Acast is a podcasting app and web service that provides free, on-demand audio content, enhanced by additional rich media and links. 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 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)
81 (est)+3%
Website
acast.com
Acast was founded in 2013 and is headquartered in Stockholm, SE

Acast Office Locations

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

Acast Financials and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$32.6 m

Latest funding size

$19.5 m

Time since last funding

2 months

Investors

Acast's latest funding round in September 2017 was reported to be $19.5 m. In total, Acast has raised $32.6 m

Acast Financials

Acast's revenue was reported to be kr50.4 b in FY, 2016 which is a 208% increase from the previous period.
SEK

Revenue (FY, 2016)

50.4 b

Revenue growth (FY, 2015 - FY, 2016), %

208%

Gross profit (FY, 2016)

21.3 b

Gross profit margin (FY, 2016), %

42%

Net income (FY, 2016)

(52.6 b)

EBIT (FY, 2016)

(52.6 b)

Cash (31-Dec-2016)

15.7 b
SEKFY, 2015FY, 2016

Revenue

16.4 b50.4 b

Revenue growth, %

208%

Cost of goods sold

9.2 b29.1 b

Gross profit

7.1 b21.3 b
SEKFY, 2015FY, 2016

Cash

40.1 b15.7 b

Accounts Receivable

950.7 m708.7 m

Inventories

74.1 m57 m

Current Assets

47.2 b33.4 b
SEKY, 2016

Revenue/Employee

1 b

Financial Leverage

1.5 x
Show all financial metrics

Acast Operating Metrics

Acast's Unique Users was reported to be 1 m in May, 2015
May, 2015

Monthly Streams

12 m

Unique Users

1 m
Show all operating metrics

Acast's Web-traffic and Trends

Acast Online and Social Media Presence

Acast News and Updates

Swedish podcast platform Acast raises $19.5 million to go global

Podcast platform Acast, based in Stockholm, has raised $19.5 million in a Series B round from Swedbank Robur’s Ny Teknik and Microcap funds to continue its internationalisation. Other investors in the round include Norron Asset Management’s funds Target and Select, bringing Acast’s total funding to …

Acast raises $19.5 million to grow its podcasting platform in the U.S. and enter new markets

Audio and podcasting platform Acast has raised $19.5 million from a group of Swedish investors, including Swedbank Robur funds Ny Teknik and Microcap. Founded out of Stockholm in 2014, Acast is an all-encompassing podcast platform that seeks to join the dots between creators, listeners, and advertis…

Acast introduces programmatic ads to its podcast platform

 Acast says it’s time for podcasts to embrace programmatic advertising. With its publishing and monetization tools, Acast has already moved beyond the generally low-tech state of podcast advertising, but launching a marketplace for programmatic (i.e. automated algorithmic) ad-buying is the next step…

Europe’s fastest-growing young tech companies: announcing the European Tech30 2017

For the fourth year in a row Adyen and TNW teamed up to find the fastest growing companies in Europe’s six hottest startup ecosystems: The UK, The Netherlands, Germany, France, Spain, and Sweden. We screened hundreds of young companies, in the end focusing on one key metric: percentage growth in rev…

Acast Company Life and Culture

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