# Podcastle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/podcastle

- Industry: Software
- Headquarters: US
- Website: www.podcastle.ai
- Total disclosed funding: $15M
- Latest round: Series A (Feb 1, 2024)
- Investors on record: 7

## About

Based in Delaware, US, and founded in 2020 by CEO Artavazd Yeritsyan, Podcastle Inc., a.k.a. Podcastle operates as a software company that focuses on developing an artificial intelligence tool that converts text to podcasts by using a browser extension based on machine learning. In February 2024, Podcastle Inc. raised USD 13.5 million in a Series A funding led by Mosaic Ventures, with participation from RTP Global, Point Nine Capital, Sierra Ventures, and AI Fund.

The company provides an AI-powered platform designed to simplify audio and video content creation. The platform includes features such as a user-friendly audio editor with AI noise removal, a video editor with custom branding tools, and AI-generated voices for quick podcast creation. Podcastle supports various content types, including audio and video podcasts, audiobooks, remote interviews, voiceovers, webinars, and educational content. Users can record, edit, and publish their content on all major platforms, enhancing audience reach.

Podcastle generates revenue from subscriptions to its platform packages, which include Storyteller (USD 3 per month), Pro (USD 8 per month), and Teams (custom pricing).

The company plans to use its proceeds from February 2024 funding to scale up its operations.

## Funding rounds

- Series A, Feb 1, 2024, $14M — Sierra Ventures, RTP Global, Point Nine, Mosaic Ventures, AI Fund
- Seed, Nov 4, 2020, $1.8M — Sierra Ventures, Correlation Ventures, AI Fund
- Seed, Aug 6, 2020 — SmartGateVC

## Investors

- SmartGateVC (https://capitalatlas.ai/funds/smartgatevc) — Seed
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed, Series A
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed
- AI Fund (https://capitalatlas.ai/funds/ai-fund) — Seed, Series A
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Series A
- Mosaic Ventures (https://capitalatlas.ai/funds/mosaic-ventures) — Series A