Podz

New York, United States Founded: 2020 • Age: 6 yrs Acquired By Spotify
Podcast highlights are created and streamed using AI technology.
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About Podz

Podz is a company based in New York (United States) founded in 2020 was acquired by Spotify in June 2021.. Podz has raised $4.8 million across 2 funding rounds from investors including Spotify, Canaan and M13 Company. Podz operates in a competitive market with competitors including Pocket Casts, Fireside Chat, SoundOn, Concept.io and Inspigo, among others.

  • Headquarter New York, United States
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    Feb 10, 2021

  • Investors
    Spotify

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Spotify

    (Jun 18, 2021)

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Funding Insights of Podz

Podz has successfully raised a total of $4.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in February 2021. 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 Rounds 2
  • Last Round Seed — $2.5M
  • First Round

    (16 Jan 2020)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Seed - Podz Valuation M13 Company
Jan, 2020 Amount Seed - Podz Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Podz

Podz has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Spotify, Canaan and M13 Company. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by M13 venture capital fund.
Founded Year Domain Location
Venture capital investments are directed toward startups by the firm.
Founded Year Domain Location
Canaan is recognized as an early-stage venture capital firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Podz

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Podz

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Podz Comparisons

Employees
+
Add Comparison
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Competitors of Podz

Podz 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 Pocket Casts, Fireside Chat, SoundOn, Concept.io and Inspigo, 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
Podcasts are searched, browsed, and played across multiple devices.
domain founded_year HQ Location
Online podcast streaming platform
domain founded_year HQ Location
Podcast player application
domain founded_year HQ Location
Podcasts are streamed via an app-based platform.
domain founded_year HQ Location
Podcasts on personality development and success are streamed via Inspigo.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Podz

Frequently Asked Questions about Podz

When was Podz founded?

Podz was founded in 2020.

Where is Podz located?

Podz is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Podz a funded company?

Podz is a funded company, having raised a total of $4.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Jan 16, 2020.

What does Podz do?

Podz was founded in 2020 in New York, United States, operating in the audio technology sector. An AI-enabled platform is utilized to generate short clips from podcasts, enabling users to stream highlights directly. Interaction features allow tapping on clips to access full episodes, maintaining favorites lists, and exploring new content. The service is delivered through an iOS application, with the domain listentopodz.com.

Who are the top competitors of Podz?

Podz's top competitors include Pocket Casts, Fireside Chat and Player FM.

Who are Podz's investors?

Podz has 7 investors. Key investors include Spotify, Canaan, M13 Company, Charge Ventures, and humbition.

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