Podcastle offers a web-based platform for long-form audio and video creation that embeds generative AI features such as Revoice (voice cloning), Magic Dust AI (audio enhancement), the Podcastle Hosting Hub, and Podcastle for Teams. The product covers the full workflow from ideation and recording through editing and distribution, with a focus on real-time collaboration on the web. The company is shifting from a single-user experience to multiplayer/team workflows and says the funding will be used to scale that capability. Podcastle claims roughly one million creators use its tools and reported 10x growth last year. It positions itself against Riverside on recording and Descript on editing, differentiating via web-based, real-time collaborative features rather than desktop installs. The engineering team operates out of Armenia, which the founder describes as an emerging tech hub, and recent hires include a new chief commercial officer, VP of growth, and a promoted chief marketing officer. Podcastle is an all-in-one platform that handles recording, production and publishing for podcast creators. Its tools include studio-quality remote interviews using consumer-grade mics, multitrack recording and editing, speech isolation and enhancement, and the ability to convert text to speech and vice-versa so creators can edit audio like text. The company says it has around 150,000 creators and offers four pricing plans with base features available for free. Founder and CEO Artavazd Yeritsyan, formerly VP of Engineering at Picsart, positions Podcastle as a 'creation' platform where users can start with remote interviews and continue editing without leaving the product. Podcastle is tapping into the creator economy (one report valued at about $104.2 billion) and a podcasting ecosystem of at least 2 million shows, and investors note the podcast market was worth $11.46 billion in 2020. The company recently raised $7 million in an early-stage round to support growth. Podcastle builds AI-powered podcast creation tools and a streaming platform for listeners. Its core product is a text-to-speech converter that uses AI to turn news into podcasts in seconds, producing very human-like audio that captures emotions and the writer’s tone. The company targets both amateur and professional podcasters and is developing an accessible tool for audio content creation. Podcastle is led by founder Artavazd Yeritsyan, formerly VP of Engineering at PicsArt. The company is based in Yerevan, Armenia. As reported, Podcastle has raised a total of $2M to date.

Total raised

$22M

Funding rounds

3

Latest round

Series A

Latest activity

Feb 2024