Audiobooks.com
Audiobooks.com is a company.
Financial History
Leadership Team
Key people at Audiobooks.com.
Frequently Asked Questions
Who founded Audiobooks.com?
Audiobooks.com was founded by Sanjay Singhal (CEO and Co-Founder).
Audiobooks.com is a company.
Key people at Audiobooks.com.
Audiobooks.com was founded by Sanjay Singhal (CEO and Co-Founder).
Key people at Audiobooks.com.
Audiobooks.com was founded by Sanjay Singhal (CEO and Co-Founder).
Audiobooks.com is a subscription-based audiobook streaming platform offering over 400,000 titles, including bestsellers, new releases, and classics, accessible via apps on Apple, Android, and partners like Sonos, GM, Jaguar, and Land Rover.[1][3] It serves booklovers worldwide in more than 150 countries, solving the problem of convenient, on-demand audio content consumption with fast access and a customer-first focus on innovation.[1][3] With 65 employees, $56.2 million in 2025 revenue, and headquarters in Burlington, Ontario, it demonstrates strong growth as a profitable business in a competitive market against players like Audible, Apple, and Scribd.[1]
Audiobooks.com was founded in 2011 by Sanjay Singhal, an entrepreneur who also served as its early CEO.[1][2][5] Singhal's background includes prior contributions as a columnist for ANOKHI Magazine, reflecting his media-savvy approach to content platforms.[5] The company pioneered streaming to internet-connected cars and quickly built traction with around 300,000 titles and podcast integration by 2021.[4] In 2017, it was acquired by RBmedia (owned by KKR), expanding its reach before Storytel—a Swedish audiobook giant founded in 2006—purchased it for $135 million in November 2021, marking Storytel's entry into English-language markets.[3][4] This acquisition integrated Audiobooks.com into Storytel's global operations across 25+ countries.[3]
Audiobooks.com rides the explosive growth of the audiobook market, fueled by mobile listening, commuting integrations, and the shift from physical media to streaming subscriptions amid rising demand for on-demand audio entertainment.[1][3][4] Its 2011 timing capitalized on smartphone proliferation and early car streaming tech, positioning it ahead of mass adoption; Storytel's 2021 acquisition leverages Nordic dominance (1.7M+ subscribers) to challenge Audible's English-market monopoly through global scale and acquisitions.[3][4] Market forces like podcast-audiobook convergence and partnerships with auto giants amplify its ecosystem role, influencing publishers by prioritizing consumer access and rapid international expansion.[1][4]
Audiobooks.com is poised for accelerated growth under Storytel, potentially expanding titles, AI-driven recommendations, and automotive/VR integrations as audio consumption surges with connected devices.[1][3][4] Trends like multimodal AI (e.g., text-to-speech personalization) and emerging markets in Asia/Latin America will shape its path, evolving its influence from a nimble streamer to a key Audible rival via Storytel's 25-country footprint.[3] Expect deeper profitability and subscriber gains, building on its subscription retail edge to redefine accessible storytelling for global listeners.[1][4]