Podeo raises $5.4m in Series A funding
September 30, 2024
Podeo, the UAE-based podcast distribution platform, has raised $5.4 million in Series A funding.
The round was led by Oraseya Capital (the VC arm of Dubai Integrated Economic Zones Authority) with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital.
The company intends to use the funds to accelerate its growth, expand AI capabilities, and continue delivering tools for the podcast value chain.
Founded by Stefano Fallaha, Anthony Essaye, and Mario Hayek in 2020, Podeo offers a platform for podcasters, streamlining everything from content creation and distribution to monetisation. Its exclusive distribution integrations improve exposure across radio stations, airlines, ride-hailing services, gaming, and chat apps.
The company has a community of 100,000+ creators and a global audience of over 50 million listeners.
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