Podchaser Raises $1.65 Million to Expand Database

RADIO ONLINE | Wednesday, January 29, 2020 | 2:19am CT

Podchaser raises $1.65 million to expand its podcast database and launch Podchaser Connect. The seed funding is from a lineup of investors including High Alpha Capital, Hyde Park Venture Partners, Poplar Ventures, Lunsford Capital, Rich Greenfield and Matthew Luckett. Podchaser's cross-platform offerings are creating a standard dataset for the podcast industry, as it combines its database with key industry partners such as Triton Digital, Spreaker, RadioPublic and Player FM.

The new funding will help support Podchaser's three core initiatives: advanced search and discovery, industry-wide data standardization and data-driven marketplaces for connection, including today's launch of its guest placement platform, Podchaser Connect.

With over 800,000 existing shows and new ones created every day, Podchaser is leveraging its set of metadata. The team will continue to advance features powering search, discovery, and recommendations. Podchaser also plans to grow its social and discovery platform to create features that foster conversation between listeners and podcasters.

This shared platform consolidates podcast discovery and listener engagement, which has historically been fragmented across social networks, websites, newsletters and apps. Podchaser says its platform-agnostic database can be integrated and utilized by partners throughout the industry, delivering the transparency required to formalize and mature the world of podcasting.

"Audio is everywhere, from AirPods to Smart Speakers to CarPlay and Android Auto with exponential growth in podcast creation and consumption spreading globally," said LightShed Partners NYC Partner Rich Greenfield. "The consumer challenge facing podcasting is figuring out 'what' to listen to in an overwhelming sea of content; enter Podchaser, purpose built to help consumers find content that will excite and delight them."