About Spoon Radio
Spoon Radio is a company based in Seoul (South Korea) founded in 2013 by Hyukjae Choi. Spoon Radio has raised $57 million across 2 funding rounds from investors including Naver, SBI Group and KB Investment. Spoon Radio operates in a competitive market with competitors including Clubhouse, EloElo, Tango, Riverside.fm and GroupMe, among others.
- Headquarter Seoul, South Korea
- Founders Hyukjae Choi
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Sectors
Media & EntertainmentTelecommunications
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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 Spoon Radio Co., Ltd
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Annual Revenue
$4.41 B (USD)-8as on Dec 31, 2022
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Net Profit
$550.37 M (USD)128as on Dec 31, 2022
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EBITDA
$550.37 M (USD)128as on Dec 31, 2022
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Total Equity Funding
$57 M (USD)
in 2 rounds
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Latest Funding Round
$40 M (USD), Series C
Dec 23, 2019
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Investors
Naver
& 9 more
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Employee Count
Not available
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People of Spoon Radio
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Funding Insights of Spoon Radio
Spoon Radio has successfully raised a total of $57M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in December 2019. 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 Spoon Radio
Spoon Radio has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Naver, SBI Group and KB Investment.
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Venture capital fund investing in early-stage tech startups
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Growth stage companies are targeted for private equity investments.
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Early-stage companies are funded by this venture capital firm.
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Investor details for Spoon Radio
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Investments & Acquisitions by Spoon Radio
Investment portfolio details for Spoon Radio
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Financial Statements - Spoon Radio
Detailed financials for Spoon Radio
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Spoon Radio Comparisons
Peer comparison for Spoon Radio
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Competitors of Spoon Radio
Spoon Radio 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 Clubhouse, EloElo, Tango, Riverside.fm and GroupMe, among others.
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Audio-based social connections are enabled through mobile app rooms.
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Live social entertainment is facilitated via an app-based platform.
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Live-streaming platform for user connections and content monetization is provided.
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Podcasts are managed and live streamed through a cloud-based platform.
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Provider of group messaging application
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Detailed competitors of Spoon Radio
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Spoon Radio
Complete news archive for Spoon Radio
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Frequently Asked Questions about Spoon Radio
Spoon Radio was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Spoon Radio is headquartered in Seoul, South Korea.
Spoon Radio is a funded company, having raised a total of $57M across 2 funding rounds to date.
Annual revenue of Spoon Radio is $4.41B as on Dec 31, 2022.
Spoon Radio was founded in 2013 in Seoul, South Korea, within the digital media sector focused on podcasting. An online platform is operated to enable podcast creation, distribution, and user interactions. Live streaming solutions are provided, with the application accessible on Android and iOS devices. Connections between creators and listeners are supported through the service.
Spoon Radio's top competitors include EloElo, Tango and Riverside.fm.
Spoon Radio has 10 investors. Key investors include Naver, SBI Group, KB Investment, Capstone Partners LP, and IMM Korea.