The ‘European Netflix For Podcasts’ Raises 6 Million Euros

The start-up funding millions of euros for Podcast streaming service This Copenhagen-based startup Podimo wants to make a major streaming service for Podcasts and raised €6 million in seed...



The start-up funding millions of euros for Podcast streaming service

This Copenhagen-based startup Podimo wants to make a major streaming service for Podcasts and raised €6 million in seed funding prior to launch. Podimo’s goal is to raise the popularity of podcasts and to make a platform to access them all from one place.

The founder, Morten Strunge, is known for his work in the subscription service industry creating an audiobook service Mofibo, which was later acquired by Storytel. Initially, the platform will offer a free and paid subscription service. Podimo is also looking to create a better user-friendly platform compared to other predecessors.

In a world where the major media format is video, Strunge has a strong believe that audio is the superior format. Strunge also mentions the benefits of the low production-cost value with audio formatted media compared to video. Podimo is focusing on making a podcast streaming app that gives users the best featured for recommending and discovering new podcasts based on your interests.

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