Acast

Acast, founded in 2014 and headquartered in Sweden, has established itself as a leading player in the podcasting industry. With a mission to connect podcast creators, advertisers, and listeners, Acast operates a marketplace that encompasses 100,000 podcasts, 2,300 advertisers, and boasts a massive 400 million monthly listens. Notably, Acast's unique technology enables monetization across various podcasting apps and listening platforms, ensuring that creators and advertisers can capitalize on their content and reach. In June 2020, the company secured a substantial €25.00M in a Venture Round investment, with contributions from prominent investors including Alfvén & Didrikson, Bonnier Ventures, Swedbank Robur, MOOR, and Första AP-fonden. This injection of capital speaks volumes about the industry's confidence in Acast's business model and the potential for further growth. Listed on the Nasdaq First North Premier Growth Market (ACAST.ST), the company continues to expand its global presence and reinforce its position as a crucial player in the podcasting ecosystem. Acast's slogan "For brilliant podcasters. For smart advertisers. For The Stories." succinctly captures its dedication to fostering an environment wherein all stakeholders can thrive.