Stitcher is a company.
Stitcher has raised $16.0M across 2 funding rounds.
Key people at Stitcher.
Stitcher has raised $16.0M in total across 2 funding rounds.
Key people at Stitcher.
Stitcher has raised $16.0M in total across 2 funding rounds.
Stitcher's investors include Bling Capital, Heretic Ventures, Khosla Ventures, Lightbank, Maveron, NewView Capital, SciFi VC, SV Angel, The Hit Forge, James Hong, Jeremy Stoppelman, Jim Young.
Stitcher is a pioneering podcast platform founded in 2007 as a news-based internet radio service that "stitched" together audio streams for continuous listening.[1][2][3] It evolved into a comprehensive end-to-end podcast company, encompassing content production via Stitcher Studios (and networks like Earwolf), distribution through its mobile apps, and monetization via Midroll Media's advertising arm, serving millions of listeners primarily in the US with original podcasts, aggregated shows, and ad-supported experiences.[1][4][5] Acquired multiple times—first by Deezer in 2014 for an undisclosed sum after raising $19 million, then by E.W. Scripps in 2016 for $4.5 million as an "acquihire," and later integrated into SiriusXM—Stitcher now operates as a wholly owned subsidiary focused on podcast creation, listener engagement, and ecosystem dominance.[1][3][4]
The platform targets mobile, car-integrated (50+ models, Apple CarPlay, Android Auto), and affluent, educated audiences, solving fragmented audio discovery by aggregating over 35,000 shows at its peak and introducing features like "Listen Later" for seamless content access.[1] Its growth momentum included 1 million monthly active users by 2014 (#1 Android podcast app, #2 iOS) and 8.5 million registered users by 2016, bolstered by studio expansions in NYC and LA for high-quality production.[1][4][5]
Stitcher was founded in 2007 in San Francisco by Noah Shanok, Mike Ghaffary, and Peter DeVroede (some sources note 2008), ahead of the iOS App Store, initially as a web-based "Stitcher Radio" that aggregated news and audio sources into uninterrupted streams.[1][2][3] The idea emerged during podcasting's early growth, raising significant venture capital ($19 million) to build a dominant mobile client for iOS, Android, and BlackBerry, promoting thousands of shows by 2009.[1][3]
Pivotal moments included car integrations, the 2014 Deezer acquisition amid 1 million MAUs, and the 2016 Scripps deal folding it into Midroll (a bootstrapped podcast ad firm started in 2010 by Scott Aukerman and Jeff Ullrich via Earwolf comedy network) for $4.5 million, later rebranded under Stitcher as Scripps bought Midroll for ~$60 million total.[1][3][4] This evolution humanizes Stitcher as a bootstrap innovator turned podcast powerhouse, now under SiriusXM as Stitcher Studios for originals.[1][5]
Stitcher rode the podcasting explosion from niche (2007 web radio) to mainstream (73+ million US listeners), timing perfectly with smartphone adoption, car audio, and ad market growth it helped create via Midroll.[1][3][5] Market forces like affluent, mobile audiences and fragmented content favored its aggregator model, influencing the ecosystem by setting standards for apps, networks (Earwolf), and sales—acquisitions consolidated power amid Scripps/SiriusXM's push into audio.[1][4]
It shaped podcasting's professionalization, enabling creator monetization and high-fidelity production, while integrations amplified in-car consumption during streaming's rise.[1][5]
Stitcher, now SiriusXM's podcast arm, will likely expand originals via studios and AI-driven personalization, capitalizing on audio's ad resilience and global growth.[1][4][5] Trends like short-form video-to-audio crossovers and automotive AI could boost its "stitching" legacy, evolving influence toward dominant production/distribution amid Spotify/Apple rivalry. As an early innovator, its end-to-end model positions it to thrive in audio's next wave, stitching fragmented experiences into ubiquitous listening.[1][3]
Stitcher has raised $16.0M across 2 funding rounds. Most recently, it raised $10.0M Series C in September 2011.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2011 | $10.0M Series C | Bling Capital, Heretic Ventures, Khosla Ventures, Lightbank, Maveron, NewView Capital, SciFi VC, SV Angel, The Hit Forge, James Hong, Jeremy Stoppelman, Jim Young, Philip Kaplan, Steve Chen | |
| Apr 1, 2010 | $6.0M Series B | BlueRun Ventures, Flex Capital, Samsung NEXT Ventures, SLVC, SV Angel |
