Podimo

Copenhagen, Denmark Founded: 2019 • Age: 7 yrs Minicorn
Podcasts and audiobooks are provided through a creator-focused audio platform.

About Podimo

Podimo is a Media & Entertainment company based in Copenhagen (Denmark) founded in 2019 by Sverre Dueholm, Eva Kirstine Laegdsgaard, Andreas Sachse, Morten Qvist Strunge, and Nikolaj Koppel. Podcasts and audiobooks are provided through a creator-focused audio platform. It operates on a Subscription Services model. 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. Podimo has completed 3 acquisitions, including BesserFM, Podads and Tonny Media. Podimo was last valued at $393.37 million in September 2022. Its chief executive, as recorded, is Morten Qvist Strunge. Its website podimo.com draws about 1.5 million monthly visits. Podimo offers products and services including Exclusive Podcasts and Audiobooks. Its focus areas include Media, Digital Media and Audio Streaming. Its legal entity is Podimo ApS.

Company details

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.

  • Headquarters Copenhagen, Denmark
  • Employees 84
  • Founders Sverre Dueholm, Eva Kirstine Laegdsgaard, Andreas Sachse, Morten Qvist Strunge, Nikolaj Koppel
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Website category Arts and Entertainment · Music
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website podimo.com
  • Social LinkedIn X Facebook
  • Legal Name Podimo Aps
Key Metrics
  • Annual Revenue
    $21.59 M (USD)
    232
    as on Dec 31, 2022
  • Net Profit
    -$44.99 M (USD)
    -385
    as on Dec 31, 2022
  • EBITDA
    -$44.82 M (USD)
    -384
    as on Dec 31, 2022
  • Total Equity Funding
    $223.91M (USD)

    in 6 rounds

  • Latest Funding Round
    $48.21M (USD), Series B

    Dec 2023

  • Investors
  • Employee Count
    84
  • Investments & Acquisitions
    BesserFM

    & 2 more

Products & Services of Podimo

Podimo offers a comprehensive portfolio of products and services, including Exclusive Podcasts and Audiobooks.

Exclusive Podcasts
Audio Entertainment

Exclusive podcasts are offered for diverse daily listening moments.

Audiobooks
Audio Entertainment

Audiobooks are provided, including bestsellers and various genres.

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.

  • Total Funding $223.91M
  • Total Rounds 6
  • Last Round Series B β€” $48.21M
  • First Round $7.21M

    (Jun 2019)

  • Investors Count 10

All 6 funding rounds of Podimo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2023$48.21MSeries B–Danmarks Eksport og Investeringsfond, Highland Capital Partners
Sep 2022$59.02MSeries B$393.37M83NORTH, Highland Europe
Nov 2021$78MSeries B$315.03M83NORTH, Highland Europe
Feb 2021$14.52MSeries A$β€’β€’β€’β€’β€’Chr. Augustinus Fabrikker
May 2020$16.95MSeries A$β€’β€’β€’β€’β€’83NORTH
Jun 2019$7.21MSeed$β€’β€’β€’β€’β€’Headline, Heartcore Capital
–
Valuation history
DateValuationStage
Sep 2022$393.37Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2021$315.03Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Podimo

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Last known valuation $393.37M (Sep 2022). 10 investors in total: 10 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by this private equity firm.
augustinusfabrikker.dkCopenhagen, Denmark
Venture capital investment and entrepreneur support services.
hcp.com
Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
83north.comLondon, United Kingdom
Growth-stage consumer and enterprise technology companies are funded.
highlandeurope.comLondon, United Kingdom
Venture capital funding is provided by Saban Ventures in Israel.
sabanventures.comTel Aviv, Israel
Venture capital firm investing in multiple sectors
heartcore.comCopenhagen, Denmark
Investments are made in early-stage tech startups across multiple sectors.
headline.comSan Francisco, United States
Early-stage investments across multiple sectors are conducted by this firm.
possible.venturesMunich, Germany
Financial services are provided for export and investment sectors.
2022eifo.dkHellerup, Denmark
Backs fund managers and founders in disruptive technologies and tech ecosystems.
2020aldea.venturesBarcelona, Spain
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Investor details for Podimo

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People of Podimo

111 people are tracked at Podimo (39 in leadership, 72 in team); the tracked headcount is 84.

NameRoleGroup
Sverre Dueholm
Co-FounderLeadership
Eva Kirstine Laegdsgaard
Co-FounderLeadership
Andreas Sachse
Co-FounderLeadership
Morten Qvist Strunge
Founder & CEOLeadership
Nikolaj Koppel
Co-FounderLeadership
Sachin Doshi
Chief Content OfficerLeadership
Morten Strunge
Founder & CEOLeadership
Alexandra Löwenstein
Deputy Head, ContentLeadership
Christina Urban Sørensen
Global Director of CRMLeadership
Wendolín Perla
Head Of Content - Latin AmericaLeadership
Marte Aarland Nyhus
Head Of GrowthLeadership
Carsten Odgaard
Global Director Of Content OperationsLeadership
Isabelle Pinckaers
Head Of MarketingLeadership
Tim de Gier
Head Of ContentLeadership
Nicolai G.
Global Vice President, Brand & Creative MarketingLeadership
Jimmy Mogrip
Global Director Of InsightsLeadership
Pernille Bovien
Global Brand Strategy DirectorLeadership
Jani Junnila
Head Of ContentLeadership
Matt White
Global Director Of Content & ProductionLeadership
María Martinez
Head Of Social GrowthLeadership

91 more people are available in the full profile.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online platform offering podcast publishing solutions
podads.dkCopenhagen, Denmark2020Oct 2024β€’β€’β€’β€’
Manufacturer of water heating systems for domestic, commercial, and industrial use
tonnymedia.nlNetherlands0Sep 2024β€’β€’β€’β€’
Online podcast network
besser.fmBerlin, Germany2018Aug 2019β€’β€’β€’β€’
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Complete acquisition details for Podimo

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  • Exports

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Timeline of Podimo

7 dated milestones of Podimo across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Podimo is founded.
  2. Funding First funding round of $7.2M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires BesserFM.
  5. Funding Latest funding round, Series B, of $48.2M.
  6. Acquisition Acquires Tonny Media.
  7. Acquisition Acquires Podads.

Web traffic of Podimo

The website of Podimo (podimo.com) receives about 1.5M visits a month and ranks #41,370 among all websites worldwide, #3,270 in Music.

  • Monthly visits
    1.5M

    ▲ 11.7% vs previous month

  • Unique visitors
    540.2K

    per month

  • Global rank
    #41,370

    among all websites

  • Category rank
    #3,270

    Arts and Entertainment · Music

Similar websites

Websites whose visitors overlap most with Podimo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
listennotes.com
100%
1M#56,193View details
podcastluisteren.nl
podcastluisteren.nl
95%
#145,031–
radioviainternet.nl
radioviainternet.nl
95%
#493,597–
podcastyradio.es
podcastyradio.es
95%
#847,419–
lydenavnorge.no
lydenavnorge.no
95%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Podimo

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Frequently Asked Questions about Podimo

Podimo was founded in 2019.

Podimo is headquartered in Copenhagen, Denmark.

Morten Qvist Strunge is the CEO of Podimo, as recorded in our data. They have also founded this company.

Podimo is a funded company, having raised a total of $223.91M across 6 funding rounds to date. The company's 1st funding round was a Seed of $7.21M, raised on Jun 2019.

Podimo has 84 employees.

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.

The valuation of Podimo is $393.37M as of Sep 2022.

Podimo operates through Podimo Aps.

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