing, or playing audio clips through a web-based interface, marking an innovative departure from traditional audio fingerprinting methods. This service quickly gained initial traction among early adopters seeking a novel way to discover music without relying on device microphones for full recordings. By 2009, following the expansion to mobile platforms including an app release that year, Midomi was rebranded as the SoundHound app, signaling a strategic pivot from solely music to broader audio and voice capabilities. The web version of Midomi remained available alongside the app, supporting continued user access to the core humming-based search functionality. This rebranding coincided with growing adoption, as SoundHound integrated features like real-time song and search to enhance user engagement. The platform experienced rapid user growth during this period, reaching 50 million users by October 2011, driven by word-of-mouth and visibility. By September 2012, SoundHound had surpassed 100 million users worldwide, with daily searches exceeding 4 million and peak engagement hitting 1,000 identifications per second, underscoring its appeal in the emerging era. Early development was not without challenges, as SoundHound faced stiff competition from established players like , which dominated the audio recognition market with its audio-capture approach. To differentiate itself, the company emphasized its proprietary Speech-to-Meaning technology, which processed hummed or sung inputs directly into semantic understanding without intermediate transcription steps, enabling faster and more intuitive music discovery. This focus on advanced voice processing helped SoundHound carve out a niche, even as it navigated the technical hurdles of scaling recognition accuracy across diverse user inputs and device limitations.

Product launches and partnerships (2015–2020)

In 2015, SoundHound launched the Houndify platform, a developer toolkit designed to enable the integration of customizable AI interfaces into various applications and devices. This platform supported , allowing developers to build conversational experiences powered by SoundHound's Speech-to-Meaning technology. That same year, SoundHound partnered with to integrate its music recognition capabilities into the 2015 Sonata models equipped with navigation systems, enabling in-car -activated song identification through the SoundHound app. Building on these advancements, SoundHound expanded its automotive presence while enhancing consumer-facing tools. The Hound app, introduced as a standalone voice assistant, featured support for queries, including follow-up questions for tasks like weather updates, calls, and searches, distinguishing it from more rigid command-based assistants. This expansion into consumer apps complemented deeper ties in the automotive sector, where voice AI integrations like those in vehicles began driving broader adoption. From 2017 to 2018, strategic investments from and facilitated key partnerships focused on hardware integration. In early 2017, SoundHound secured $75 million in funding led by GPU Ventures and Catalyst Fund, which supported the development of voice-enabled for edge computing and in-vehicle systems, including applications. These collaborations enabled SoundHound to embed its Houndify platform into 's GPU technologies and 's device ecosystems, accelerating the scaling of conversational across hardware platforms. By 2020, SoundHound's platform innovations earned recognition with a Webby Award in the (Voice) category for its , highlighting advancements in efficient, voice-driven user interactions. This accolade underscored the growing impact of Houndify and related products in enhancing productivity through seamless .

Public listing and growth (2021–2025)

In November 2021, SoundHound announced a merger with Tech SPAC Partners Co., a , valuing the firm at a pro-forma enterprise value of approximately $2.1 billion and providing up to $244 million in gross proceeds. The transaction was completed in 2022, enabling SoundHound to list on the under the SOUN, marking its transition to a publicly traded company. Following its public listing, SoundHound expanded its voice AI applications into the restaurant sector, focusing on automated phone ordering systems to enhance efficiency. By 2023, the company partnered with to deploy its AI voice assistant, named Julia, for drive-thru operations, allowing for of orders. In 2024, SoundHound collaborated with to roll out conversational voice AI for phone ordering at over 50 locations, enabling the system to handle 100% of calls, answer menu queries, and process complex orders without human intervention. Key milestones in 2024 and 2025 underscored SoundHound's scaling in the domain and beyond. By October 2024, its phone ordering technology had processed over 100 million customer interactions across U.S. , facilitating hundreds of millions of dollars in orders and demonstrating robust adoption in quick-service environments. In March 2025, SoundHound expanded its collaboration with to integrate software, accelerating low-latency voice capabilities for applications, particularly in automotive and in-vehicle assistants powered by the AGX platform. SoundHound's growth translated into strong financial performance, with second-quarter 2025 revenue reaching a record $42.7 million, reflecting a 217% year-over-year increase driven by subscriptions and deployments. In the third quarter of 2025, revenue reached $42 million, up 68% year-over-year. The company subsequently raised its full-year 2025 revenue outlook to $165–180 million, signaling confidence in continued expansion amid rising demand for conversational AI solutions.

