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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.
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Founded Year
1995
Location
Newark, United States
Stage
Acquired
Total Funding
$6M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
3,404 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Amazon (Jan 31, 2008)

Audible's acquisition details

Audible got acquired by Amazon on Jan 31, 2008 at an acquisition amount of $*****.
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
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Audible's founders and board of directors

Founder? Claim Profile
The founders of Audible are Don Katz and Robert Lee. Bob Carrigan is the CEO of Audible.
Here are the details of Audible's key team 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:
Employee count trend for Audible
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kuku FM
Kuku FM
2018, Mumbai (India), Series C
Provider of digital audiobooks and podcasts across various entertainment genres
$122M
80/100
2nd
Logo for Audible
Audible
1995, Newark (United States), Acquired
SaaS-driven digital audiobook reading platform
$6M
78/100
3rd
Logo for Pocket FM
Pocket FM
2018, Bengaluru (India), Series D
Provider of audio entertainment including series, stories, and related content
$197M
75/100
4th
Logo for Podimo
Podimo
2019, Copenhagen (Denmark), Series B
Podcast and audiobook platform
$224M
71/100
5th
Logo for Beek
Beek
2014, Austin (United States), Series A
SaaS-based platform providing multi-genre audiobooks
$20.1M
53/100
6th
Logo for Fonos
Fonos
2019, Ho Chi Minh City (Vietnam), Seed
App-based platform offering multi-genre audiobooks
$2.9M
52/100
7th
Logo for Aibrary
Aibrary
Mountain View (United States), Unfunded
Aibrary 2.0: Your AI Library for Personal Growth & Learning
-
-
46/100
8th
Logo for BookBeat
BookBeat
2015, Stockholm (Sweden), Unfunded
Online platform offering audiobooks
-
-
46/100
9th
Logo for AudioToon
AudioToon
2014, Shanghai (China), Unfunded
App-based platform offering multi-genre audiobooks
-
-
45/100
10th
Logo for Shevchenko.tech
Shevchenko.tech
2020, Russia, Unfunded
Provider of app-based audiobook platform
-
-
45/100
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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

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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.
Audible to Launch NYC Pop UpPublishers MarketplaceApr 08, 2026Audible
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