Podcastle, the new kid in Podcast Creation World has Managed to Raise $7Million

Podcastle a newly established podcast creation platform has raised $7 Million early stage funding round  co-led by RTP Global and Point Nine Capital. The new startup seeks to disrupt the podcast space that is dominated by Spotify’s Anchor and Apple Podcast. 

the company says it has 150 000 creators to date and is adding a new technology and easy-to-use tools for podcast creators such as enabling studio-quality remote interviews using consumer-grade mics, multitrack recording and editing, and the ability to isolate the speech in the podcasts and improve it.

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Artavazd Yeritsyan, founder and CEO of Podcastle and former VP of Engineering at Picsart, said: “In 2022, the average time spent listening should rise to 1 hour and 37 minutes per day, meaning the industry becomes one of the most influential categories in storytelling.”

Yeritsyan adds, “we at Podcastle strive to remove all technical barriers and allow creators to focus on the thing that really matters — producing and delivering content they’d like to share with others”.

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He says that while Descript is an editing tool, Podcastle is closer to a “creation” platform where creators can start with the remote interviews and continue editing without leaving the platform. “It’s like comparing Microsoft doc with Google Docs. Or Sketch versus Figma. In those cases, we are Google Docs and Figma,” he told TechCrunch.

Podcastle offers four pricing plans and its base features are available for free.

Podcast is booming industry as it is valued at  $104.2 billion at the moment, with 1 hour and 37 minutes per day average time spent listening. 

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