Storytel
Signal active
Investment Firm
Overview
Storytel is a provider of audiobook and e-book streaming services. The company offers unlimited streaming to consumers in 20+ markets. With Storytel, users can discover award-winning detective stories, dizzying novels, or powerful biographies, and easily sort books in Swedish, English, Arabic, Danish or Finnish.
Storytel was founded in 2005 and has since been a leader in subscription services for audiobooks and e-books. The company is established in Sweden, Denmark, Norway, Holland, and Poland. Since 2015 Storytel has also been the publisher of the physical books for the acquisition of publishing houses Massolit and B. Wahlstrom.
Highlights
Founded
2005
Industry
Publishing
Employees
501-1000
Investment
1
Lead Investment
0
Exits
undefined
Stages
Early Stage Venture
Investor Type
N/A
Location
Europe
Contact Information
Social
Profile Resume
Storytel, established in 2005 and headquartered in Europe., specializes in Early Stage Venture investments across Publishing, Artificial Intelligence (AI), Content Creators, Audio, Developer APIs, Financial Services, Venture Capital, Finance, Angel Investment, Information Technology. Their recent investments include ElevenLabs, Andreessen Horowitz, SV Angel, Credo Ventures, Embark Studios. The highest investment round they participated in was $2.4B. Among their most notable exits are ElevenLabs and Andreessen Horowitz. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Storytel has made 1 investments. Their most recent investment was on Jun 20, 2023, when ElevenLabs raised $19.0M.
investments
1
Diversity investments
0
Lead investments
0
Number of exits
undefined
Investments
1
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Jun 20, 2023 | ElevenLabs | Publishing | 19.0M |
Exits
0
Funding Timeline
Funding rounds
1
Investors
13
Funds
0
Funding Rounds
1
Storytel has raised 1 rounds. Their latest funding was raised on Jun 20, 2023 from a Series A - ElevenLabs round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Jun 20, 2023 | Series A - ElevenLabs | - | 19.0M | - |
Investors
13
Storytel is funded by 13 investor(s). EQT and C WorldWide Asset Management Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Otava | No | Post-IPO Equity - Storytel | 36.8M |
Roxette Photo | No | Post-IPO Equity - Storytel | 36.8M |
C WorldWide Asset Management | No | Post-IPO Equity - Storytel | 36.8M |
EQT | No | Post-IPO Equity - Storytel | 36.8M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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