
83North leads €15m series-A round for podcast startup Podimo
Danish podcast startup Podimo has raised €15m in a series-A round led by 83North.
Existing investors E.Ventures and Heartcore also participated in the round.
83North is investing from its fifth fund, which held a final close on €300m in October 2019.
The vehicle deploys tickets of around $1m at the seed level, $4-8m at the series-A stage, and up to $20m for series-B rounds in early- and growth-stage companies across Europe and Israel.
Podimo will use the proceeds to further develop its platform, invest in content and podcast creators, grow its team and drive market expansion.
Company
Founded in 2019 and based in Copenhagen, Podimo is a podcast platform that operates through a revenue share model and is driven by a subscription-based service. It is currently present in Denmark and Germany.
People
Podimo – Morten Strunge (CEO, founder).
83North – Arnon Dinur (partner).
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