Podimo
Gasværksvej 16, 4, Copenhagen V, 1656, Denmark
Overview
Podimo operates a subscription-based podcast platform that bundles production tools, distribution services and audience analytics for creators. The product positions itself as a one-stop shop: creators can produce content, distribute on Podimo and other platforms, monetize via subscriptions and access metrics. Podimo is available in Denmark, Norway, Germany, Spain, The Netherlands, Finland and Latin America, charging listeners roughly $5–$7 per month. The company is building more localized and short-form content, expanding production tooling, widening its distribution network and pursuing greater localization across additional countries. Operational metrics reported include average engagement rising to 20 hours per user per month, subscription base growth of 80%, and about 350 shows published weekly by roughly 350 creators. Management says Podimo is profitable in Denmark and is focusing on getting into the black in other markets. Podimo operates a paid subscription service for podcasts and audiobooks, featuring original and exclusive ad-free shows and tools for creators to monetize their work. The app is available in Denmark, Germany, Spain, Norway, the Netherlands, Finland and across Latin America. The company has been expanding geographically, acquiring Dutch production company Dag en Nacht and debuting in the Netherlands in April followed by Finland in August. Podimo has doubled its headcount since 2021 and reports a fivefold year‑over‑year increase in paying members. The company intends to use new capital for further market expansion, content and enhanced investments in technology and product development. Podimo was founded in 2019 by Morten Strunge, Nikolaj Koppel, Sverre Dueholm, Andreas Sachse and Eva Lægdsgaard. Podimo is an open podcast platform from Copenhagen that offers a subscription service for creators and listeners. The company produces more than 950 original titles and has partnership deals with major audio producers including iHeartMedia, Wondery, FYEO and author Jo Nesbø. It localizes international content into native languages and uses AI‑driven personalized recommendations and video trailers to improve discovery. Podimo operates a user‑centric revenue‑sharing model that distributes membership fees directly to creators each month. The company intends to use new capital to enter new markets, create more original content, and increase payouts to creators. Since 2019 Podimo has raised $115 million in total prior to the latest round. Podimo is a subscription service for podcasts and short-form audio that provides personalized recommendations and a freemium paid tier. Premium members get access to more than 600 exclusive shows and membership fees are shared directly with the creators they listen to. The platform is live in Germany, Denmark and various Spanish-speaking markets and reports that more than 50% of its growth now comes from international markets. Co‑founded by Morten Strunge, Nikolaj Koppel, Andreas Sachse, Sverre Dueholm and Eva Lægdsgaard, the company aims to tackle discoverability and monetization challenges in the developing podcast industry. Podimo’s stated goal is to become a preferred partner for creators by curating content, matching it to users and offering a superior monetization model to reduce reliance on advertising. Podimo is a podcast and short-form audio platform that provides personalized recommendations to users and supports creators through a revenue-share model tied to its subscription service. The company operates a subscription-based product currently live in Denmark and Germany. Podimo plans to use new capital to develop the platform further, invest in content and creators, and build a podcaster studio. Management also intends to drive market expansion and grow the team. The company was co-founded by Morten Strunge, Nikolaj Koppel, Sverre Dueholm, Andreas Sachse and Eva Lægdsgaard and is based in Copenhagen, Denmark. No operating metrics or financial results were disclosed in the article.
- Total raised
- $222M
- Funding rounds
- 6
- Latest round
- Equity
- Latest activity
- Dec 2023
Industries
- Audio
- Content
- Digital Entertainment
- Podcast
Recent funding
Equity
Dec 2023
$48M
Series B
Sep 2022
$59M
Series B
Nov 2021
$78M
Equity
Feb 2021
$14M
Equity
May 2020
$17M