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Podcast platform Sounder has raised another $2.15 million for a total of approximately $4M of seed financing raised in the past 14 months. The $2.15M raise was led by Ulu Ventures, and joined by new and existing investors including Newark Venture Partners and Xoogler.co, a community of Google alumni and current Google employee investors, and individual Spotify and Google executive angel investors.
“2020 was a very successful year for Sounder across product development, partnerships, and monetization, said Kal Amin, Co-founder and CEO of Sounder. “This new round of funding will allow us to continue to solve problems creators face while innovating within the overall audio landscape. It will also allow us to bring our premium product, Sounder Plus, to market.”
With this funding, the company plans to further advance its proprietary search, speech-to-text and contextualization technologies as well as establish a new R&D center of excellence in New York.