In ArmeniaStartups

Podcastle Secures $13.5 Million in Series A Funding to Expand its AI Content Creation Platform

Podcastle, an innovative AI platform that makes professional content creation easy with its range of products, announced about $13.5 million investment in Series A funding. This funding will help advance its goal of making multimedia storytelling more accessible and collaborative.

The Series A funding, led by Mosaic Ventures, includes contributions from existing Podcastle investors RTP Global, Point Nine, Sierra Ventures, and Andrew Ng’s AI Fund. Additionally, Squarespace CEO Anthony Casalena and Moonbug Media CEO René Rechtman participated in this funding round.

Podcastle team

Series A Funding was secured from a consortium of investors led by Mosaic Ventures, alongside RTP, P9, Sierra, Andrew Ng’s AI Fund, and the CEOs of Squarespace and Moonbug Media.

Initially known as a popular browser extension, Podcastle has evolved into a comprehensive suite of AI-driven tools that greatly simplify audio and video creation. It enables creators and teams to create, edit, and publish audio and video content seamlessly in one platform. As the demand for long-form content continues to rise across various sectors such as marketing, internal communications, education, and media, Podcastle aims to become the go-to collaborative workflow solution for both individual creators and businesses.

Our Series A funding round will enable our team to supercharge the development of essential AI tools that radically simplify the creative workflow for individuals and teams, as well as expanding our offering to make multimedia storytelling easier and more scalable,” said Arto Yeritsyan, Founder and CEO of Podcastle. “This investment is a vote of confidence in our vision of a world where world-class multimedia content creation is accessible for anyone and everyone.

Podcastle is the ultimate platform for producing and distributing audio and video content, serving a wide range of users, including podcasters, solo entrepreneurs, marketers, educators, and anyone with a passion for creating high-quality content. Since its Seed funding round in 2021, Podcastle has experienced exponential growth, with its user base expanding from 150,000 to over one million creators.

With this new funding round, Podcastle plans to further enhance its AI-driven products to streamline content creation. Additionally, the focus will be on facilitating real-time collaboration for teams and businesses throughout their entire content development, production, and distribution processes.

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Vardan Papikyan is the editor and author in tech magazine. Vardan is managing various web projects and affiliated with a few startups. He's passionate with blogging and photography.
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