About Podcastle
Podcastle is a company based in Middletown (United States) founded in 2020 by Arto Yeritsyan.. Podcastle has raised $22.25 million across 3 funding rounds from investors including RTP Global, Mosaic Ventures and Point Nine. Podcastle offers products and services including Audio Editor, Video Editor, AI Voices, and Recording Studio. Podcastle operates in a competitive market with competitors including AudioDots, Audioboost, Woord, Adauris and Voicepods, among others.
- Headquarter Middletown, United States
- Founders Arto Yeritsyan
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Sectors
Media & EntertainmentTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Podcastle, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.25 M (USD)
in 3 rounds
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Latest Funding Round
$13.5 M (USD), Series A
Feb 02, 2024
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Investors
RTP Global
& 7 more
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Employee Count
Employee Count
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Products & Services of Podcastle
Podcastle offers a comprehensive portfolio of products and services, including Audio Editor, Video Editor, AI Voices, and Recording Studio. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Edits crystal-clear audio tracks with noise removal.
Edits videos quickly with AI enhancements.
Creates audio from text using voice cloning.
Records video effortlessly with teleprompter support.
Unlock access to complete
Funding Insights of Podcastle
Podcastle has successfully raised a total of $22.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $13.5 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $13.5M
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First Round
First Round
(04 Nov 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Podcastle | Valuation | Mosaic Ventures | |
| Oct, 2021 | Amount | Series A - Podcastle | Valuation | Point Nine , RTP Global | |
| Nov, 2020 | Amount | Seed - Podcastle | Valuation | Sierra Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Podcastle
Podcastle has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include RTP Global, Mosaic Ventures and Point Nine. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments in European sectors are managed by Mosaic Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technology companies
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward marketplace and SaaS companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Podcastle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Podcastle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Podcastle Comparisons
Competitors of Podcastle
Podcastle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AudioDots, Audioboost, Woord, Adauris and Voicepods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI solutions for text-to-audio conversion are provided by AudioDots.
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| domain | founded_year | HQ Location |
Audio technology platform for generating spoken articles and boosting user engagement.
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| domain | founded_year | HQ Location |
Offers online text-to-speech conversion using AI voices across various languages and formats.
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| domain | founded_year | HQ Location |
Written content is converted into podcast audio via AI platform.
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| domain | founded_year | HQ Location |
Provides AI voice generation, cloning, and deepfake detection services worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Podcastle
Frequently Asked Questions about Podcastle
When was Podcastle founded?
Podcastle was founded in 2020.
Where is Podcastle located?
Podcastle is headquartered in Middletown, United States.
Who is the current CEO of Podcastle?
Arto Yeritsyan is the current CEO of Podcastle. They have also founded this company.
Is Podcastle a funded company?
Podcastle is a funded company, having raised a total of $22.25M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.75M, raised on Nov 04, 2020.
What does Podcastle do?
Podcastle was founded in 2020 by Arto Yeritsyan in Middletown, United States. The platform functions in the AI-driven audio technology sector, enabling the transformation of text-based content such as news articles into podcast episodes. Machine learning-based speech synthesis is employed to generate human-like voices. Operations are centered on a browser extension compatible with Google Chrome, facilitating user access to audio conversions.
Who are the top competitors of Podcastle?
Podcastle's top competitors include AudioDots, Adauris and Audioboost.
What products or services does Podcastle offer?
Podcastle offers Audio Editor, Video Editor, AI Voices, and Recording Studio.
Who are Podcastle's investors?
Podcastle has 8 investors. Key investors include RTP Global, Mosaic Ventures, Point Nine, Sierra Ventures, and AI.FUND.