About Storytel
Storytel is a company based in Stockholm (Sweden) founded in 2005 by Jonas Tellander, Jon Hauksson, and Annamaria Tellander.. Storytel has completed 8 acquisitions, including Audiobooks, ICast and Mofibo. Storytel offers products and services including Storytel App, Audiobooks Service, and E-books Service. Storytel operates in a competitive market with competitors including Podimo, Yoto, Beek, Fonos and Voxa, among others.
- Headquarter Stockholm, Sweden
- Founders Jonas Tellander, Jon Hauksson, Annamaria Tellander
- Stage Public
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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 Storytel Ab Class B
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Handelsbanken
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Audiobooks
& 7 more
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IPO & Listings of Storytel
Storytel is a publicly listed company on the OMXSTO with ticker symbol STORY_B in Sweden, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Storytel
Storytel offers a comprehensive portfolio of products and services, including Storytel App, Audiobooks Service, and E-books Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for streaming audiobooks and e-books on mobile devices
Service for on-demand audiobook listening worldwide
Platform for accessing e-books via mobile app
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Software Development Team
39 people
Sales and Marketing
28 people
Product Management Team
20 people
Leadership Team
14 people
Global Team
13 people
Head Team
10 people
Creative and Marketing Team
8 people
Country Team
7 people
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Funding Insights of Storytel
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Post-IPO - Storytel | Valuation |
investors |
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| Feb, 2020 | Amount | Post-IPO - Storytel | Valuation |
investors |
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| May, 2010 | Amount | Seed - Storytel | Valuation | Verdane |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Storytel
Storytel has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Handelsbanken, Skandia and Verdane. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Founded Year | Domain | Location | |
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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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AMF is focused on providing secure pension and savings solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Storytel
Storytel has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Audiobooks, ICast and Mofibo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Arabic audiobooks are streamed through a mobile application.
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2015 | ||||
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Subscription based service for ebooks and audio books
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2013 | ||||
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Blogs focused on multiple topics
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Storytel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Storytel Comparisons
Competitors of Storytel
Storytel 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 Podimo, Yoto, Beek, Fonos and Voxa, 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 and audiobooks are provided through a creator-focused audio platform.
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| domain | founded_year | HQ Location |
Audio-based learning solutions with stories and music are provided.
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| domain | founded_year | HQ Location |
Multi-genre audiobooks are delivered via a SaaS platform.
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| domain | founded_year | HQ Location |
Multi-genre audiobooks are delivered via an app-based platform.
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| domain | founded_year | HQ Location |
Voxa is engaged in providing digital content like audiobooks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Storytel
Frequently Asked Questions about Storytel
When was Storytel founded?
Storytel was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Storytel located?
Storytel is headquartered in Stockholm, Sweden.
What does Storytel do?
App-based subscription platform for e-books. It enables users to stream audiobooks and e-books across various genres including drama, thriller, comedy, romance, and more. Available on both Android and iOS devices.
What products or services does Storytel offer?
Storytel offers Storytel App, Audiobooks Service, and E-books Service.
Is Storytel publicly traded?
Yes, Storytel is publicly traded on OMXSTO under the ticker symbol STORY_B.
How many acquisitions has Storytel made?
Storytel has made 8 acquisitions, including Audiobooks, ICast, and Mofibo.
Who are Storytel's investors?
Storytel has 7 investors. Key investors include Handelsbanken, Skandia, Verdane, AMF, and C WorldWide Asset Management.
What is Storytel's ticker symbol?
The ticker symbol of Storytel is STORY_B on OMXSTO.