London-based startup specializing in publishing, marketing, and distribution of podcasts, Auddy has plugged in £2.5 million in funding to make its mark in the audio space.
The round was led by Pembroke VCT and backed by existing investors Haatch Ventures and Brick Capital Ventures.
The investment will help support the company to continue its organic growth and further invest in both technology and content.
Founded in 2020 by Andrew Craissati, Auddy aims to deliver end-to-end premium audio podcast publishing solutions for creators, advertisers, and businesses.
It focuses on buying and selling inventory in podcasts across the U.K., Germany, Austria, and Switzerland and producing podcasts.
The platform also offers a ‘private podcasting’ service for organizations to help them share audio content directly with a targeted community in a private environment.
With over 4,000 podcast shows, 12 million monthly downloads, and 11 million downloads in the U.K. alone, the startup’s podcasts include popular titles such as Science-ish, Inside the Tour, and Smoke Screen.
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