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.

How many employees does Storytel have?

As of May 31, 2026, the latest employee count at Storytel is 593.

Is Storytel a funded company?

Storytel is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 03, 2010.

When was the latest funding round of Storytel?

Storytel's latest funding was a $***** Post IPO round on Mar 10, 2021, with participation from 6 investors.

What is the annual revenue of Storytel?

Annual revenue of Storytel is between $100M and $500M as on Dec 31, 2020

Where does Storytel rank among its competitors?

Storytel ranks 2nd amongst 316 active competitors, of which 18 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Kuku FM, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Storytel?

Storytel's top competitors include Kuku FM, Audible and Pocket FM. Among them, Kuku FM secured the most recent funding round in March, 2026.

Storytel - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of streaming service for audiobooks, ebooks, and original content. It offers a digital platform with a library of stories. The platform allows content creators and users to connect. It provides access to a wide selection of digital books.

Website: www.storytel.com/store-select
Social
Email ID: *****@storytel.com

Key Metrics

Founded Year

2005

Location

Stockholm, Sweden

Stage

Public

Latest Funding Round

Post IPO, Mar 10, 2021, $*****

Investors

Verdane & 9 more

Ranked

2^nd among 316 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2020

Employee Count

593 as on May 31, 2026

Investment & Acquisitions

Overamstel Uitgevers & 8 more

Similar Companies

Ximalaya & 54 more

Exit Details

Public

View Storytel's full profile

Storytel is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Storytel Sweden AB CIN: 556696-2865 , Denmark, Active	Dec 31, 2004	$100M - $500M (As on Dec 31, 2020)	-
STORYTEL AS CIN: 913211421 , Norway, Active	Jan 31, 2014	-	-

Storytel got listed on Dec 07, 2018.

Click here to take a look at Storytel's IPO in detail

Storytel has raised funding over 3 rounds. Its first funding round was on May 03, 2010. Its latest funding round was a Post IPO round on Mar 10, 2021 for $*****. 6 investors participated in its latest round. Storytel has 10 institutional investors.

Here is the list of recent funding rounds of Storytel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2021	4125845	Post IPO	8661424	3123830	2940741	1564883
Feb 20, 2020	8508098	Post IPO	2974472	2889821	9294214	5053347
May 03, 2010	4176811	Seed	6210213	1140957	Verdane	3896914

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View details of Storytel's funding rounds and investors

The founders of Storytel are Jonas Tellander, Jon Hauksson and Annamaria Tellander. Ole Werring is the CEO of Storytel.

Here are the details of Storytel's key team members:

Jonas Tellander: Co-Founder of Storytel and founder of 2 other companies, Storytel and Storytel. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Jon Hauksson: Co-Founder of Storytel and founder of 2 other companies, Storytel and Storytel.
Annamaria Tellander: Co-Founder & Owner of Storytel.
Ole Werring: CEO of Storytel.
Contact Info: 1 email address

View details of Storytel's Founder profiles and Board Members

Storytel's employee count trend

Storytel has 593 employees as of May 26. Here is Storytel's employee count trend over the years:

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Top competitors of Storytel include Kuku FM, Audible and Pocket FM. Here is the list of Top 10 competitors of Storytel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kuku FM 2018, Mumbai (India), Series C	Provider of digital audiobooks and podcasts across various entertainment genres	$122M	Fundamentum, Shunwei Capital & 64 others	80/100
2nd	Storytel 2005, Stockholm (Sweden), Public	Provider of streaming service for audiobooks, ebooks, and original content	-	Handelsbanken, Vitruvian Partners & 8 others	79/100
3rd	Audible 1995, Newark (United States), Acquired	SaaS-driven digital audiobook reading platform	$6M	HV Capital, Apax & 4 others	78/100
4th	Pocket FM 2018, Bengaluru (India), Series D	Provider of audio entertainment including series, stories, and related content	$197M	Lightspeed, Naver & 15 others	75/100
5th	Podimo 2019, Copenhagen (Denmark), Series B	Podcast and audiobook platform	$224M	83NORTH, Highland Europe & 12 others	71/100
6th	Ximalaya 2012, Shanghai (China), Acquired	Online platform for streaming internet radio, audiobooks, and more	$1.25B	Tencent, SAIF Partners & 24 others	67/100
7th	pratilipi FM 2019, India, Unfunded	Provider of mobile app for Hindi and Marathi audio stories	-	-	57/100
8th	Dipsea 2018, San Francisco (United States), Acquired	Limited information available	$15.1M	Thrive Capital, Bedrock & 9 others	56/100
9th	BookBeat 2015, Stockholm (Sweden), Unfunded	Online platform offering audiobooks	-	-	56/100
10th	Fonos 2019, Ho Chi Minh City (Vietnam), Seed	App-based platform offering multi-genre audiobooks	$2.9M	iSeed, North Base Media & 5 others	52/100

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Storytel has made 1 investments in companies including ElevenLabs. Storytel has also acquired 8 companies including Overamstel Uitgevers and Bokfabriken.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 21, 2026	Acquisition	Overamstel Uitgevers	2007	Netherlands
Jan 31, 2025	Acquisition	Bokfabriken	2012	Sweden
May 17, 2023	Investments	ElevenLabs	2022	New York City (United States)