About Storytel
Storytel is a company based in Stockholm (Sweden) founded in 2015 was acquired by Storytel in July 2020. It operates as a Subscription Services. Storytel has raised $9.44 million across 3 funding rounds from investors including Storytel, Paltel Group and Creades. Storytel offers products and services including Audiobooks, eBooks, and Storytel Originals.
- Headquarter Stockholm, Sweden
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Sectors
Media & Entertainment
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Products & Services of Storytel
Storytel offers a comprehensive portfolio of products and services, including Audiobooks, eBooks, and Storytel Originals.
Audiobooks are provided for diverse storytelling and entertainment.
eBooks are offered for reading across multiple genres.
Exclusive stories are created for unique listening experiences.
Funding Insights of Storytel
Storytel has successfully raised a total of $9.44M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in May 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 Storytel
Storytel has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Storytel, Paltel Group and Creades.
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Venture capital focused on digital media and technology startups
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Early-stage startups are funded by Northzone venture capital.
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Venture capital investments are provided to digital B2B startups.
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Investor details for Storytel
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Investments & Acquisitions by Storytel
Investment portfolio details for Storytel
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Financial Statements - Storytel
Detailed financials for Storytel
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Storytel Comparisons
Peer comparison for Storytel
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Competitors of Storytel
Detailed competitors of Storytel
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Latest news on Storytel
Complete news archive for Storytel
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Frequently Asked Questions about Storytel
Storytel was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Storytel is headquartered in Stockholm, Sweden.
Storytel is a funded company, having raised a total of $9.44M across 3 funding rounds to date.
Storytel is established as a digital platform offering over 400,000 audiobooks and eBooks across more than 10 languages. Services are provided in various categories including fiction, crime, and childrens content. Exclusive content through Storytel Originals is also made available. The platform is designed to cater to diverse audiences with features like Kids Mode for childrens audiobooks. Subscription plans are offered starting from Rs 149 per month, ensuring accessibility to a wide range of storytelling and entertainment options.
Storytel offers Audiobooks, eBooks, and Storytel Originals.
Storytel has 15 investors. Key investors include Storytel, Paltel Group, Creades, Bonnier Ventures, and KAAF Investments.