Podeo, the podcast distribution platform, announced its success in securing a $5.4 million investment during a Series A funding round led by Oraseya Capital, with participation from several investors such as Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and Razor Capital.
Founded in 2020 in Lebanon, Podeo is now headquartered in the United Arab Emirates. The platform aims to provide comprehensive solutions for users and creators in the podcasting world, offering distribution services and performance analytics that help enhance reach to a broader audience.
Podeo plans to use the new investment to expand into new markets, including Latin America, Eastern Europe, and Southeast Asia. This expansion is a strategic move to strengthen the platform’s global presence and increase its user base.
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