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Acast
Acast is a Swedish-founded company that provides hosting, monetization and growth support for podcasts, and podcast advertising solutions for brands and media agencies. Launched in 2014, it developed dynamic insertion technology which can target advertising within podcasts based on location, time, and personal data, which has become the standard of the modern podcasting industry. The company champions an independent and open ecosystem for podcasting, where podcasts hosted with Acast are available on all podcast listening apps. Acast was founded by Karl Rosander and Måns Ulvestam in 2013; together with Johan Billgren as co-founder. Acast hosts over 140,000 podcasts, with over 330 million listens every month. The company operates worldwide with a physical presence in 15 countries, and has its headquarters in Stockholm.
In addition to the founders, Bonnier has also invested in the company. In 2018, additional investors stepped in with more than $67 million. In 2019, the European Investment Bank invested 25 million euros in Acast, and on 17 June 2021, Acast was listed on the Nasdaq First North Premier Market at a valuation of approximately SEK 7 billion.
Acast enables digital publishers to insert ads targeting defined audiences. The platform distributes, monetizes and markets podcasts including Giggly Squad, My Dad Wrote A Porno, The Adam Buxton Podcast and Toni and Ryan as well as publishers including The Guardian, The Economist, The Athletic, The Times and the Financial Times.
In 2014, four months after launch, Acast was named Start-up of the Year by IDG magazine, Internetworld, and ‘Most innovative media service’ at the mobile industry awards Mobilgalan.
In May 2015, Acast closed a $5m Series A funding round, led by Bonnier Growth Media. This was supplemented by an undisclosed follow-on investment from early-stage venture capital firm MOOR, owned by Kaj Hed, majority owner of Rovio Entertainment.
In 2016, Acast launched a paid subscription service called Acast+.
In December 2018 the company raised $35 million from AP1 and Swedbank Robur (sv) funds Ny Teknik and Microcap in Series C funding. This has brought total funding to more than $67 million. In 2019, Acast acquired Pippa, another podcast hosting platform.
Since 2019, Acast has offered a free hosting tier for podcasts. The European Investment Bank invested €25 million in Acast in 2019.
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Acast
Acast is a Swedish-founded company that provides hosting, monetization and growth support for podcasts, and podcast advertising solutions for brands and media agencies. Launched in 2014, it developed dynamic insertion technology which can target advertising within podcasts based on location, time, and personal data, which has become the standard of the modern podcasting industry. The company champions an independent and open ecosystem for podcasting, where podcasts hosted with Acast are available on all podcast listening apps. Acast was founded by Karl Rosander and Måns Ulvestam in 2013; together with Johan Billgren as co-founder. Acast hosts over 140,000 podcasts, with over 330 million listens every month. The company operates worldwide with a physical presence in 15 countries, and has its headquarters in Stockholm.
In addition to the founders, Bonnier has also invested in the company. In 2018, additional investors stepped in with more than $67 million. In 2019, the European Investment Bank invested 25 million euros in Acast, and on 17 June 2021, Acast was listed on the Nasdaq First North Premier Market at a valuation of approximately SEK 7 billion.
Acast enables digital publishers to insert ads targeting defined audiences. The platform distributes, monetizes and markets podcasts including Giggly Squad, My Dad Wrote A Porno, The Adam Buxton Podcast and Toni and Ryan as well as publishers including The Guardian, The Economist, The Athletic, The Times and the Financial Times.
In 2014, four months after launch, Acast was named Start-up of the Year by IDG magazine, Internetworld, and ‘Most innovative media service’ at the mobile industry awards Mobilgalan.
In May 2015, Acast closed a $5m Series A funding round, led by Bonnier Growth Media. This was supplemented by an undisclosed follow-on investment from early-stage venture capital firm MOOR, owned by Kaj Hed, majority owner of Rovio Entertainment.
In 2016, Acast launched a paid subscription service called Acast+.
In December 2018 the company raised $35 million from AP1 and Swedbank Robur (sv) funds Ny Teknik and Microcap in Series C funding. This has brought total funding to more than $67 million. In 2019, Acast acquired Pippa, another podcast hosting platform.
Since 2019, Acast has offered a free hosting tier for podcasts. The European Investment Bank invested €25 million in Acast in 2019.
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