Technology and products

Core voice AI platform

SoundHound's core voice AI platform, known as Houndify, is an independent and customizable system designed to enable developers to integrate conversational voice interfaces into devices and applications. Launched in , Houndify facilitates the creation of smart assistants that support natural, human-like interactions by processing user inputs through proprietary technologies such as Speech-to-Meaning®, which interprets the semantic intent of spoken words in real-time—even before a sentence is complete—enhancing response speed and accuracy compared to traditional speech-to-text methods. Complementing this, Houndify incorporates Deep Meaning Understanding® to handle contextual nuances and ambiguities in dialogue, allowing for more fluid and intuitive conversations that go beyond simple command recognition. The platform's technological foundation includes nearly 400 granted or pending patents focused on advancements in automatic speech recognition (ASR), voice synthesis, , and agentic AI capabilities. These patents enable multi-turn dialogues where the AI can autonomously manage complex interactions, such as clarifying ambiguities or executing sequential tasks without rigid scripting. What sets Houndify apart from competitors reliant on pre-defined scripts or third-party ecosystems is its emphasis on agentic , which empowers the system to perform autonomous actions and adapt dynamically to user needs in open-ended scenarios. This independent architecture ensures data privacy and customization without dependency on dominant cloud providers. Houndify supports 25 languages, including English, , , , and , broadening its applicability for global deployments. Additionally, through partnerships with , the platform integrates with edge devices like the AGX for automotive applications, enabling low-latency, on-device processing that functions offline while maintaining high performance.

Key applications and integrations

SoundHound's voice technology has been integrated into automotive systems, enabling hands-free control for functions such as music playback, , and settings. In vehicles from , the platform powers dynamic voice recognition that processes natural language commands, allowing drivers to interact conversationally with their cars for tasks like adjusting climate controls or finding routes. This integration, part of a multi-year agreement, extends to other global automotive brands, where SoundHound's Chat assistant handles complex queries in , enhancing driver and convenience across North American markets. In the restaurant industry, SoundHound provides AI-driven voice ordering systems that automate drive-thru and phone interactions, interpreting to process orders accurately and upsell items. For example, deploys SoundHound's voice AI, named , in over 100 locations to handle customer conversations, reducing wait times and improving order accuracy compared to human-operated systems. This solution supports multi-channel ordering, integrating with point-of-sale systems to streamline operations for quick-service chains. SoundHound's conversational serves enterprise by automating interactions across contact centers, resolving inquiries through natural dialogue and integrating with backend systems for efficient support. The platform, now enhanced with capabilities for , enables agents to manage complex tasks like ticket routing and escalation, supporting multilingual conversations for global businesses. These deployments handle high-volume interactions, contributing to billions of annual engagements processed by SoundHound's technology. Beyond core sectors, SoundHound's platform extends to devices, where it enables voice-enabled smart home and consumer products to respond to commands with contextual . In sales , the technology supports and applications by facilitating voice-guided and lead qualification, boosting conversion rates through personalized recommendations. Healthcare integrations include agents for , such as appointment scheduling and query resolution, deployed by providers like to reduce administrative burdens and improve access. Collectively, these applications demonstrate SoundHound's versatility in embedding voice across diverse ecosystems, powering billions of interactions annually.

Funding and financial performance

Investment rounds

SoundHound secured its initial funding through a of $5 million in 2007, followed by Series B rounds totaling $11 million in 2008 and 2009 from investors including Global Catalyst Partners, TransLink Capital, and Walden . By 2015, the company had raised a cumulative $40 million across early-stage rounds, primarily from Global Catalyst Partners and other venture firms, which supported initial product development and market expansion. In January 2017, SoundHound completed a $75 million Series D round led by and Catalyst Fund, with participation from , , Sompo Holdings, Recruit Holdings, , and returning investors such as Global Catalyst Partners and TransLink Capital; this funding valued the company at approximately $830 million and was aimed at scaling its voice AI platform internationally. The company raised an additional $100 million in a Series E round in May 2018, led by Holdings with investments from , , , , , HTC Corporation, , and KT Investment; this round focused on advancing automotive voice AI integrations and brought the total funding to over $200 million pre-IPO. SoundHound went public in 2022 through a SPAC merger with Archimedes Tech SPAC Partners Co., valuing the company at $2.1 billion and providing up to $244 million in gross proceeds for further growth.
DateRound TypeAmount RaisedKey Investors
2007Series A$5 millionUnspecified venture investors
October 2008Series B$7 millionGlobal Catalyst Partners, TransLink Capital
August 2009Series B$4 millionWalden Venture Capital
2015 (cumulative pre-2017)Various early-stage$40 million totalGlobal Catalyst Partners and others
January 2017Series D$75 millionNvidia (lead), Samsung Catalyst Fund (co-lead), Naver, Nomura, Sompo Holdings, Recruit Holdings, Kleiner Perkins, Global Catalyst Partners, TransLink Capital
May 2018Series E$100 millionTencent Holdings (lead), Daimler, Hyundai Motor Company, Midea Group, Orange S.A., Samsung Electronics, HTC, LINE, KT Investment
November 2021SPAC Merger$2.1 billion valuation (up to $244 million proceeds)Archimedes Tech SPAC Partners Co.

