Podchaser, a podcast database co-founded by IU alumnus Cole Raven, has closed a $4 million funding round with participation from the IU Angel Network. Podchaser says the funding will sustain its growth as a data resource and community.
Known as the “IMDb for podcasts,” Podchaser is a resource for podcasters, listeners, agencies, and brands.
“The podcasting space was already a rapidly emerging market prior to the pandemic,” said Jason Whitney, executive director of the IU Angel Network and vice president of IU Ventures. “However, the immense growth demonstrated on both the consumer and marketing sides throughout the pandemic demonstrated an immense demand to potential investors. So, our network was very fortunate to be able to participate in this exciting capital raise.”
The round was led by New York-based Greycroft and also included Indianapolis venture studio High Alpha.