Podchaser, the “IMDb for podcasts”, announced $4M in funding led by Greycroft, with additional investors including Advancit Capital, LightShed Ventures, Powerhouse Capital, High Alpha, Hyde Park Venture Partners, and Popular Ventures. Participating angels include founder and former President of TrendKite A.J. Bruno, CEO of Ad Results Media Marshall Williams, and partner of Shamrock Capital Mike LaSalle.
The funding will continue to support Podchaser’s mission of enriching podcast data via the crowd, creating community for podcast listeners, and building tools for professionals in the space – podcasters, agencies, and brands alike.
“Our goal is to convert the firehose of podcast data into a drinking fountain of insights that power discovery and decision-making throughout the industry,” said Bradly Davis, CEO of Podchaser.
“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,” said Alan Patricof, Co-Founder and Chairman of Greycroft. “Podchaser’s data and discovery tools are crucial to taking podcasting to new heights.”
Through crowdsourcing features such as credits, lists, and ratings/reviews, Podchaser has built the most comprehensive podcast database and a community of avid podcast listeners and podcasters that continues to grow — tripling in size over the past year and contributing over 8.5 million creator and guest credits.
With this new funding, Podchaser aims to create a new class of podcast tastemakers with the introduction of a gamification and discussion system that fosters connection between listeners and podcasters.