Podimo - About the company
Podimo is a series B company based in Copenhagen (Denmark), founded in 2019 by Morten Strunge, Sverre Dueholm and Eva Kirstine Laegdsgaard. It operates as a Podcast and audiobook platform. Podimo has raised $224M in funding from investors like 83NORTH, Highland Europe and Highland Capital Partners, with a current valuation of $*****. The company has 1418 active competitors, including 46 funded and 33 that have exited. Its top competitors include companies like Kuku FM, Audible and Wondery.
Company Details
Podcast and audiobook platform. It enables users to access various podcasts and audiobooks on the platform. It enables podcasters to rewards creators for making content that users want to listen to. It monetizes through podcast advertisements.
- Website
- podimo.com
- Email ID
- *****@podimo.com
- Registered Address
- Gammel Strand 26 1202 København K
Key Metrics
Founded Year
2019
Location
Copenhagen, Denmark
Stage
Series B
Total Funding
$224M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 07, 2022
Ranked
3rd among 1418 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2022
Employee Count
405 as on Sep 30, 2026
Legal entities associated with Podimo
Podimo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Podimo ApS CIN: 40447024 , Denmark, Active | Apr 09, 2019 | $10M - $50M (As on Dec 31, 2022) | 84 (As on Nov 30, 2024) |
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Podimo's funding and investors
Podimo has raised a total funding of $224M over 6 rounds. Its first funding round was on Jun 11, 2019. Its latest funding round was a Series B round on Dec 21, 2023 for $*****. 3 investors participated in its latest round. Podimo has 14 institutional investors.
Here is the list of recent funding rounds of Podimo:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 21, 2023 | 3880978 | Series B | 3051616 | 5134926 | 4709400 | 2142764 |
Sep 07, 2022 | 2373622 | Series B | 6026999 | 5582118 | 6761814 | |
Nov 09, 2021 | 4432492 | Series B | 8911136 | 9966989 |
View details of Podimo's funding rounds and investors
Podimo's founders and board of directors
Founder? Claim ProfileThe founders of Podimo are Morten Strunge, Sverre Dueholm and Eva Kirstine Laegdsgaard. Morten Strunge is the CEO of Podimo.
Here are the details of Podimo's key team members:
- Morten Strunge: Co-Founder & CEO of Podimo and founder of 1 other company. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 email address
- Sverre Dueholm: Co-Founder & Co-Owner of Podimo and founder of 1 other company. Contact Info: 2 email addresses
- Eva Kirstine Laegdsgaard: Co-Founder & Chief People & Culture Officer of Podimo.
Podimo's Board of Directors
Podimo's board has 6 active members. Jimmy Fussing Nielsen is part of team and Arnon Dinur, René Efraim Rechtman, Jonathan Lucas Becker, Scott Spenser Vlastnik and Christer Stefan Blom are independent board members.Here is the list of Podimo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
xd{hfkk | Team | - | Past | 7y 3m |
a{dpgem | Team | - | Current | 3y 1m |
Independent board member | - | Current | 6y 4m | |
mfyhpwm | Independent board member | - | Current | 1y 6m |
thrmwpa | Independent board member | - | Current | 2y 1m |
{cobbfe | Independent board member | - | Current | 1y 1m |
tkh{ayd | Independent board member | - | Current | 3y 8m |
View details of Podimo's Founder profiles and Board Members
Podimo's employee count trend
Podimo has 405 employees as of Sep 26. Here is Podimo's employee count trend over the years:
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Podimo's Competitors and alternates
Top competitors of Podimo include Kuku FM, Audible and Wondery. Here is the list of Top 10 competitors of Podimo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an AI-native storytelling platform offering audio, video, and edutainment content | $122M | 80/100 | ||
2nd | Audible 1995, Newark (United States), Acquired | SaaS-driven digital audiobook reading platform | $6M | 78/100 | |
3rd | Podcast and audiobook platform | $224M | 72/100 | ||
4th | Wondery 2016, West Hollywood (United States), Acquired | Podcast streaming platform | $15.7M | 61/100 | |
5th | Quinn 2019, New York City (United States), Series A | Provider of audio content featuring diverse characters and scenarios | $3.2M | 61/100 | |
6th | PodcastOne 2010, Los Angeles (United States), Public | Provider of advertiser-supported podcast network and platform | - | 61/100 | |
7th | Meet Cute 2010, New York City (United States), Acquired | Online podcast network | $6.25M | 59/100 | |
8th | Himalaya 2015, San Francisco (United States), Series C | Online podcast network | $100M | 57/100 | |
9th | RadioPublic 2015, Boston (United States), Acquired | Online platform for podcast aggregator | $3.2M | 57/100 | |
10th | Podcast and online radio streaming player | $27.3M | 54/100 |
Looking for more details on Podimo's competitors? Click here to see the top ones
Podimo's Investments and acquisitions
Podimo has acquired 3 companies including Podads, Tonny Media and BesserFM. Podimo has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 03, 2024 | Acquisition | 2020 | Copenhagen (Denmark) | |
Sep 13, 2024 | Acquisition | |||
Aug 23, 2019 | Acquisition | 2018 | Berlin (Germany) |
See all acquisitions by Podimo
Reports related to Podimo
Here is the latest report on Podimo's sector:
News related to Podimo
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Danish Podimo acquires Podads, unlocking new podcast advertising and subscription synergiesArcticStartup•Oct 03, 2024•Podimo, Podads
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Danish Podimo strengthens Dutch market position with Tonny Media acquisitionArcticStartup•Aug 23, 2024•Podimo, Tonny Media
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Flat optics firm NIL Technology raises €29 M to scale manufacturingoptics.org•May 09, 2024•NIL Technology, Jolt Capital, NGP Capital, Swisscanto and 3 others
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Kost Capital's secret sauce is a food development Studio in the basementTech.eu•Jan 09, 2024•Kost, Performativ, Podimo, AIO and 1 other
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Copenhagen-based Podimo bags €44 million to lead the way in the spoken audio entertainment ecosystemEU-Startups•Dec 21, 2023•Podimo, Danmarks Eksport og Investeringsfond, Highland Capital Partners, Chr. Augustinus Factories and 3 others
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Highland Europe launches new €1 billion fundTech.eu•Jan 23, 2023•Highland Europe, Adjust, AMCS, Camunda and 18 others
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Podimo’s €58 Million Funding RoundGlobal Legal Chronicle•Sep 30, 2022•Podimo, 83NORTH, Highland Europe
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