# Podcast Network Asia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/podcast-network-asia

- Industry: Media
- Headquarters: Pasig City, Philippines
- Website: www.podcastnetwork.asia
- Total disclosed funding: $0.7M
- Latest round: Seed (Jul 21, 2022)
- Investors on record: 3

## About

Podcast Network Asia is a leading provider of podcast production and post-production services, focusing on enhancing audio content for creators across Southeast Asia and beyond.Founded in 2019 and headquartered in Pasig City, Philippines, Podcast Network Asia specializes in podcast production services. The company was co-founded by Jose Acuna, Ron Baetiong, and Sarah Kearney. Its latest funding round was a Seed round in July 2022, raising USD 0.69 mn from investors including Foxmont Capital Partners, Kumu Networks, Inc., and Lippo Group. The total amount raised to date is USD 0.69 mn, valuing the company at USD 2.39 mn.Podcast Network Asia (PNA) primarily offers comprehensive podcast production and post-production services aimed at content creators in Southeast Asia and beyond. Their core offerings include professional audio editing, episode transcriptions, show notes, and social media assets for promotion. PNA's flagship service, Podmachine, guarantees a 48-hour turnaround for post-production, catering to both novice and experienced podcasters. Additionally, PNA has introduced Serye FM, a platform for premium Filipino audio dramas across various genres, connecting storytellers with diverse audiences.In the most recent year of 2023, Podcast Network Asia reported revenue of USD 303,857.1 and an EBITDA of USD -454,329.2. The company generates revenue through a mix of B2B and B2C transactions, partnering with brands and institutions, as well as providing direct services to customers.Looking ahead, Podcast Network Asia intends to utilize the USD 0.69 mn raised in Seed funding to expand its service offerings and enhance its technological capabilities. The company plans to launch new products aimed at content creators, although specific release dates have yet to be disclosed. Furthermore, PNA aims to expand its market presence not only within the Philippines but also into Indonesia and the United States by the end of 2024, reinforcing its commitment to fostering a robust ecosystem for audio storytelling.

## Funding rounds

- Seed, Jul 21, 2022, $0.7M — Kumu Networks, Inc., Lippo Group, Foxmont Capital Partners

## Investors

- Kumu Networks, Inc. — Seed
- Lippo Group — Seed
- Foxmont Capital Partners (https://capitalatlas.ai/funds/foxmont-capital-partners) — Seed