Breaker is an audio company that develops a podcast listening and discovery application.
Breaker is a podcast listening and discovery application. Most podcasts are free, but serious publishers are spending big budgets to make high quality audio content like Serial, which hit 100 million downloads and made podcasts mainstream. 67 million Americans are already listening to podcasts a month. Breaker wants to sign exclusive deals to distribute the best premium podcasts and charge users $6 per month. First, its goal is to build a huge listener audience by making the best podcast consumption app. It launched today, and will offer podcasters ways to connect and get feedback from their community, and analytics about what content performs best. It has a stunning 67% retention rate after a month for beta users. If it can convince people to pay for what’s often free, it could become the preferred place for podcasters to talk.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 20, 2017 | Seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
ACE & Company | — | Seed |