Headquartered in Stockholm and founded by Karl Rosander and Måns Ulvestam, Acast first launched in Sweden in April 2014, and opened a London office in October 2014. Available for Android, iOS, and desktop, as of May 2015, the service has 1 million users and 12 million streams per month. Acast currently hosts 50% of commercial podcasts broadcast in the UK, including content from xfm, Naked Scientists, Spectator, ASOS, and The Guardian. The platform enables producers to host podcasts for free and monetise them via its ad-supported platform. Clean advert breaks can be inserted to ensure the flow of an episode is not disrupted. In May 2015, Acast closed a $5m Series A funding round, led by Bonnier Growth Media. This was supplemented by an undisclosed follow-on investment from early-stage VC firm MOOR, which is owned by serial entrepreneur Kaj Hed, majority owner of Rovio Entertainment, creators of Angry Birds. In 2014, just four months after launch, Acast was named Start-up of the Year by IDG magazine, Internetworld, and ‘Most innovative media service’ at leading mobile industry awards Mobilgalan.
Company Growth (employees)
Type
Private
HQ
Stockholm, SE
Founded
2013
Size (employees)
69 (est)+2%
Website
acast.com
Acast was founded in 2013 and is headquartered in Stockholm, SE

Acast Office Locations

Acast has offices in Stockholm, London, New York
Stockholm, SE (HQ)
82 Drottninggatan
New York, US
72 Allen St
London, GB
1 27 Corsham St

Acast Metrics

Summary Metrics

Founding Date

2013

Total Funding

$9.7 m

Latest funding size

$4.7 m

Time since last funding

over 1 year

Investors

Acast's latest funding round in December 2015 was reported to be $4.7 m. In total, Acast has raised $9.7 m

Acast Online Presence

Acast News

Acast Company Life

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