Soundtelling raised money from CoMade
Soundtelling, a Stockholm, Sweden-based podcasting company, announced that it added capital investment in an undisclosed equity round.
The money was provided by CoMade and will be used to hire more people and develop scalable media products for the European market.
Soundtelling, founded in 2016 by CEO Andres Moreno, Mohamed El Abed, Martin Johnson, produces audio content and is known for shows such as Showcase Secrets, produced for the American podcast network Radiotopia.
The company is profitable, made SEK 3M ($320k) in 2018 and expects to get to 10M in 2019.