We're thrilled to celebrate Pocket FM's incredible milestone of securing $103 million in Series D funding, led by Lightspeed and with participation from Stepstone Group.
This achievement not only highlights Pocket FM's remarkable growth journey but also sets the stage for its ambitious expansion into Europe and Latin America, following its successful foray into the U.S. market.With a total funding of $196 million to date, valuing the company at $750 million, Pocket FM's innovative approach to audio entertainment, through its pay-as-you-go model, has revolutionized the way users consume audio series and novels. By focusing on user engagement and the creator economy, Pocket FM has fostered a vibrant community of over 90,000 writers on its platform, Pocket Novel, further enriching its content ecosystem.
As Pocket FM embarks on its next chapter of growth, we encourage the team to explore the possibilities of leveraging Human Capital Express in their journey. Investing in human capital can significantly contribute to fostering innovation, enhancing productivity, and achieving sustainable growth. We're excited for Pocket FM's continued success and its role in shaping the future of audio entertainment. The dedication to providing a platform for creators and offering diverse content to users across the globe is truly inspiring.
Here's to reaching new heights and unlocking the full potential of human capital.
For more such news, do visit our funding section.