Podimo

MediaSeries BCopenhagen, Denmarkpodimo.com

Latest round

Series B

Last raised

Nov 2021

Total raised

$101M

Investors

7

About Podimo

Founded in 2019 by CEO Morten Strunge, Nikolaj Koppel, Sverre Dueholm, Andreas Sachse, and Eva Lægdsgaard and based in Copenhagen, Denmark, Podimo ApS offers an open podcast platform that provides organized online content to users. The platform operates in Denmark, Germany, Spain, and across 20 countries in Latin America. As of 2021, the company staffs over 80 employees operating across 8 countries. The company offers a mobile application with a freemium and premium model, that serves customized recommendations to the users through open RSS feeds. The company also provides podcasters with the ability to monetize their content by distributing a proportional percentage of revenue derived from subscription fees to all podcasters that the consumer has listened to, each month. According to the company's revenue share model, podcasters with exclusive delivery agreements receive 50% of the revenue, and those with non-exclusive deals receive 20%. The company generates revenue through a membership subscription which can be purchased either through the website or third-party vendors such as the Apple app store. Podimo also offers a trial period on memberships for a specific period at no or low charges. Subscribed members under the premium model, may have unrestricted and unlimited access to over 600 shows exclusively streaming on the app.

Who invested in Podimo

7 investors across 3 rounds

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Funding rounds

  1. Series B

    Nov 24, 2021

    Amount

    $78M

    Investors

    Locked

  2. Series A

    May 28, 2020

    Amount

    $17M

    Investors

    Locked

  3. Seed

    Jul 3, 2019

    Amount

    $6.7M

    Investors

    Locked

Questions about Podimo

Who invested in Podimo?

Podimo has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Podimo raised?

Podimo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Podimo last raise money?

Podimo's most recent round on record is a Series B, in Nov 2021.

What does Podimo do?

Founded in 2019 by CEO Morten Strunge, Nikolaj Koppel, Sverre Dueholm, Andreas Sachse, and Eva Lægdsgaard and based in Copenhagen, Denmark, Podimo ApS offers an open podcast platform that provides organized online content to users.

Where is Podimo headquartered?

Podimo is headquartered in Copenhagen, Denmark.

Which VCs invest in companies like Podimo?

Among active investors with capital left to deploy, Balderton Capital, Partech Partners, Seedcamp and Felix Capital back media companies at Podimo's stage. Their profiles are linked below.

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