Revenue and stock performance

SoundHound AI's revenue has shown significant growth since becoming a , reflecting expanding adoption of its voice AI technologies across automotive, restaurant, and customer service sectors. In 2024, the company reported full-year revenue of $84.7 million, an 85% increase from $45.9 million in 2023. For the third quarter of 2025, revenue reached a record $42 million, up 68% year-over-year, driven by strong performance in its core business pillars including automotive and quick-service restaurants. Management subsequently raised its full-year 2025 revenue guidance to $165–$180 million, up from the prior range of $160–$178 million, citing sustained demand and product momentum. Despite robust revenue expansion, SoundHound continues to face profitability challenges typical of high-growth firms investing heavily in . In Q3 2025, the company posted a net loss of $109.3 million, primarily due to a $66 million non-cash charge related to contingent acquisition liabilities, while its non- net loss narrowed to $13 million or $0.03 per share—better than the expected $0.04 loss per share. Gross margins improved to 42.6% on a basis, supported by operational scale and efficiencies in its platform deployment, though ongoing losses highlight the costs of scaling integrations. With $269 million in cash and no debt as of September 30, 2025, SoundHound maintains a solid to fund growth initiatives. SoundHound's performance has been since its public debut via a SPAC merger in April 2022, following an announcement in November 2021 that valued the company at $2.1 billion. Shares experienced significant fluctuations in 2025, including a 25% drop in February after disclosed selling its entire 1.7 million-share stake in the company, raising concerns about external validation in the space. The dipped further by about 9% in after-hours trading following the Q3 2025 earnings release, despite beating and estimates, amid broader sector and investor focus on path to profitability. As of November 19, 2025, SoundHound's stood at approximately $4.9 billion, underscoring its position in the competitive voice market while highlighting sensitivity to macroeconomic and sector-specific pressures.

Acquisitions and expansions

Major acquisitions

SoundHound AI has pursued a strategy of targeted acquisitions to bolster its voice and conversational AI offerings, particularly in vertical markets like , services, and . In December 2023, the company announced the acquisition of SYNQ3 Restaurant Solutions for $25 million, a deal that closed in January 2024 and integrated SYNQ3's voice AI-driven technologies, including drive-thru ordering and solutions, thereby expanding SoundHound's footprint to over 10,000 locations across major chains. Building on this momentum, SoundHound acquired key assets from Allset in June 2024, an online ordering platform focused on pickup orders that facilitates direct connections between restaurants and local customers while avoiding high commission fees from third-party delivery services. This move enhanced SoundHound's capabilities in food delivery AI integration, enabling seamless voice-enabled ordering across vehicles, phones, and smart devices to create a more unified voice commerce ecosystem for the restaurant industry. In August 2024, SoundHound significantly scaled its conversational presence by acquiring , an established software provider, for approximately $80 million in cash and equity, including the assumption of $39 million in debt. The acquisition brought Amelia's mature platform for building and deploying agents into SoundHound's portfolio, extending its reach to new verticals such as , healthcare, and , and adding hundreds of clients with projected recurring software revenue of around $45 million in 2025. Most recently, in September 2025, SoundHound announced the acquisition of Interactions LLC for about $60 million in cash, with potential additional payments based on performance milestones, to strengthen its agentic capabilities in and workflow orchestration. Interactions' expertise in AI-powered agents and human-AI hybrid solutions complemented SoundHound's voice AI, enabling more advanced, context-aware interactions for enterprise customers in sectors like and .

Strategic partnerships

SoundHound has maintained a longstanding strategic partnership with since 2015, integrating its voice AI technology into Hyundai vehicles to enable advanced in-car voice assistants. This collaboration, initially announced in 2017, expanded in 2019 to power intelligent personal agent features across , , and models, allowing drivers to control , , and functions through commands. In 2022, the partnership was solidified with a seven-year incorporating SoundHound's Edge+Cloud voice AI for enhanced on-device processing and cloud connectivity, which has since extended to additional original equipment manufacturers (OEMs) like , , and for similar voice-enabled automotive experiences. In the technology sector, SoundHound's alliance with , beginning with a 2017 investment as part of a $75 million funding round, has focused on optimizing voice AI for hardware. This partnership has evolved to integrate SoundHound's solutions with Nvidia's DRIVE AGX platform, enabling low-latency, generative AI voice assistants in vehicles without constant cloud reliance. By 2025, the collaboration expanded significantly, with demonstrations at CES and Nvidia's GTC showcasing on-chip voice AI for automotive and broader edge applications, including integrations in Lucid vehicles. Similarly, SoundHound's ties with , also initiated through the 2017 funding round, have centered on device integrations for voice-enabled and commercial systems, such as interactive kiosks and displays. For enterprise applications, SoundHound has forged non-acquisitive collaborations with restaurant chains to deploy -driven ordering systems, exemplified by its 2024 partnership with . This alliance introduced a conversational voice for phone ordering in at least 50 locations, handling full customer interactions from menu inquiries to multi-sub orders, thereby streamlining operations and reducing staff workload for in-store tasks. The system processes calls autonomously, answering questions on allergens, hours, and customizations while integrating seamlessly with existing point-of-sale infrastructure. In 2025, SoundHound advanced its ecosystem through new deals emphasizing agentic for customer service workflows, including a collaboration with Apivia Courtage to deploy 7 in contact centers for automated insurance inquiries and policy management. Additional partnerships, such as with Telarus for distributing solutions to technology advisors and with for restaurant operations, have leveraged these agentic capabilities to orchestrate complex interactions across industries, enhancing adoption in sectors like and . These efforts build on prior acquisitions like to amplify partner reach without overlapping into full buyouts.

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