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Acast is a podcast hosting, distribution, and monetization platform based in Stockholm, Sweden, that connects audio creators with brands through dynamic ad insertion. The publicly traded enterprise employs approximately 400 people and hosts over 125,000 active podcasts that generate 330 million monthly listens globally. Prior to its 2021 initial public offering on the Nasdaq First North Premier Growth Market, the firm raised over $67 million in venture funding. Its marketplace serves major media publishers and advertisers, including recognizable partners and investors such as the BBC, The Economist, Vice Media, and Bonnier Growth Media. The platform has served over 37 billion advertisements, paid more than $300 million to creators, and expanded its technology stack through the $27.5 million acquisition of Podchaser. Acast was originally founded in 2013 by Karl Rosander, Måns Ulvestam, and Johan Billgren.
Acast has raised $62.9M across 4 funding rounds.
Acast has raised $62.9M in total across 4 funding rounds.
Acast has raised $62.9M in total across 4 funding rounds.
Acast's investors include Första AP-Fonden, Swedbank Robur, Alfv n & Didrikson, Bonnier Ventures, Inbox Capital, MOOR Capital, Norron, Erik Sprinchorn, Ulrika Saxon.
Acast has raised $62.9M across 4 funding rounds. Most recently, it raised $35.0M Series C in December 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 4, 2018 | $35M Series C | — | Första AP Fonden, Swedbank Robur | Announced |
| Sep 21, 2017 | $19.5M Series B | — | Alfv N & Didrikson, Bonnier Ventures, Inbox Capital, Moor Capital, Norron, Erik Sprinchorn | Announced |
| May 3, 2017 | $3.4M Venture Round | Bonnier Ventures, Moor Capital | — | Announced |
| May 18, 2015 | $5M Series A | — | Ulrika Saxon, Moor Capital | Announced |
