Storytel

company

About

Storytel is a provider of a phone-based audiobook and e-book streaming services.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
kr400M
Industries
Audiobooks,EBooks,Mobile Apps,Publishing,Subscription Service
Founded date
Jan 1, 2005
Number Of Employee
501 - 1000
Operating Status
Active
Stock Symbol
fra:DST
Legal Name
Storytel AB

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
kr1.37B $12M €138M
Storytel has raised a total of kr1.37B $12M €138M in funding over 2 rounds. Their latest funding was raised on Nov 9, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 9, 2022 Post-IPO Equity kr400M 5 Detail
Sep 7, 2021 Post-IPO Equity €138M 1 EQT AB Detail
Jun 3, 2020 Post-IPO Equity 1 Detail
Feb 20, 2020 Post-IPO Equity kr0.94B 3 Detail
Apr 26, 2019 IPO Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Storytel has made 2 investments. Their most recent investment was on Nov 8, 2022, when doola raised $8M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 8, 2022 doola
Series A $8M Business Development
Feb 1, 2022 CertifyOS
Seed $4.55M

Employee Profiles

Number of Employee Profiles
12
Storytel has 12 current employee profiles, including Board member Stefan Blom
Board member
Board member
Board member
Executive
Executive

Acquisition

Storytel has acquired 13 organizations. Their most recent acquisition was Mofibo on May 20, 2016. They acquired Mofibo for 0.

Date Company Name
Industry Acquisition Type Price
May 20, 2016 Mofibo
Digital Media acquisition Detail
Jun 22, 2016 Norstedts
Events acquisition £ 12.50M Detail
Feb 1, 2017 Kontentan
E-Commerce acquisition Detail
Mar 2, 2017 People'sPress
Publishing acquisition kr 75M Detail
Sep 19, 2017 Skynjun
E-Commerce acquisition Detail