Gimlet Media
Latest round
- Series B
Last raised
- Aug 2017
Total raised
- $15M
Investors
- 9
About Gimlet Media
Gimlet Media, Inc.Founded in 2014 by Alex Blumberg and Matthew Lieber, Gimlet Media is headquartered in New York, US. The company focuses on producing original podcasts. In February 2019, Gimlet was acquired by Spotify AB for USD 230 mn, marking a significant pivot in its business strategy.Gimlet Media specializes in creating high-quality, narrative-driven podcasts that focus on various genres, including true crime, business, and personal storytelling. Their core offerings consist of original podcast series, meticulously produced to engage listeners through compelling storytelling and professional audio production. These podcasts aim to captivate diverse audiences by providing entertaining and informative content that addresses real-world issues, personal experiences, and cultural phenomena.Gimlet Media generates revenue primarily through advertising and sponsorships integrated into their podcast episodes. The company structures these transactions as partnerships with brands seeking to reach targeted audiences through tailored advertisements embedded within their content. This approach creates a direct connection between advertisers and consumers, enhancing promotional efforts. Gimlet also offers promotional opportunities for specific episodes, attracting sponsors looking for visibility in the podcast landscape.Gimlet Media's future growth strategy includes the development of new podcast series aimed at expanding their content library and enhancing audience engagement. The company plans to explore additional international markets, particularly in regions where podcast consumption is on the rise, to diversify its listener base.
Who invested in Gimlet Media
9 investors across 1 round
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Funding rounds
Series B
Aug 2, 2017
Amount
$15M
Investors
Questions about Gimlet Media
Who invested in Gimlet Media?
Gimlet Media has 9 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Gimlet Media raised?
Gimlet Media has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Gimlet Media last raise money?
Gimlet Media's most recent round on record is a Series B, in Aug 2017.
What does Gimlet Media do?
Gimlet Media is a media company.
Where is Gimlet Media headquartered?
Gimlet Media is headquartered in New York, US.
Which VCs invest in companies like Gimlet Media?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Gimlet Media's stage. Their profiles are linked below.
VCs backing media startups at Series B
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