Latest round

Series A

Last raised

Apr 2021

Total raised

$14M

Investors

4

About Dipsea

Dipsea Inc.Founded in 2018 in San Francisco, US, Dipsea Inc. creates and distributes audiobooks centered on romantic themes.83 mn.Dipsea specializes in producing and distributing a range of spicy audiobooks and audio content that centers around immersive romantic narratives. The company's core offerings include contemporary romance audiobooks that feature diverse characters and steamy storylines, crafted by professional writers and narrated by skilled voice actors. Their content is designed to engage listeners by exploring various themes such as forbidden love, queer romance, and fantasy elements, catering to audiences who appreciate nuanced storytelling from a female perspective. Dipsea's products are primarily delivered through their mobile app, available in global markets including the United States, Canada, the United Kingdom, and Australia, where they reach a client base of individuals seeking romantic audio experiences.Dipsea generates revenue through subscription models that grant users access to its extensive library of audiobooks and audio experiences. Clients typically engage with the platform on a monthly or annual subscription basis, allowing them to explore a wide array of narratives without purchasing individual titles. Transactions are structured directly between Dipsea and consumers, making it a direct-to-consumer business model. The app features flagship titles such as "The Ticket" and "Hometown," which exemplify the company’s commitment to producing high-quality content that resonates with its audience. The upcoming launch of new titles is anticipated to attract a broader audience, with specific focus on markets in Europe and Asia expected by the end of 2025. This strategy aims to capitalize on the growing demand for romantic audio content globally. The acquisition by RevenueCat, Inc. in September 2024 will further support these initiatives, although financial terms have not been disclosed.

Who invested in Dipsea

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Apr 15, 2021

    Amount

    $8.2M

    Investors

    Locked

  2. Seed

    Feb 26, 2019

    Amount

    $5.5M

    Investors

    Locked

Questions about Dipsea

Who invested in Dipsea?

Dipsea has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Dipsea raised?

Dipsea has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Dipsea last raise money?

Dipsea's most recent round on record is a Series A, in Apr 2021.

What does Dipsea do?

Dipsea is a media company.

Where is Dipsea headquartered?

Dipsea is headquartered in San Francisco, US.

Which VCs invest in companies like Dipsea?

Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Dipsea's stage. Their profiles are linked below.

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