Podchaser’s platform is meant to work very similarly to the Internet Movie Database or IMDb, except exclusively for podcasts and the many different figures who have appeared on them. The database the startup has created is already well under way as it has logged an incredible 8.5 million different podcast credits. The database also comes with several different features such as creator profiles, podcast pages, episode ratings and user reviews, curated podcast lists, and a pro edition built specifically for creators and business end podcast production, among others.
Beyond the features of the website, the startup’s database is already proving to be rather popular as well. In fact, over the course of the past year, Podchaser saw their monthly active user base quintuple, showing unbelievable growth. The startup has also created multiple revenue streams from the site offering earnings with both features Podchaser Pro, the paid version of the site, and providing podcast players with access to their credits through an API.
“We’re excited for the future of Podchaser. We’re doubling down on growing our avid community and connecting the industry with the data necessary to power podcast discovery for listeners, podcasters, and brands,” said Podchaser to Startup Savant.
Podchaser’s Recent Funding and Future Plans
In Podchaser’s most recent funding round, the startup raised $4 million. The company’s funding round was led by Greycroft with participation from Advancit Capital, LightShed Ventures, Powerhouse Capital, High Alpha, Hyde Park Venture Partners, and Poplar Ventures, among others. The startup plans to use this funding to further push data logging and begin implementing features meant to boost user engagement and contribution, including a gamification system and a discussion feature.
When commenting on the funding round and the podcast market, Greycroft co-founder and chairman Alan Patrciof said in a statement, “Even in the face of a pandemic, the podcast market continues to grow at a breakneck pace. The demand from consumers and brands is insatiable. Podchaser’s data and discovery tools are crucial to taking podcasting to new heights.”
Podcasts are increasingly becoming one of, if not the most popular long-form content that is regularly consumed. With more content published every day, Podchaser’s database is becoming the largest resource for podcast listeners to keep up and learn. With the added boost of funding and plans for larger expansion of the platform, Podchaser looks primed for a bright future ahead.
About the Author
Tom Price is a writer focusing on Entertainment and Sports Features. He has a degree from NYU in English with a minor in Creative Writing. He has been previously published for Washington Square News, Dignitas, CBR, and Numbers on the Boards.