Turkish social podcast application Poddy announced that it has received investment at a valuation of 85 million TL. Poddy, founded by Turkish entrepreneurs in London, received its first bridge investment from angel investors and friends & family before the global seed investment targeted in the first half of 2024. Nurettin Şendoğan led the investment round in October. Other participants in the bridge investment round were Özbeyen Atalay, Deniz Dülgeroğlu and a group of angel investors.
Poddy Aims to Solve Problems in the Podcast Industry
Turkish startup offers opportunities such as creating audio excerpts from content and interacting with audio content publishers. Launched in London, Turkish startup offers podcast listeners the opportunity to make their voices heard on a single platform. It increases the interaction between podcast producers and their listeners. Turkish startup will offer a new revenue model with investment to podcast producers who cannot generate revenue other than sponsored content and advertising. Podcast producers will only have this income through listening.
As we have been saying since day one, with this action, we are accelerating our penetration into our main target market, namely the American market, especially California. The main purpose of the application was to solve the problems of the podcast world. Enabling listeners to connect with producers, facilitating content discovery, offering podcast listeners the experience they are used to on social media, making podcast recording very simple and offering new channels to advertisers through podcast media are just a few of the solutions we have offered to the ecosystem so far.Cüneyt Göktürk, CEO of Poddy