Audible - About the company
Audible is an acquired company based in Newark (United States), founded in 1995 by Don Katz and Robert Lee. It operates as a SaaS-driven digital audiobook reading platform. Audible has raised $6M in funding from HV Capital. The company has 282 active competitors, including 16 funded and 8 that have exited. Its top competitors include companies like Kuku FM, Pocket FM and Podimo.
Company Details
SaaS-driven digital audiobook reading platform. The platform produces and distributes audio books, radio broadcasts, speeches, and stand-up comedy videos and drama shows. It enables users to stream and read books based on various genres such as fiction, mysteries & thrillers, sci-fi & fantasy, and more through a web or mobile app. Users can search for books & authors based on the keywords. It offers freemium packages. The app is available for iOS and Android devices.
- Website
- www.audible.com/
Key Metrics
Founded Year
1995
Location
Newark, United States
Stage
Acquired
Total Funding
$6M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 282 active competitors
Employee Count
3,404 as on Jul 31, 2026
Exit Details
Acquired by Amazon (Jan 31, 2008)
Legal entities associated with Audible
Audible is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Audible, Inc. CIN: 22-3407945 , United States, Active | Dec 31, 1995 | - | - | - |
Audible's acquisition details
Click here to take a look at Audible's acquisition in detail
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Audible's funding and investors
Audible has raised a total funding of $6M over 2 rounds. Its first funding round was on Aug 04, 2003. Its latest funding round was a Series A round on 2004 for $*****. 1 investor participated in its latest round. Audible has 6 institutional investors.
Here is the list of recent funding rounds of Audible:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2004 | 7572 | Series A | 4048 | 6338 | 6054 | 7073 |
Aug 04, 2003 | 5810210 | Series A | 1228856 | 6154520 | 1726085 |
View details of Audible's funding rounds and investors
Audible's founders and board of directors
Founder? Claim ProfileHere are the details of Audible's key team members:
- Don Katz: Co-Founder of Audible and founder of 2 other companies, Quadrotian and Newark Venture Partners. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Robert Lee: Audio Book Narrator "Travis Kalanick: Founder of Uber" of Audible.
- Bob Carrigan: CEO of Audible. Contact Info: 1 email address
View details of Audible's Founder profiles and Board Members
Audible's employee count trend
Audible has 3,404 employees as of Jul 26. Here is Audible's employee count trend over the years:
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Audible's Competitors and alternates
Top competitors of Audible include Kuku FM, Pocket FM and Podimo. Here is the list of Top 10 competitors of Audible, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital audiobooks and podcasts across various entertainment genres | $122M | 80/100 | ||
2nd | Audible 1995, Newark (United States), Acquired | SaaS-driven digital audiobook reading platform | $6M | 78/100 | |
3rd | Provider of audio entertainment including series, stories, and related content | $197M | 75/100 | ||
4th | Podcast and audiobook platform | $224M | 71/100 | ||
5th | Beek 2014, Austin (United States), Series A | SaaS-based platform providing multi-genre audiobooks | $20.1M | 53/100 | |
6th | App-based platform offering multi-genre audiobooks | $2.9M | 52/100 | ||
7th | Aibrary Mountain View (United States), Unfunded | Aibrary 2.0: Your AI Library for Personal Growth & Learning | - | - | 46/100 |
8th | Online platform offering audiobooks | - | - | 46/100 | |
9th | App-based platform offering multi-genre audiobooks | - | - | 45/100 | |
10th | Shevchenko.tech 2020, Russia, Unfunded | Provider of app-based audiobook platform | - | - | 45/100 |
Looking for more details on Audible's competitors? Click here to see the top ones
Audible's Investments and acquisitions
Audible has made 1 investment in Veritonic and acquired Rooftop Comedy.Reports related to Audible
Here is the latest report on Audible's sector:
News related to Audible
Media has covered Audible for a total of 15 events in the last 1 year, 13 of them have been about company updates and 1 about people movement.
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Booker Prize-Shortlisted Author Avni Doshi Brings The First House to AudibleBusinessnewsthisweek•Jul 24, 2026•Audible
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Maxon Strengthens Growth Strategy with Appointment of Ksenia Kolchina as Vice President of MarketingAccess Newswire•Oct 29, 2025•Audible, Maxon
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Audible opens retail hub ‘The Pillars’ in downtown NewarkBee Star•Oct 16, 2025•Tansy Wine, Audible, Pooka Pure & Simple, HealHaus
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