- End-to-end podcast management company and monetization platform Sounder announced it has raised $1.8 million in a seed round of funding
End-to-end podcast management company and monetization platform Sounder announced it has raised $1.8 million in a seed round of funding. This funding round was led by Ulu Ventures with participation from Newark Venture Partners, Xoogler.co (a community of Google alumni and current Google employee investors), and individual Spotify and Google executive angel investors. With this round of funding, the company plans to make key hires, marketing initiatives, and further develop its patent-pending technology and new platform features.
Ever since Sounder launched, it achieved widespread recognition in the rapidly growing podcast market and amassed thousands of shows and millions of streams in over 50 languages worldwide.
Sounder’s Pinpoint Audio Search technology has been seamlessly integrated into leading publishing websites like The Players’ Tribune and helped media companies derive greater value from their audio content. Plus Sounder’s Pinpoint Audio Search technology makes it easy to find exact moments within millions of podcasts, increasing their shelf life and value to listeners.
And Sounder’s intuitive platform is empowering content creators from across topics, genres and the political spectrum to have their voices heard and grow their audiences. Sounders’ end-to-end solution includes free hosting, transcription, distribution, search, and analytics tools.
Key Quotes:
“This capital will be integral in funding the continued development of innovative features on our platform as well as our efforts to educate the podcast community on Sounder’s functionality and breakthrough technology. We launched in September 2019 and have been enthusiastically received by independent creators and enterprise-level publishers alike. Sounder is on a mission to empower creativity and make audio better for everyone. The simplicity of our platform, along with Sounder’s groundbreaking discovery features, help creators unlock their voices and realize their full potential.”
-Kal Amin, Co-founder and CEO of Sounder
“We take a data-driven approach to investments, and were very impressed by the value Sounder is bringing to the rapidly growing market for audio content. Sounder’s technology solves problems that have kept the audio market from reaching its full scale and potential.”
-Miriam Rivera, Co-founder and Manager Director of Ulu Ventures
“We love the clean design. The search function is effective and is a groundbreaking concept for podcast listeners.”
-Corey Miller, Content Strategist of The Players’ Tribune.
“We’re excited to be working with Sounder on our growing network of podcasts. The incredible search technology is simple yet simultaneously provides innovative features which are a huge asset, both to our reporters and producers and, most importantly, to our listeners.”
-Steve Hayes, CEO, Co-Founder and Editor, The Dispatch
“Sounder is a great platform with a great team behind it. It’s easy to use and simple to get started.”
-Chris Robinson, Reporter at The Guardian, The Huffington Post, and The New Statesman
“Sounder makes podcasting easy. I’m thrilled to be part of the forward-thinking Sounder community. The company has enabled me to share my voice with the world. Their thought leadership has empowered me to enhance my podcast in a way that is continually growing my audience.”
-Col Carter, Co-Creator, Accidental Parenting
