About Podimo
Podimo is a company based in Copenhagen (Denmark) founded in 2019 by Sverre Dueholm, Eva Kirstine Laegdsgaard, Andreas Sachse, Morten Qvist Strunge, and Nikolaj Koppel. It operates as a Subscription Services. Podimo has raised $223.91 million across 6 funding rounds from investors including Danmarks Eksport og Investeringsfond, Chr. Augustinus Fabrikker and Highland Capital Partners. The company has 84 employees as of November 30, 2024. Podimo has completed 3 acquisitions, including BesserFM, Podads and Tonny Media. Podimo offers products and services including Exclusive Podcasts and Audiobooks. Podimo operates in a competitive market with competitors including Storytel, Yoto, Beek, Luminary and Fonos, among others.
- Headquarter Copenhagen, Denmark
- Employees 84 as on 30 Nov, 2024
- Founders Sverre Dueholm, Eva Kirstine Laegdsgaard, Andreas Sachse, Morten Qvist Strunge, Nikolaj Koppel
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Podimo Aps
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Annual Revenue
$21.59 M (USD)232as on Dec 31, 2022
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Net Profit
-$44.99 M (USD)-385as on Dec 31, 2022
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EBITDA
-$44.82 M (USD)-384as on Dec 31, 2022
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Total Equity Funding
$223.91 M (USD)
in 6 rounds
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Latest Funding Round
$48.21 M (USD), Series B
Dec 21, 2023
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Investors
Danmarks Eksport og Investeringsfond
& 9 more
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Employee Count
84
as on Nov 30, 2024
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Investments & Acquisitions
BesserFM
& 2 more
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Products & Services of Podimo
Podimo offers a comprehensive portfolio of products and services, including Exclusive Podcasts and Audiobooks.
Exclusive podcasts are offered for diverse daily listening moments.
Audiobooks are provided, including bestsellers and various genres.
People of Podimo
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Funding Insights of Podimo
Podimo has successfully raised a total of $223.91M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $48.21 million completed in December 2023. 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.
Investors in Podimo
Podimo has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Danmarks Eksport og Investeringsfond, Chr. Augustinus Fabrikker and Highland Capital Partners.
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Multiple sectors are invested in by this private equity firm.
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Venture capital investment and entrepreneur support services.
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Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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Investor details for Podimo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Investments & Acquisitions by Podimo
Podimo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BesserFM, Podads and Tonny Media.
Investment portfolio details for Podimo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform offering podcast publishing solutions
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Online podcast network
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Manufacturer of water heating systems for domestic, commercial, and industrial use
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Locked | Locked | 0 | Locked |
Complete acquisition details for Podimo
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Podimo
Detailed financials for Podimo
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- Historical revenue
- Profit trends
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Podimo Comparisons
Peer comparison for Podimo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Podimo
Podimo 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 Storytel, Yoto, Beek, Luminary and Fonos, among others.
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App-based subscription platform for e-books
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Audio-based learning solutions with stories and music are provided.
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Multi-genre audiobooks are delivered via a SaaS platform.
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Original podcasts are streamed via advanced search and recommendations.
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Multi-genre audiobooks are delivered via an app-based platform.
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Detailed competitors of Podimo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Podimo
Complete news archive for Podimo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Podimo
Podimo was founded in 2019.
Podimo is headquartered in Copenhagen, Denmark.
Morten Qvist Strunge is the current CEO of Podimo. They have also founded this company.
Podimo is a funded company, having raised a total of $223.91M across 6 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Podimo is 84.
Annual revenue of Podimo is $21.59M as on Dec 31, 2022.
Podimo is engaged in providing exclusive podcasts and audiobooks tailored for various moments of the day. The company operates in the digital audio entertainment sector, producing content in collaboration with local talents across multiple countries. Solutions are offered through a platform accessible on all devices, ensuring personalized listening experiences. Expansion to additional markets is underway, with a presence already established in seven countries.
Podimo offers Exclusive Podcasts and Audiobooks.
Podimo has made 3 acquisitions, including BesserFM, Podads, and Tonny Media.
Podimo has 10 investors. Key investors include Danmarks Eksport og Investeringsfond, Chr. Augustinus Fabrikker, Highland Capital Partners, 83NORTH, and Highland Europe.
The valuation of Podimo is $393.37M as of Sep 2022.